The Federal Reserve Bank officials are gearing up for an upcoming meeting that is set to have heavy implications on the bond and stock market—a week from now. However, as we all know — with the Fed — you don’t have to wait for its all-important interest rate announcement to make substantial profits off its … Read more
Well, the talking heads are one step behind… yet again. The market is on its march to all-time highs, but we’re still hearing talks of recession. However, we’ve already heard Fed Chair Jerome Powell downplay those talks of the U.S. and the rest of the world heading for a recession — sending stocks higher on … Read more
It’s an extended holiday weekend, but come Tuesday… Wall Street’s bigger plays return from vacation and get back in the saddle… With so many traders chasing alpha… it means things can even whackier. Market volatility has taken a toll on a lot of traders already… but the last stretch of 2019 looks no different… Currently, there are several … Read more
Well, the markets are trading higher today and rebounding from the August “sell-off”… and all seems to be fine in terms of macros… for now. Treasury yields are rebounding – stymying fears of a possible recession… and the U.S. agreed to extend its temporary ban on doing business with Chinese telecom giant Huawei. Not only … Read more
It doesn’t matter if you traded currencies, precious metals, bonds, or stocks— it was a wild week of action in the financial markets…many are blaming the trade war as the catalyst… but I’ve been around the block long enough to know it’s never one thing. And despite the Dow Jones experiencing its fourth-largest loss ever … Read more
Stock futures are pointing to a higher open this morning, but despite the bullish price action– there has been significant structural damage done to the market that we need to talk about. So much so… that I wouldn’t be surprised if the market reverses and even goes negative today. And according to the world’s largest … Read more
The market’s fear index, the VIX, exploded on Monday, rising nearly 17% and closing at 21.07. Now, the more investors experience panic and fear– the higher the VIX goes. And according to this sentiment indicator, yesterday was the sixth scariest close of the year. But do you know what else was alarming? Global bond yields … Read more
When it was all said and done this week, here are what the final numbers looked like: Dow (-0.7%), S&P 500 (-0.5%), Nasdaq (-0.6%). And while all major indices posted a modest decline, those numbers don’t tell us how wacky and wild it was for traders. We can thank the ongoing trade war between the … Read more
Welcome to the wild and wacky world of trading…where the fate of the financial markets is often determined by itchy twitter fingers. Remarkably, the Dow has dropped approximately 1,500 points since President Trump’s tweet on Thursday. And while the futures are trading higher this morning… we can not ignore the damage that was done yesterday— … Read more
The stock market is brushing up against all-time highs, and the biggest week of earnings season is here, but I want to shift the focus to something that traders aren’t talking about yet. What am I referring to? The upcoming Federal Open Market Committee (FOMC) meeting on July 30 and 31, which I believe, will … Read more