Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 29 = 21,703 SPX + 2 = 2428 NAS – 3 = 6213 RUT – 0.89 = 1356 10 Y – .01 = 2.18% OIL – 1.11 =
August 21, 2017
Neither bulls or bears could take control of the market today and the overall market ended the day near where it began. In this video market update let’s look at the leaders breaking down and what to expect from them
Virtually every corner of the closed-end fund (CEF) marketplace has been on an unrelenting grind higher over the last 18-months. Very few pullbacks have meant that you either had to be in these vehicles to capture the capital appreciation from
From our vantage point, the current correction is not the beginning of a major bear market but a necessary and long overdue pullback that likely has further to go. Similarly, given the record number of months without as much as
The British Government published its latest Brexit position papers Monday, urging the European Union not to separate goods from services in the Brexit negotiations, and the market impact was interesting – there wasn’t one. Instead, GBPUSD traded sideways in a
When we discussed the latest monthly Chinese credit data reported by the PBOC, we pointed out something which to most pundits was broadly seen as success by the Politburo in its deleveraging efforts: for the first time in 9 months, debt within
In April 2011, the European Central Bank’s staff and Governing Council were all optimistic. They had suffered through the panic and Great “Recession” and then the relapse in 2010 that birthed the term PIIGS. Despite all that and with considerable
The market needs more solar eclipses. In yesterday’s commentary I concluded that Monday’s market should be approached with and open mind because 3 of the 4 major stock indexes were sitting on a big support level, and therefore… Further declines
BJ’s Restaurants, Inc. (BJRI – Free Report) has announced the launch of a fully integrated online ordering platform along with alcohol delivery. Customers in select California markets will now be able to add six packs of BJ’s Restaurants popular craft beer to their
FOMO. It’s a critical impairment to our thought process. Fear of missing out (or FOMO) causes us to do things we otherwise wouldn’t have decided to do. In the market, it’s mainly buying into stocks after a nice rally. The
