MorningWord

A week ago today the U.S. stock market rallied nearly 7% on the day. By the end of the holiday-shortened week, the S&P500 (SPX) was up 12%, the best week in nearly one hundred years …

Regular readers of Risk Reversal know that I DON’T give investment advice, the trade ideas I detail on the site are just that ideas, and my thoughts on markets, economics and of course politics, are …

On Friday after the close, the Wall Street Journal ran the following story: Anatomy of an Outbreak: How Coronavirus Swept Through JPMorgan’s Trading Floor… Amid wild trading conditions, banks don’t want everyone working from home: …

Over the last month I, as have you, have heard the term unprecedented relating to far too many aspects of our life than we would like. There has been no shortage of comparisons made by …

This morning on CNBC I heard a discussion regarding corporate guidance, the act of management of public traded companies offering their outlook on earnings, sales, margins, units (etc) for the current period and the full …

This tweet yesterday from strategist David Rosenberg highlighted a point I have been making for a couple of years about the benefits for market returns in good times and the risks in bad ones of …

Bill Ackman is right, now. Two weeks ago the hedge fund manager, founder of Pershing Square went on CNBC and had a meltdown on national tv about what he feared the current government response was …

Yesterday on the close, the S&P 500 (SPX) closed up more than 6%, completing the stock markets first three-day winning streak in months. The venerable Wall Street Journal sent out this alert at 4 pm …

The S&P 500 (SPX) is on pace to make its first three-day winning streak in more than a month, up more than 16% from Monday’s lows: Near-term I would expect 2750-2800 to serve as technical …

Yesterday was the single largest percentage gain for the Dow Jones Industrial Average since 1933, up 11.3%, while the S&P 500 (SPX) gained 9.3%. Truly Astounding. This is what my watch list looked like…Are we …