Global markets were most focused on U.S. Congress because the budget debate continues ahead of the Sept. 30th deadline (not to be confused with the debt ceiling debate that has a mid-to-late October deadline). U.S. …
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Stocks in Asia were mixed, with Japan staging an impressive turnaround, but China selling off 2%. European stocks opened green, but quickly turned red. SPX futures rallied to up 7 points just prior to the …
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Stocks in Asia and Europe were mostly red, with markets most focused on the U.S. political gridlock. S&P 500 futures were down to a 1687 low overnight, a new 8 day low. Asian Equities Decline, …
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Financial assets were relatively quiet in the overnight session. U.S. economic releases today include housing data at 9:00 am EDT, and the Richmond Manufacturing Index and Consumer Confidence at 10:00 EDT. Asian Equities Mostly Red …
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The VIX has now risen for 4 straight days, albeit from 5 year lows. But the VIX has done that while the SPX index has actually ticked gradually higher, as it’s up 0.5% on balance …
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In an otherwise relatively quiet overnight session, the Shanghai composite broke down to levels not seen since 2009. Here is the 5 year weekly chart: It’s a very steady 3 year downtrend, eerily …
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SPY closed basically unchanged yesterday, and this morning indicates another open near unchanged after another quiet overnight session as everyone waits for the all-important central bank releases on Wednesday and Thursday. It is also month-end, …
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