September 11, 2012 by Enis • Commentary

I’ve opined in this space before about the historical value of watching how cyclical sectors are performing vs. defensive sectors as a gauge of overall risk appetite.  The new highs in the S&P 500 have …

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July 11, 2012 by Enis • Commentary

Markets were quiet again overnight, though risk-on picked up a bit during the European session as peripheral sovereign yields moved lower for the second straight day.  SPX futures are indicating a 0.4% higher open, the …

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June 15, 2012 by Enis • Commentary

The news that dominated the trading day yesterday was the central bank coordinated action headline from Reuters.  It was an otherwise quiet overnight session, with Asia and Europe following the U.S. rally higher. As usual, …

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