On July 2nd, when the S&P500 (SPX) was still comfortable in its then 5 month trading range between 2050 and 2130, I wrote a post titled Don’t forget what you are celebrating as the pre-market futures caught …
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Dazed and Confused is one of my favorite movies of the 1990s. At the time, it didn’t find a big audience outside of high school and college kids, but has since become a cult classic, …
Continue readingThis morning is one of those days where everyone with a Twitter or Facebook login gets to offer an opinion on Greece. The financial news sharing economy is full tilt and it’s dizzying. I would guess that …
Continue readingThe data dependent Federal Reserve sees green-shoots in the U.S. economy. As they should after trillions of dollars of monetary and fiscal stimulus since the financial crisis. Employment data is nearing their targets for a …
Continue readingIts been a fun parlor game since the start of the Fed’s unprecedented policy of QE and ZIRP to predict what will happen to risk assets here in the U.S. once the central bank moves …
Continue readingThe result of socializing losses from the global financial crisis starting eight years ago, and the subsequent crisis monetary policy has caused the largest transfer in wealth to the private sector the world has ever …
Continue readingThe price action in risk assets in Europe and the U.S. yesterday was a fairly typical “risk off” day, the kind we had sort of forgotten. Strong dollar, strong treasuries, weak oil, down day in …
Continue readingAfter posting better than expected earnings and raising full year guidance yesterday, shares of The Home Depot (HD), closed down 1.74%, reversing early gains of 2%: This was my take heading into the print from my …
Continue readingI am probably a lot like you when it comes to the financial markets, I find single stock stories more interesting than the rest of the stuff. Often, I gravitate towards companies whose products or …
Continue readingThe S&P 500 (SPX) up 2.7% 2015. It has traded within a tight 6.5% range year to date and has traded within a even tighter range (between 2060 and 2120) since mid February: What’s interesting …
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