The NYSE published the Fact Book for years. That handy little reference book outlined the general trends in the industry and at the NYSE. I always found it to be a useful tool to see what direction things were moving in. When the NYSE decided to stop publishing that annual report, SIFMA stepped in and [...]
Things you need to know - Mkts churned - Nothing dramatic driving the action - UK’s BoJo - dealt a blow over BREXIT - Saudi Oil production back on line. So stocks meandered all day…..teasing below the flat line all morning only to move higher and trade in positive territory all afternoon before giving [...]
September 23, 2019 What You Need to Know Today Mkts continue to be concerned over trade and interest rates European macro data is weak but German macro data is weaker US to get both Manf and Services PMI’s So stocks ended lower on Friday – seemingly exhausted by all of the ongoing news….If it isn’t [...]
Things you should know Mkts kissing all-time highs Algo’s gearing up to strike ECB does not disappoint and that puts more pressure on Powell Icahn moves to Miami! OK – the ECB did not disappoint - they announced a 10 bps cut in rates – taking its [...]
Things you should know - Trump delays tariff increases - China exempts some US products from tariffs - The Saudi’s & OPEC talk of more production cuts - and the ECB announces a smaller rate cut but a bigger QE plan. The spike higher yesterday in the mkts is all about trade and the ECB….Rumors [...]
September 11, 2019 – ** On this day - 18 yrs ago - the world changed….3263 lives were lost and families destroyed. For many - the pain can only be dulled - never erased. For those of us who experienced it at the epicenter - the memory of this day will live forever in [...]
Thing you need to know. Mkt awaits the ECB – then the FED Are we in a rate cutting cycle? BoJo – gets put in the corner So if you just look at the indexes – it looks like they were little changed from Friday (except the Russell Small/Mid [...]
Things to know ECB announcement this Thursday FED next week Mkt breaks out of range – all on expectations of more Kool Aid UK forces Boris to play nice So the ride continues – after the surge higher on Thursday …..stocks continued the move towards S&P 3000. On Thursday [...]
Things you need to know Rumor has it that ‘this time will be different for trade talks’ Today’s NFP report and Fed Powell speech will be the catalysts UK’s Johnson under pressure (hate when that happens) Stocks exploded higher on the news that the US and China have apparently [...]
September 5, 2019 Things you should know Trade talks on – Mkts Surge UK under pressure as the Johnson family enters public feud US Macro data better than expected – What recession? Stocks close higher on Wednesday, taking back all of the losses that it suffered on Tuesday……Suddenly – [...]