Things you need to know Fed keeps rates at zero – hints at a CUT Investors confused Mkts digesting the impact Rates unchanged - Stocks and treasuries down, Fears up as Fed Chair Jay Powell warns of further economic sluggishness….Stocks – which traded as low as 2812 yesterday – spiked 30 [...]
Things you should know All eyes focused on the FED and the BoE Oil spikes higher on OPEC and Russian Cuts Trade talks? No mention at all And the US did not disappoint as they followed global mkts higher – the Dow added 0.25% or 65 pts, the S&P [...]
Things you need to know Global mkts end week in the plus column Rumors of more trade talk pushing stocks higher UK – moves BREXIT til June It was a boring day…Mkts did almost zero – by the end of the day the Dow added 7 pts while the [...]
Things you need to know - Mkt have a FOMO rally - BA ‘turbulence’ appears to have ‘stabilized’ – good for Transports & Aerospace - China macro data weak and strong - UK and EU continue exit talks Stocks BROKE out to new highs in what felt like more of a FOMO rally (Fear of [...]
2:20 PM ET Wed, 13 March 2019 Peter Boockvar of the Bleakley Advisory Group, and Kenny Polcari of Butcher Joseph Asset Management join CNBC's "The Exchange" team to discuss topics including the market. The group discusses Brexit and a possibility of a Fed rate hike.
Things to know US stocks get clobbered Uncle Mario (Draghi) slashes growth forecasts and increases stimulus Canada & Australia voice their concerns Chinese stocks PLUNGE overnight on poor trade figures – casting a pall over global mkts Stocks get CLOBBERED on Thursday, the S&P traded down to the trendline [...]
Things you need to know Trade Deficit raises the alarm bell US centric names get slammed Utilities and Treasuries – the safe haven play And the wait continues on trade So stocks continue their slide – the usual concerns over trade, mixed macro data, slowing global growth, [...]
Things you should know Lack of trade talk news raises concerns Sector rotation also raises concerns Eco data continues to suggest a strong US economy What are the Utilities telling us? Stocks continue to consolidate in what is now a very tight range 2750/2800 which has lasted [...]
Things you need to know Traders/Algo’s take profits on news of a trade deal Construction Spending weak – but that is NOT a driver More relevant eco data today But it is still about TRADE – Period Well the mkts whipped around yesterday – beginning the day [...]
Things you should know Rumblings of a Trade Deal are everywhere Global mkts marching higher Wilbur, Stevey and Bobby – all off the ‘grid’ Mkts in a Tug of War So stocks moved higher again on Friday as the reality of a trade deal gets closer and closer……The Dow [...]