Buckle up for another wild week

Traders should expect more volatility in the upcoming week.  Here is the backdrop and upcoming events to be aware of: Backdrop -Last week’s volatility was driven by; slowdown in manufacturing and services, solid jobs and unemployment numbers -Overall global...

Strength or drinking the Kool-Aid?

Are current market levels justified by underlying strength, or are participants “drinking the Kool-Aid” and displaying naivete and disregard for global data and recent shocks to the market? In this update, I review and analyze where we are and what to...

Expect a wild open on Monday 9/16/2019

Oil futures are up over 10%, the S&P 500 is down and Gold is spiking. Here is this weeks market update with discussion and analysis of these events and what to watch for. As always, I welcome your questions, comments and feedback....

Market Update 9-1-2019

It is all about tariffs! The latest round of US tariffs on additional goods from China went into effect today. Overnight S&P 500 Futures are down about .60% right now. We should expect the market to open down, after the Labor Day Holiday, on Tuesday, 9/3/2019....

Market Update 8-18-2019

Big Picture Right Now: 8/18/2019 ANOTHER wild ride on the indexes last week – expect to continue -Breaking news can and will cause volatility -China trade, Hong Kong, Iran, North Korea, etc. Complicated week for planned news -FOMC meeting minutes will be released on...

Market Update for 8-11-2019

Big Picture Right Now: 8/11/2019 -Wild ride on the indexes last week – expect to continue -No news on China trade deal, yet -Will Yuan stabilize? How about the Dollar and the inverted yield curve? -What about Iran . . .? This coming week -Q2 earnings winding down,...

Market Update 8-4-2019

Big Picture Right Now: 8/4/2019 Pullback on S&P 500 and other indexes – is this the “big one?” Tariff’s increased on China, what sector opportunities? What about Iran . . .? The Fed raised rates – Once – for now This coming week -Q2 earnings continues -Economic...

Market Update 7-28-2019

Busy week coming up! Here is the “Big Picture” right now and things to watch for: -More new highs on S&P 500 – for now -Still no deal with China – delegation heading to Shanghai this week -What about Iran . . .? -FOMC meeting July 30-31. Expectations...

Market Update 7-21-19

Big Picture Right Now: 7/21/2019 Indexes pulling back– for now -Still no deal with China -What about Iran? -FOMC meeting July 30-31 This coming week -Q2 earnings continues -Earnings growth slowing? Watch closely This weeks video: As always, your questions, comments...

Market Update Week of 7-15-2019

Big Picture Right Now: 7/14/2019 Record highs on indexes – for now *Still no deal with China *What about Iran? *FOMC meeting July 30-31 This coming week *Retail Sales, housing starts, Q2 earnings blizzard begins *Notable earnings this week; SCHW, C, JNJ, GS, MPS, DPZ,...