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80 S&P points down yesterday and 60 points up today. One could argue volatility has returned to the market. Today, shorts were covering...

Ten years ago hedge fund manager Hugh Hendry wrote in his annual letter that central banks have given rise to a new form of investing...

Overnight futures are bouncing back from yesterday's drubbing. At this point, the futures market is no longer a reliable indicator of...

Today was the biggest down day of 2024. The market closed at the lows of the day. As was somehow totally unexpected by markets, the...

FOMC decision day. The Fed is expected to hold short-term rates steady. The key to the meeting will be any clue as to the timing of rate...

The market closed flat today, however for a change the Dow was firmly green while big Tech was firmly red. After hours, Microsoft beat...

Today is FOMC meeting day one. The stock of the day is Super Micro Computer. The new Nvidia we are to believe. As a reminder, today after...

Today's market was sleepy and boring right up until the last hour when the algos decided to take the S&P futures for a rocket ride....

The market opened the week flat. Banks are leading, Energy is lagging. Notable new 52 week highs, Meta (Facebook) which reports earnings...

Last week I noted that the July high coincided with Netflix earnings which is usually the first "FANG" stock to report during the...

Below I will discuss the various factors that will weigh on the Fed decision this week. First, we begin with the bull case: "Ned Davis...

The chart of the week is the double top in the S&P 500: The equal weight S&P 500 peaked back in December. Now it's making a second lower...