Category: Commentary

Earnings have been rather weak for the past three quarters, which raises the question, does this impact the overall economy? We asked our resident earnings expert, LPL Research’s Market Strategist Jeff Buchbinder, about this and here’s what he had to … Continue reading →

Caution resumes after GDP, inflation data beat expectations. Stocks lost momentum on Friday after Q4 gross domestic product (GDP) data were revised higher and personal consumption expenditures (PCE)–the Federal Reserve Bank’s (Fed) preferred inflation measure–also rose more than expected, suggesting … Continue reading →

As we head into the last two days of February, let’s take a look at some of the key stats from what has been a truly wild month. Should February finish the month in the green (up +0.59% as of … Continue reading →

As the daily volatility continues to ramp up, it is important to take a longer-term look at things to get a better picture of what is really happening. When there are huge daily swings like we’ve been seeing the past … Continue reading →

Stabilizing oil spurs rally in stocks. Indexes staged a broad rally on Wednesday, overcoming an early drop-off to finish firmly higher. The move came in tandem with WTI crude oil prices, and reversals were also seen in safety trades, causing … Continue reading →

Crude oil and the S&P 500 have been extremely correlated recently. The question is, just how correlated have they been and is this normal? Using data going back to 1983, 51% of all days have seen the S&P 500 and … Continue reading →

Stocks turn negative for month as oil falters. Major indexes slipped more than 1% on Tuesday after hopes of a production freeze between OPEC and non-OPEC states all but fell apart, driving WTI crude oil prices down nearly 5%; a … Continue reading →

One chart that is making the rounds and producing a good deal of concern is the New York Stock Exchange (NYSE) short interest. As of the end of January, total short interest is over 18 billion shares. This is significant, … Continue reading →

Oil rallies 6%, stocks rally. Equities raced out of the gate on Monday, chasing after WTI crude oil as it continued to build on overnight momentum following a bullish International Energy Agency (IEA) report. Energy led the sector advance, though … Continue reading →

It has officially been nine months since the S&P 500 last made a new all-time high. On May 21, 2015, it closed at 2130.82, and it has closed lower than that point in each of the past 188 trading sessions. … Continue reading →