Category Archives: Commentary

17 May

Why Boring Is Good (Part II)

Continuing with yesterday’s discussion on “Why Boring Is Good;” today we take a deeper dive into analysis which suggests the recent record low levels of the Volatility Index or “VIX” tend to be a bullish signal for U.S. equity prices … Continue reading
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17 May

Market Update: Wednesday, May 17, 2017

Yesterday’s Market Activity U.S. stocks showed little concern Tuesday over escalating drama in Washington, D.C.; S&P 500 closed unchanged. Reports that President Trump asked former FBI Director James Comey to shut down investigation into national security advisor Michael Flynn’s Russia … Continue reading
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16 May

Why Boring Is Good

We’ve pointed out many times over the past few months how historically non-volatile the S&P 500 Index has been this year. Last week, we noted the S&P 500 had gone a record 14 consecutive days without exceeding a 0.5% intraday … Continue reading
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16 May

Market Update: Tuesday, May 16, 2017

Yesterday’s Market Activity Oil rallied on news that Saudi and Russian energy ministers backed nine-month extension of supply cut agreement; International Energy Agency (IEA) skeptical global oil markets can be balanced by year end. WTI crude oil rose 2.1% to … Continue reading
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15 May

Market Update: Monday, May 15, 2017

Overnight in Asia most indexes were up fractionally while Japan pulled back slightly. G-7 discussions focused on protectionist threats, which weighed on sentiment. North Korea also fired a new missile over the weekend, adding to tensions on the peninsula. WTI … Continue reading
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12 May

Market Update: Friday, May 12, 2017

Overnight in Asia the Shanghai Composite gained 0.7% while Japan dropped 0.4% after disappointing EPS for retailers yesterday and skittishness prior to this morning’s retail sales print for April; MSCI Emerging Markets Index: +2.5% this week & around +14% year … Continue reading
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11 May

Ready, set…hike!

Market expectations for an interest rate hike after the Federal Reserve’s (Fed) June 13-14, 2017 meeting have reached 100%, as measured by Bloomberg’s World Interest Rate Probabilities. Just two months ago, the day after the Fed raised rates at its … Continue reading
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11 May

Market Update: Thursday, May 11, 2017

Asia-Pacific equity indexes slightly higher, including Japan’s Nikkei +0.3%, Hong Kong’s Hang Seng +0.4%, China’s Shanghai Composite +0.3%. Media focused on China’s ongoing efforts to constrain liquidity and avoid adding to debt problem and prevent overheating. European markets are mostly … Continue reading
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