Category: Commentary

The wait is over—later this afternoon we will release our Midyear Outlook 2016 publication. With the S&P 500 closing at its first all-time high in over a year yesterday, the timing couldn’t be better. Coming into 2016 we expected a … Continue reading →

Stocks open at all-time highs. U.S. equities are modestly higher in early trading and are looking to add to a 1.5% gain from the S&P 500 on Friday after nonfarm payrolls came in well above consensus. The rally was led … Continue reading →

The headline jobs data for June looked great, as nearly 300,000 jobs were added. As John Canally put it though, “On a scale of 1 to 10, with 10 being the best jobs report ever – I’d put this current … Continue reading →

The Dow Jones Transportation Average has recently triggered what market technicians call a moving average “death cross” event. A moving average death cross is when the shorter-term 50-day simple moving average crosses below its longer-term 200-day simple moving average. Based … Continue reading →

Jobs report surprises to the upside, stocks rise. U.S. stocks are moving higher this morning after The Bureau of Labor Statistics released its monthly jobs report showing that U.S. employers added 287,000 new jobs in June versus consensus estimates of … Continue reading →

Tomorrow morning at 8:30 a.m. ET (July 8, 2016), the U.S. Bureau of Labor Statistics (BLS) will release its June 2016 Employment Situation Report. The consensus of market analysts is expecting a 180,000 increase in jobs, a +2.7% year-over-year gain … Continue reading →

U.S. stocks follow European markets upward. After a strong reversal yesterday, domestic equities are moving higher in early trading. Wednesday’s session saw strong first hour selling; however, the S&P 500 rose throughout the rest of the day to advance 0.54%. … Continue reading →

Stocks lower as Brexit worries continue. U.S. equities are again moving lower this morning after yesterday’s sell-off saw the S&P 500 decline by 0.7% and the yield on the 10-year Treasury close at a record low of 1.35%. Financials continued … Continue reading →

Something extremely rare happened last week and it could be potentially bullish for equities over the remainder of the year. The volume on the New York Stock Exchange (NYSE) is broken down by advancing and declining volume. On Tuesday and … Continue reading →

Stocks open down following extended weekend. U.S. equities are following global markets lower this morning, as safe-haven assets rally and WTI crude oil prices are sliding nearly 3%. The S&P 500 finished the prior week on a strong note, with … Continue reading →