Japan Attacks!

Posted on: by .

Pre-market futures on a tear this morning, as the dollar index is rallying and gold is selling off. The Currency Devaluation War is heating up as the U.S. sits idle heading into the mid-term elections. We should expect the equity and bond market to rally, dollar rally, and disinflationary pressure as the BOJ and ECB Read more…

Abeageddon

Posted on: by .

As we push through the half-way point of Q1 earnings season, we are again about to hear from the Federal Reserve. This will certainly be an interesting meeting and will be the last one until mid-June. This, of course, will bring the spectre of the Taper to the front page again and can certainly inject Read more…

May ADP Report

Posted on: by .

Today we get a look at the health of private job sector with the ADP Report. I believe the market will remain in this support range and we will certainly experience intra-day volatility, unless any major economic news comes out before Friday’s Labor Report. It is important to pay attention to the significant volatility in the Japanese markets Read more…

Pending Labor Report

Posted on: by .

The market is holding at this support level as we wait for “Jobs Friday” when we get the monthly Labor Report, which has become the most anticipated monthly economic data point. Not only does it have political ramifications as the GOP and Democrats battle over the “Sequester”, “Budget”, “Debt Ceiling”, but it also sets the Read more…

Fed Speak – No Action

Posted on: by .

Yesterday’s market action was certainly interesting. The market was paused looking to go higher on word the Bernanke would keep his foot on the accelerator, while at the same time the VIX was pricing in options premium that was concerned about a market pull-back. It was as if everyone is long, because you have to Read more…

Currency War – Fed Action

Posted on: by .

The market made a solid move higher, even with the majority of earnings reports exhibiting top-line revenue contractions and domestic concerns moving forward. However, strength remains in the emerging markets as they continue to drive what revenue growth there is. The treasury market continues to remain unattractive, thus forcing any investment consideration into equities, regardless Read more…

    Older Posts >>