The Bulls made a run on Friday. Click below to find out why….
A New Year
The stock market found a place to bottom this week – no real news event happened just an exhaustion point for sellers. What happens next with the chart patterns will be significant as one more new low will lay the beginnings of a trend change and a bear market for the global stock market. If […]
Kisco Capital provides some guidance on where the S&P 500 goes next.
This month has been one of chugging along on the low volume train to the upside with an arrival into earnings season. Earnings are good but the growth in earnings is abating. Some companies are blaming misses on trade tensions but the realty is that currency volatility and inflation are pressuring margins. Both are a […]
High and Nigh
Sentiment in the stock market is swinging to the dark side as trade tensions are blamed for fowling up a “global synchronized recovery”. But is that type of stock market natural? Should all markets across the globe go up at the same time for years on end? Doesn’t that mean there is no diversity when […]
Off To Never Never Land?
It was a busy news week with International Trade and North Korea but the equity and debt markets stayed rangebound with volatility infecting the currency and commodities markets. Central banks (US & Euro Zone) made announcements that they were going to withdraw their purchasing of bonds and a promise to raise interest rates very gently […]
Waxing the Brazilian Economy
The U.S. stock markets continued to move higher as we move past the Q1 correction of 2018. However, there was a hiccup on Thursday as the Brazilian stock market dropped 8% in one day! Why? As U.S interest rates move higher there is a butterfly affect on emerging economies that link their currencies to the […]
A good close on Friday for the stock market after a tester on Tuesday that was caused by a dramatic rise in Italian interest rates. The rise was caused by a change in the leadership of the Italian government where the new leadership is skeptical of continued participation in the Euro zone experiment that has […]
Back to the grind after a long holiday weekend. The stock market and interest rates behaved last week so perhaps we are seeing some consolidation before the next move in either direction. The small-cap growth stocks have been in the pole position and leading the market higher these past few weeks, see below. The Fed […]
Sputtering to the Upside
The stock market lost its mojo this week as the 10Yr Treasury bond yield made new multi-year highs which gave the stock market pause. The Fed is withdrawing its liquidity and raising interest rates which will normalize the interest rate complex – something were have not seen since before the financial crisis. Let’s take a […]