State of the Markets

Another Brick In The Wall (Of Worry)

By: David Moenning

It is said that the stock market climbs a wall of worry. Put another way, while there is always something for the nattering nabobs of negativity to fret over, the stock market tends to "get over it" and move higher over time. So, just about the time investors may have assumed the market w…

Usually A Rough Week But An Important Model Turns Green

By: David Moenning

Good Monday morning and welcome back. Market historians know that this week - the week following June's quadruple witch options expiration event - tends to be negative. If memory serves, stocks have moved lower this week more than 85% of the time over the last 28 years. So, with China goi…

When Tudor Jones Talks...

By: David Moenning

Although his words did not move the markets the way other billionaire hedge fund managers such as David Tepper have in the past, legendary trader Paul Tudor Jones appeared to have some pretty positive things to say about the stock market on Tuesday. However, I think it is important to rec…

How To Play The Week's Big Events

By: David Moenning

With so many big events on the calendar this week (North Korean Summit, Sprint merger ruling, FOMC meeting, ECB meeting, BOJ meeting, as well as the ongoing trade negotiations and data on retail sales, industrial production, and inflation data) there is little doubt that the algos are pri…

Buckle Up, This Will Be Interesting

By: David Moenning

Good Monday morning and welcome back to the land of blinking screens. I hope you are buckled in as we've got a big week for the markets coming. So, before we review the state of the market models, let's take a look at what might shape the markets this week. The news flow actually …

A Re-Risking Phase?

By: David Moenning

Don't look now fans, but it appears that the mood of the market has changed. Gone is the fear of the next ultra-violent freak-out over this or that. Gone is the worry that the good economic times won't/can't last. And gone is the expectation that the next move lower will be "the one" that…

A New Era For Stock Market Valuations?

By: David Moenning

I've been saying for some time now that I believe the current corrective/consolidation phase will ultimately be resolved to the upside. Or put another way, I don't think we're seeing the beginning of the next big, bad bear market. This is not to say that the latter couldn't occur …

Goldilocks Remains In The House, But...

By: David Moenning

Good Monday morning and welcome back. Markets around the globe appear to be following Wall Street's lead in celebrating Friday's better-than expected Jobs report. A report that fit nicely in the Goldilocks category as far as the stock market is concerned. While the mood may prove …

Jobs Report Suggests Growth Story Intact

By: David Moenning

It's the first Friday of the month, which means it is time for the Big Kahuna of economic data - the jobs report. So, without further ado, let's get to the report and review the bevy of numbers. The headline everyone focuses on new job creation for the month. So, let's get right t…

The Big Reason Not To Be Negative Here

By: David Moenning

In my humble opinion, one of the keys to success in the investing business is the ability to remain both objective and flexible. Early in my career, I would occasionally "fall in love" with my positions, largely due to the fact that those positions had proved successful. In short, I didn'…