State of the Markets
A Game Changer?
There can be little argument that the focal point of the markets recently has been what I call "Fed expectations." In other words, the expectations for when Janet Yellen's bunch of central bankers will pull the trigger on the next rate hike -- and the one after that.
The discussio…
Global Economy Not Crumbling From BREXIT Just Yet
With just a couple more days left in Wall Street's vacation season and the Big Kahuna of economic reports on tap for tomorrow, it would be easy to dismiss today's early news. However, there are several items worthy of note on this first day of September that could help shape traders' thin…
The Next Bubble Is In...
I've been accused by some of my less than bullish buddies of being a bit too optimistic in my writing of late. To be honest, I guess I am guilty as charged on this score.
What I have been attempting to do lately is to change the narrative from the usual prognostications about what…
The Cycles Say It Is Time For A...
When thinking about the short-term outlook for stocks, I believe we can all agree that "Fed expectations" and the state of the U.S. dollar are the driving forces at this time. I also think it is a safe bet that Janet Yellen's merry band of central bankers is doing all that they can to hel…
The Action is Getting Sloppy...
Good morning and welcome back. The Fed is clearly the focus right now. But since it's Monday, let's get right to our weekly review of the state of the market and our major market indicators/models.
As usual, the first stop is a review of the price/trend of the market. Here's my cu…
Another Voice Heard From, Is The Market Listening?
With the Fed's symposium in Jackson Hole kicking off today, the focal point of the markets remains on monetary policy on this very quiet late-summer morning. Today another Fed Governor has joined the rate hike camp as Kansas City Fed President Esther George told CNBC that it is now time t…
Traders Watching Oil, Copper and the Fed
Good morning and Happy Wednesday. I've gotta hop to an early meeting so I'll keep this brief. Traders are watching oil and commodities in the early going today as well as sifting through the commentary on what to expect from Janet Yellen's speech in Jackson Hole, which is scheduled for Fr…
Yellen's Task Is To...
By: David Moenning
With summer vacation season winding down and the Fed's symposium getting underway in Jackson Hole, it is safe to say that those traders at their desks this week are waiting to hear what Janet Yellen has to say on Friday before making any major commitments here.
To review, Ms. Yell…
Stocks Have Stalled and Cycles Point Down, But...
Good morning and welcome back. Since it's Monday, let's get right to our weekly review of the state of the market and our major market indicators/models.
As usual, the first stop is a review of the price/trend of the market. Here's my current take on the state of the technical pic…
Trying to Put Things In Perspective
Earlier in the week, I wrote about the importance of identifying one's time frame when trying to win in Ms. Market's game. As I opined, trying to use a long-term approach to succeed from a short-term perspective can cause a great deal of both emotional and financial pain. As such, it is c…