Market Overview

Last Thursday, we wrote, "After today's PPI, we won't be surprised if Fed officials plant a story in The Wall Street Journal over the weekend titled something like "Fed Officials Might Vote To Pause...

All three pillars propping up workforce spending are cracking. Plan accordingly. Karl Marx and Henry Ford both understood the key pillar of an industrial economy: the workforce has to earn enough to...

S&P Emini market analysis Emini daily chart The Emini is forming a tight trading range on the daily chart that has gone on for six trading days. This is a breakout mode pattern on the daily...

Markets are pricing in a less than 20% chance of a BoJ rate hike this Thursday, despite earlier expectations of a 70% probability. JPY weakness has resumed as rate hike expectations have fallen,...

The oil price rally has been slowed by slowing Chinese economic data even as the market is seeing record global demand and the growing risk of new sanctions on Russia and Iran and a force majeure on...

Look up in the sky. It's a bird. It's a plane. It's Superman! Nope, it's lots of drones flying over New Jersey, New York, and Maryland typically between 6 p.m. and 11 p.m. They are reportedly the...

After 75 basis points have been shaved off US interest rates, we now find ourselves anticipating the next rate cut. In other news, China will also begin to reduce its policy rate as part of its...

Dollar slightly softer as Fed decision looms with focus on dot plot. Euro and pound firmer on stronger services PMIs. Bitcoin soars on bets of bitcoin strategic reserve. Dollar and Yields Ease From...

First Comes The Fed, Then Santa Last week, we discussed that the risk to the markets was the annual portfolio rebalancing process. To wit: “With the year-end approaching, portfolio managers need to...

INTERVIEW In a fascinating and wide-ranging interview, Russell Napier tells The Market, “In order to do well in the big structural change that I see coming, you have to be radical in your portfolio....

Taylor Swift’s “The Eras Tour” ended yesterday in Vancouver. The extraordinary singer started this sixth concert tour in Glendale, Arizona on March 17, 2023. The tour consisted of 149 shows spanning...

USD/JPY hits fresh highs as US yields spike Yen weakness push Nikkei 225 futures towards key resistance Fed and BoJ rate decisions on Wednesday and Thursday respectively Bullish setups emerge for...

From my last Daily:  “But, unless the market continues to broaden, we can almost take the Mag 7 stocks outperforming as a lack of confidence. Unless small caps can deliver.” As we ended this week,...

Markets had a volatile week, with US 100 (Nasdaq 100) reaching new highs and a strong likelihood of a Fed rate cut next week. Major central bank meetings dominate the week ahead. The BoJ faces a...