Category Archives: Market Commentary

Snapping A 6-Day Win Streak

[Chart courtesy of MarketWatch.com] Moving the markets There was nothing exciting about today’s session other than a brief mid-day climb above the unchanged line, after which the major indexes hit the skids with the Dow and S&P snapping a 6-day … Continue reading

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Equities Pump And US Dollar Dumps

[Chart courtesy of MarketWatch.com] Moving the markets The equity bounce continued for the fifth day in a row, as the major indexes started the session in the positive, then dropped below the unchanged line and subsequently surged in a V-shape … Continue reading

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Market Madness: CPI Surges, Dollar Collapses, Bond Yields Up But Stocks Rally

[Chart courtesy of MarketWatch.com] Moving the markets Sometimes you just have to laugh when you see the type of chaos in the markets that we saw today. The widely anticipated Consumer Price Index (CPI) reading came in much “hotter” than … Continue reading

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Fed Head Saves The Day

[Chart courtesy of MarketWatch.com] Moving the markets The major indexes slipped right after the opening bell and remained below their respective unchanged lines for most of the day but ended up crawling into the green to close with modest gains. … Continue reading

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Bargain Hunting

[Chart courtesy of MarketWatch.com] Moving the markets Volatility continued today although not much was visible during the regular session. ZH remarked: Having been up almost 400 points from its Friday cash close, Dow futures plunged back into the red, amid … Continue reading

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Market Dominators: Volatility And Rising Bond Yields; Dow Enters Correction; TTIs Barely Remain In Bullish Territory

[Chart courtesy of MarketWatch.com] Moving the markets As I mentioned yesterday, volatility (VIX above 35) and rising bond yields, which spiked during a weak auction and spooked equities, combined to give the bears the upper hand as the major indexes … Continue reading

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