Markets don't make a top and then slide, topping is a process. Typically markets make an initial top, back off, try to surpass it, and can't do it. |
Markets tend to temporarily wobble, and then return to their prior behavior. So don't panic or make any decisions based on your knee-jerk emotions. |
Maybe the reason the VIX has dropped so low is that the options guys in Chicago are so exhausted from watching the Cubs, |
Maybe the reason the VIX has dropped so low is that the options guys in Chicago are so exhausted from watching the Cubs. |
Need I detail how silly this is? Home prices are up dramatically, and recently we see that mortgage rates have ticked up significantly. |
Once we get past the election, the odds favor a year-end rally. There are no guarantees but that is the traditional pattern, |
Overall, you're going to see a pretty strong opening. A lot of semi numbers were pretty good last night. |
People read too much into rallies. All you're doing is alleviating some of the agony that investors have been through the past three years, |
Regardless of whether this upcoming release shows inflation today, given the supply shock to oil, we're expected to see inflation move higher in the next few months. It would certainly put a fork in the concept that the Fed has the opportunity to pause. |
Stock valuations have been stretched, everyone knows a rate hike is coming and great earnings are already baked into the stock market, so you're seeing this churning, and unfortunately, I would expect it to continue for the next few weeks. |
Tech stocks are probably a little pricey. But they're not stupid pricey. |
The big issue is decelerating earnings growth. Earnings will still be higher but the ideal time to buy stocks is when earnings go from awful to not so bad as opposed to going from great to good, |
The big issue is decelerating earnings growth. Earnings will still be higher but the ideal time to buy stocks is when earnings go from awful to not so bad as opposed to going from great to good. |
The bond market is far less sanguine about the economy than the Fed is. They are essentially saying we don't see that much strength. |
The budget deficit is going to have to go up over the next three to seven years. |