As if on cue to allow everyone to enjoy the last few weeks of summer, today’s labor report was mostly a snoozefest that came in very close to the official estimate with a gain of 187k jobs vs. 200k expected. While that’s technically considered a slight miss, it’s still a... read more →
Aug
04
Jul
27
Second quarter earnings season is in full swing, with this being the busiest week that has the largest number of S&P 500 companies due to report results. As usual, investors are laser focused on the latest updates of how corporate America is performing, particularly for mega-cap Tech stocks to try... read more →
Jul
19
The U.S. Dollar has fallen sharply since the CPI report continuing a downtrend that started at the end of last year. The Dollar has broken below the post COVID uptrend and has moved below key support at $101 (and the nice round number $100). Source: Stockcharts.com, as of 7/18/23 ... read more →
Jul
18
Last week brought us fresh evidence that inflation continues to cool rapidly. On Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) only increased by 0.18% in June, after increasing by just 0.12% in May. This means that over the last two months, CPI increased at... read more →
Jul
05
The VIX index, frequently referred to as “the Fear index”, is a widely followed measure of market volatility. It is derived from the prices of one-month call and put options on the S&P 500 index, providing us with a real time gauge of market participants’ expected volatility over the near... read more →