Tantrums
January 27, 2022 Good morning, It looks like yesterday morning’s rally was just a pre-Fed meeting drift and not a stronger, lasting shift away from correction mode for the markets. The tantrum continues I suppose. I haven’t used that word to describe this month’s market decline but I do think that’s what we seeing. Tantrum […]
Pre-Fed Drift or Shift
January 26, 2022 Good morning, Happy Fed Day and thank goodness it’s here, at least from the view of overnight sentiment. Futures are up for a change this morning, +1.75% with Nasdaq futures up +2.5%. I think we know only too well that where markets are early in the morning ET, has little bearing on […]
Leans Toward Favorable
January 25, 2022 Good morning, Talk about elevated volatility. The major indexes dropped over 4% (no typo, four whole percent) yesterday morning before turning around, recouping all the losses on the day, and finishing just slightly above where they ended on Friday. In the case of the S&P 500, it finished the wild day up […]