On the Horizon

Despite the collective horror that the UK terror attack has rightly provoked, these events have not shown to have an impact on the markets. However, with speculation in regards to the near term interest rate narrative behind us for the next couple months and with Q4...

Marching Markets

Better than expected Q4 corporate results, positive economic results, healthy signs of inflation, range bound 10-year yields and a promise by President Trump to deliver a long sought after business tax code reform continue to give investors confidence and markets a...

Does the rally Still Have Legs?

After a modest reset, that I called for in last Monday’s note, we did see a meaningful reversal on Friday as equities posted their largest advance of the week. Net/net, US equity prices, on balance, were largely unchanged on a week-over-week basis. So where is...

One Direction Higher?

Stock market performance in the 6 weeks following President Trump’s victory is the best among all elections since 1900. Equity traders and investors appear to have locked into a trade that has but one direction - higher. On Friday, the NASDAQ closed at 5660.78...