No Day at the Beach

U.S. crude futures fell as refinery shutdowns could reduce demand for American crude. “Refining is where it is at because that is where you have pricing power, this just underscores the significance of that pricing power,” said Peter Kenny, senior market strategist at...

All Eyes and Ears on Jackson Hole Friday

  In the cases of earnings and economic data, there remain reasons to be constructive on the market once our called-for modest reset finds a tradable bottom. Q2 results from S&P 500 reporting companies have been solid with 65% beating consensus expectations....

The Tech Swoon – A Long Time Coming

Wall Street fell sharply on Thursday with the S&P 500 and Dow industrials on track for their worst daily drops in six weeks as investors continued a recent move out of technology shares. The technology sector. SPLRCT, which has led the S&P 500’s...

US economy to Federal Reserve: Take it easy

Yahoo Finance June 5, 2017 The release of the May Employment Report was disappointing for those expecting our robust employment narrative to remain intact, leading investors to question the predictability for the timeline of further Fed tightening in coming quarters....

Reality Check for Investors

Virtually all the enthusiasm that greeted President Trump’s victory in Q4 has been exhausted. The euphoria that defined our equity market performance into year end has run head on into a brick wall. We are in the midst of a reality check that is being fueled by...