After dealing with initial shocks and portfolio adjustments last week, we’re seeing market gains across various indexes. The Dow surged to record-breaking gains, the highest weekly marks since 2011. Looking to the attractive prospects of rising rates, J.P Morgan Chase and Goldman Sachs Group were at the forefront of this surge. DIJA is currently trading […]

Donald Trump’s presidential victory highlights a repeatedly overlooked social phenomenon occurring across Europe, in the UK, and the US. Much like the Brexit event, polls were wildly off and most analysts failed to accurately capture a frustrated working-class expressing anger toward their respective political and business establishment. Fortunately for markets, investors are less reactionary and […]

Political news has held sway over markets recently, and today’s developments are no exception. The FBI, after announcing a re-opening last week, has abruptly dropped the investigation surrounding Hillary Clinton’s email controversy. Clinton, the stability candidate, is now more likely to see a win and this is dampening volatility concerns. Across the board, we can […]

Election uncertainty rules the day, as stocks see another round of declines. The S&P 500 is currently at 2102.69, a slight dip of 0.43% from Tuesday’s close. New poll numbers are starting to upset the widely held belief that Hillary Clinton would easily emerge victorious on election day. An ABC/Washington Post poll is now showing […]

Stocks opened lower and remain in the red through midday Thursday. The S&P 500 is down 5.28 points to 2154.45 and three points from session lows. Treasury bonds are also seeing weakness after the latest jobless claims printed at 249,000 for last week and 9,000 less than expected. The yield on the benchmark ten-year rose […]

Stocks opened modestly higher, but have erased the early gains and are lower into midday Tuesday. After shedding 7 points Monday, the S&P 500 is down 5 points to 2156.20 and nearly 10 points from session highs. With no economic data to guide trading, Treasury bonds are little changed in wait-and-see action ahead of jobs […]

Stocks opened modestly lower and remain in the red midday Thursday. The S&P 500 is down 6.76 points to 2164.61 and one point from session lows. Treasury bonds are also under water after a third estimate for second quarter GDP printed at 1.4% and above prior estimates of 1.1%. Jobless Claims were also better than […]

Stocks opened modestly lower, but quickly erased morning losses and are bit higher into midday Tuesday. The S&P 500 is up 5.25 points to 2151.35 and 10 points from session lows. Treasury bonds are seeing modest gains despite a surprisingly strong reading on Consumer Confidence, which printed at 104.1 for September and well above consensus […]

Stocks are broadly higher as a relief rally continues for a second day after the Federal Reserve announced no changes to interest rates Wednesday. The S&P 500 added 23.36 points to 2163.12 in the wake of the announcement yesterday and is up another 11.23 points to 2174.35 points midday Thursday. Treasury bonds are enjoying another […]

Stocks opened modestly higher amid wait-and-see action midday Tuesday ahead of Federal Reserve policy announcement Wednesday afternoon. The S&P 500 is up 6.67 points to 2145.79 and 5 points from session highs. Treasury bonds are higher after the only economic stat of the day showed Housing Starts at a seasonally-adjusted rate of 1.142 million and […]