Reports on the imminent demise of the eight-year equity bull market have been greatly exaggerated, at least according to a century-old indicator.
On Monday morning, we reported that in a stunning development, chronic defaulter Argentina - which just one year ago emerged from its latest bankruptcy - has found enough willing greater fools to sell 100-year bonds to. One person who especially stun
Oil dropped to the lowest in seven months, with both Brent and WTI sliding to prices not seen since November, following a burst of volume just after 6am, amid a revival in output from Libya and rising volumes of fuel held in floating storage, althoug
The entire global economy now depends on this stripped-of-information "market" for its stability. Ho-hum, another day, another record high in the S&P 500 (SPX). What is this market telling us? If you're long, the market is screaming "you're a geni
Why not...The Dow is up 1.5% since the Thursday close before the FANG Crash (with both S&P and Dow at new record highs this morning), but Nasdaq contonues to lag...
U.S. stocks traded higher on Monday as technology stocks recovered from a wobbly performance last week.
In Tuesday's post, "A Shot Across The Bow," I discussed the recent "Tech Wreck" and the warning sign that was delivered when trading algorithms begin to run in the same direction.