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I was thinking about the market and what is potentially behind this stupid rally, and at heart, this seems like nothing more than an oversold bounce, given a lot of bond market dislocation last week....
US index futures were up between 1.5% to 2.0% by mid-morning in the London session, tracking a sharp rally in European markets and extending gains from the day before. While there might be more juice...
The Organization of Petroleum Exporting Countries (OPEC) and its partners from the Declaration of Cooperation (known as OPEC+) are scheduled to meet on Wednesday, Oct. 5. According to OPEC delegates,...
UK government to keep top tax rate but credibility badly damaged Eurozone inflation at 10% galvanizes ECB policymakers US investors see light at the end of the tunnel The British government has...
Gold back at $1,700, first time since Sept. 14 after near 2% gain over five days Monday’s rally in gold fired by poor US factory activity Gold bulls hope US data gets worse throwing Fed off...
Stocks managed to rally yesterday by 2.6% on the S&P 500. It mainly looked to me like short-covering once again. We seem to see these types of moves pretty often, and maybe it turns into...
Stepping into the spooky month (from a historical market perspective, of course) of October, we need to take administrative notice of the fact that the S&P 500 has fallen more than 8% in three of...
Nasdaq 100 futures underperformed futures on the Dow, S&P and Russell 2000 and were the only index to trade in the red.Sharply rising Treasury yields have been a critical driver of this year's...