Stock Market, Economics, Equity Analysis
Jul27
I mentioned coming into this earnings season my worry was more about guidance in Q3 (and Q4 especially) rather than the current quarter where expectations had already been slashed quickly the previous 60 days. That said, Q2 results have been…
Jul26
The small caps are severely lagging today, only up 0.4%ish right now despite the big move in the large caps. Makes me think large institutional players got "scared into a trade" this AM on the Draghi comments and went into…
Jul26
The low of SPY on Friday was 136.32 The high today on SPY is 136.31 In a snap of the finger or better put…. in a breath by Mr. Draghi this week did not happen. And 95% of the trade…
Jul26
Thus far the action is almost identical to the Euro Summit Friday gap up on June 29th. That night (Thursday) the futures were down 0.4% until word of the meeting agreement leaked around 1 AM I believe, and things turned…
Jul26
Equity markets are looking for any sign of coming intervention and this morning some comments by ECB head Mario Draghi reversed U.S. futures from decent losses to modest gains, a turnaround of roughly 13 S&P points in fact. The U.S….