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Tech wreck! Yesterday was a tough day for equities with the major indices suffering some of their greatest losses since earlier this year as the S&P500 lost 3.3%, the Dow Jones Industrial Average fell 3.1%, the Russell 2000 slipped by 2.86%, and finally the NASDAQ 100 slipped by 4.44% led by the...

Step forward, step back, repeat. Markets bounced about yesterday in a volatile session that ended in a mixed close for equities. The start of the session saw long maturity treasury yields continue to slide with equities opening soft. The situation quickly reversed itself as the treasuries...

Jitters. Markets had a volatile session yesterday as last week’s drivers persisted. The Chinese central banks cutting rates this weekend, rising Italian bond yields, and last week’s surge in interest rates caused the markets to spend much of the session in the red yesterday and a late session rally...

Push pause. Equity markets ended last week in the red capping off a difficult week for the bulls. Stocks were still reeling from the rapid decline in Treasuries when Friday’s employment situation number came out and caused further selling. Newly created jobs missed expectations, the unemployment...

Reality check! Equities traded off sharply yesterday in response to rising yields and renewed trade fears. Reports of Chinese manufacturing companies embedding chips capable of spying on US companies into their products caused many to fear that a trade war with China could only get worse, if not...

Rate fate! Equities muscled ahead yesterday with the Dow making new highs once again. Continued good feelings from last weekend's trade progress with the USMCA (US Mexico Canada Agreement), an upbeat jobs number, and dovish Fed-speak are credited with the equity buying. All of the major indices...

Fly me to the moon. The Dow Jones Industrials ignored the risk alarms coming from Italy and rocketed to close at a new all time high. The index was propelled by continued good feelings from the new USMCA deal (NAFTA 2.0) and rises in Intel, Caterpillar, and Boeing (all of which are trade sensitive...