Insights, Delivered Daily.

Sauced. Markets took a beating yesterday as Apple lowered 4Q guidance and a key economic indicator failed to please. As reported here yesterday Apple issued guidance after Wednesday’s market close stating that they were cutting revenue estimates to $84 billion from $91.3 billion. The predominant...

One bad Apple! Stocks eked out small gains after opening deeply in the red yesterday. Traders awoke to lower stock futures as indexes slid in Asia over trade worries and the Dow was down over 300 points within minutes of the US open, reminding traders that while December is in the rear view mirror,...

Out with a bang! Perhaps “out with a tweet” is a better headline, as markets capped the worst year for equities since 2008 with a rally sparked by a Trump tweet suggesting great progress in negotiations with China. Though it was a nice way to end a turbulent year, it was not enough to erase the...

Still in a fog. Stocks could not find their way on Friday as they veered on and off the path throughout a volatile session. Stocks traversed the gain loss line throughout the day, ultimately giving up early gains and closing slightly in the red. Though it may be uncomfortable for some, the best...

Better late than never! Christmas showed up a day late for equities as they surged in record point gains. The Dow Jones Industrial Average rose over 1000 points (+5%) in yesterday’s session which was the largest point gain as well as the largest post-Christmas rally in history. From a percentage...

Got coal? Investors hoping for a last minute Santa Claus rally got a big fat lump of coal on Tuesday as stocks had their worst Christmas Eve… ever! Investors were still assessing the damage in the wake of the FOMC meeting last week, when Treasury Secretary Steven Mnuchin decided to let the world...