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Shake, rattle, and roll… and bounce. I am not sure that Bill Haley and the Comets would approve of the lyric appropriation but the equity market bulls were certainly dancing to the beat as all of the major indexes soared in yesterday’s session. The oversold conditions combined with a strong JOLTS...

Not so fast. Stocks were unable to sustain Friday’s bounce with 3 of the major indices closing lower in yesterday’s session. The S&P500 attempted to hold on to gains but was unable to and ultimately closed down on the session. The index closed below its 200 day simple moving average after having...

Ricochet markets. Equity markets stabilized and put in a solid session of gains on Friday after 2 difficult sessions mid week. Though the gains were welcomed, equity indices were still down on the week. Friday's bounce was led initially by some positive earnings from big banks prior to the opening...

The heat is on! It was another tough day for… everything except gold and bonds. And that sentence should paint the big picture of fear selling. Gold has always historically been the ultimate safe haven when risk assets are under siege. More recently, gold has lost its luster as a safety trade with...

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...