The U.S. Federal Reserve cleared the way for a relief rally in the stock market Wednesday with its Monetary Policy Statement release. Despite removing its cautionary language - namely the word "patient" - it added enough new cautionary discussion...
Most of the major U.S. stock indices hit all-time highs recently. The Dow reached 18,288.63, the S&P 2117.39 - both of them records. But there's one that didn't quite break its high from 15 years ago… the Nasdaq.This leads us to one of...
When a "dovish" Fed speaks, investors bid up equities. Although the Fed removed the word "patient" from its mantra in the latest round of Fed speak and with regard to the FOMC's decision to maintain the current interest...
The Bull Market turned six last week and what an incredible six years it has been. From the depths of despair in March 2009, the S&P 500 (SPY) has more than tripled in one of the greatest six year bull market runs in history. At an...
We've all had that perfect day - muted wind, mild temperatures, and a blue sky without a cloud in sight - yet couldn't help but feel that something was wrong. By the next morning, a storm raged outside and all vestiges of sunshine and...
It's a tense time in Florida. Matt Harvey is pitching.After "Tommy John" surgery, an elbow procedure named after its first successful patient, and a year of rehab, Harvey is back on the mound. Experts know the only way to know he'...
The Labor Department recently released February's jobs report. Jobs added to the economy drastically exceed estimates, while wage growth continued to lag. Despite the discouraging wage figures, every news outlet from The New York Times to The Wall...
In the last five days, the S&P 500 index (SPY) has corrected by 2.5% and there is certainly some panic in the markets related to a strong dollar and its impact on risky asset classes. This article discusses why the current market correction is...
Whenever you are inclined to doubt the excesses in the securities markets, you need only look as far as NCAA bonds. No, these bonds have nothing to do with college sports. In this case, NCAA stands for "No Coupon At All." These are high...
Never has there been a more artificial—-indeed, phony—–gain in the stock market than the 215% eruption orchestrated by the Fed since the post-crisis bottom six years ago today. And the operative word is “orchestrated&rdquo...
