Crude Tumbles Again; Bonds Rally as Stocks Fall

Despite gains from Alphabet (GOOGL) the market could not hold off sellers as crude oil sunk more than 5% on the session. Bonds rallied on the day with the 10 year yield move below 1.9%. Why this is occurring is anyone’s best guess, but we are not about to argue with...

Crude Falls, but late Day surge lifts Stocks

NASDAQ 100 led the market higher while the S&P 500 and Dow finished flat on the session as crude oil prices slumped. Small caps fared the worst with a decline of 30bps. FB continued its march into new high territory while AMZN struggled again. Our FANG stocks have...

FB Leads NASDAQ Higher

Disappointing durable goods orders could not keep the market down as rising crude prices and FB pushed the market higher. First, FB reaction to earnings certainly boosted the market as the company destroyed expectations. Crude helped futures gallop higher after a...

Fed Fails to Inspire; FB soars on Earnings

A volatile session as early morning losses were erased after the European close only to be spoiled by the FOMC statement. All eyes were on the Fed with the statement release at 2pm EST would set the tone for the day. Volume was above average on the session and given...

Light Volume ahead of FOMC Meeting

Stocks advanced ahead of tomorrow’s conclusion of the most recent FOMC 2 day meeting. While most pundits and traders are not expecting any interest rate cuts it will be the language in the 2nd paragraph most will scrutinized. We are still without a follow-through type...