Analysis

Average Annualized Return Per Closed Trade: 19.8% Average Return Per Closed Trade: 16.2% Average Holding Period: 304 days This morning the Bureau of Labor Statistics (BLS) released its monthly jobs report, for September. The U.S. economy added 156,000 non-farm jobs last month, missing… Read More

Average Annualized Return Per Closed Trade: 19.8% Average Return Per Closed Trade: 16.2% Average Holding Period: 304 days This week, OPEC may have done something they hadn’t achieved in eight years: in Algiers, the cartel members provisionally agreed to a small production cut, to a… Read More

Average Annualized Return Per Closed Trade: 19.8% Average Return Per Closed Trade: 16.2% Average Holding Period: 304 days Heading into the latest Federal Open Market Committee (FOMC) meeting, in light of conflicting public messages conveyed by Fed officials, there was a lot of confusion… Read More

Today the S&P 500 had its worst day since the first trading day after the Brexit referendum. The President of the Federal Reserve Bank of Boston Eric Rosengren warned that waiting too long to raise rates could cause the U.S. economy to overheat and risk financial stability. As someone who… Read More

Average Annualized Return Per Closed Trade: 19.8% Average Return Per Closed Trade: 16.2% Average Holding Period: 304 days Last week Fed Vice Chair Stanley Fischer’s hawkish commentary, in which he stated that Fed Chair Janet Yellen’s keynote speech at Jackson Hole was consistent with… Read More

Average Annualized Return Per Closed Trade: 19.8% Average Return Per Closed Trade: 16.2% Average Holding Period: 304 days There was some excitement in the stock market today in reaction to the keynote speech by Fed Chair Janet Yellen and the speech followed by Vice… Read More

Average Annualized Return Per Closed Trade: 19.4% Average Return Per Closed Trade: 16.2% Average Holding Period: 309 days Earlier this week, the Fed released the minutes of its July Federal Open Market Committee (FOMC) policy-setting meeting. The details of the meeting revealed the division… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days For the second month in a row, the U.S. Bureau of Labor Statistics (BLS) reported surprisingly strong employment data. Total nonfarm payroll employment increased by 255,000… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days This week, the Fed held its fifth (of eight) policy-setting meeting of the year. Heading into the meeting, essentially all observers expected no rate hike, so… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days Shares of United Rentals (URI) rallied more than 11 percent this week after the company reported better-than-expected earnings. United reported second-quarters earnings of $2.06 per share (adjusted for non-recurring… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days The S&P 500, the widely followed market index, broke last May’s record closing-high on Monday, and has since set new highs with each day this week before finishing slightly… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days The Bureau of Labor Statistics reported today that the U.S. economy gained 287,000 non-farm jobs in June, well above consensus expectations of 180,000. The strong showing is a welcomed… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days As we cautioned last week, investors shouldn’t read too much into the initial reaction to the Brexit vote. Indeed, after the S&P 500 lost 5.3 percent in the first… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days Although the pre-referendum polls had suggested a close race, market action suggested that investors and traders were confident that the majority of U.K. voters would choose to remain in… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days According to Bloomberg’s analysis of polls, the probability of Brexit—the U.K. giving up its European Union membership—currently stands at 42 percent. The probability has crept up significantly over time… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days The U.S. Federal Reserve will hold its next policy-setting Federal Open Market Committee meeting next week. After last week’s dreadful May employment report, Janet Yellen and her lieutenants would… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days With the Fed’s next policy-setting Federal Open Market Committee (FOMC) meeting just around the corner, expectations had built that Janet Yellen and company would likely raise the benchmark federal… Read More

Average Annualized Return Per Closed Trade: 22.4% Average Return Per Closed Trade: 17.9% Average Holding Period: 297 days In a speech given at Harvard University, Janet Yellen reaffirmed that hiking rates “in the coming months” would probably be appropriate. However, she did not commit to a date. Read More