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Category Thursday

11-NOVEMBER 16-2023

Good morning.  Today marks the expiration of monthly options for the volatility index, or VIX.  And Friday is the monthly options expiration day.  That means today and tomorrow could see some unusual market moves.  Given the recent rally, those moves…

11-NOVEMBER 09-2023

Good morning.  The potential for a big market move didn’t pan out.  Yesterday marked a speech by Federal Reserve Chairman Jerome Powell.  But it didn’t focus on the central bank’s current policy or outlook, instead focusing on the bank’s history…

11-NOVEMBER 02-2023

Good morning.  Automaker Ford Motors (F) put the brakes on a second EV battery plant in the past few days.  And the world’s largest wind-farm developer is pulling the proverbial plug on two projects in the United States. That suggests…

10-OCTOBER 26-2023

Good morning.  Stocks tend to have their worst performance in September and October.  On average, November tends to fare much better.  This seasonality is well known, and one we’ve looked at in recent weeks amid this latest market selloff. Another…

10-OCTOBER 19-2023

Good morning.  Tuesday’s retail sales data indicated that the U.S. consumer is alive and well.  That caused markets to initially fall, because good economic news means interest rates are likely to stay higher for longer.  Of course, any piece of…

10-OCTOBER 12-2023

Good morning.  The International Monetary Fund expects that inflation won’t be fully out of the economy through 2025.  While that may add some fuel to the “higher for longer” crowd in terms of interest rates, the signs of a recession…

10-OCTOBER 05-2023

Good morning.  Tuesday’s market selloff occurred following the JOLTS report.  Short for Job Openings and Labor Turnover Survey, it gives an idea of the health of the labor market.  A jump in job openings for August indicated that the labor…