Category Archives: Dashboard

MONDAY:   After 2 consecutive gains on Friday on bad news, looks like oil is back and taking markets lower, but not by too much to start the new month.

TUESDAY:   A gain yesterday, actually made it 3 in a row, was even more impressive given the market’s comeback and against another oil slide. This morning doesn’t look as if it will build on strength, though.

WEDNESDAY:  Another large loss, once again following oil lower has us prepared for another lackluster day today. If a bounce is in store, at least it won’t need to be a big one to bring the week to a break-even point

THURSDAY:  The market made a nice late day recovery yesterday following oil higher. So what else is new. Today the futures are suggesting that there may still be some legs to the gain.

FRIDAY:. The flat early futures trading may mean nothing as the Employment Situation Report is released an hour before the morning bell is set to ring. It’s anyone’s guess how the news will be greeted, but indications are the bad news will be seen as being good.







MONDAY:   Oil down 3% to start the morning and guess what? Stocks are down too, but not as much as they have been lately when oil has tanked

TUESDAY:   The 10 Year Treasury below 2% again. Who would have imagined that? At least oil is flat this morning as are the futures, after yesterday’s large loss in pursuit of lower oil

WEDNESDAY:  Yesterday’s great gains are more or less holding in the pre-open futures session, as we await an FOMC Statement release today, that some expect will open door for more interest rate increases this year. But where is the data?

THURSDAY:  Shanghai down another 3% overnight, making it 25% for 2016. Yesterday’s plunge here was nothing more than an erasure of the previous day. This morning ha a small bounce in the futures, but it is a big day for earnings, although as I’ve said on any number of previous quarters, the economy is much more than Facebook

FRIDAY:. Could it possibly be? The futures are pointing decently higher after yesterday’s recovery and higher close, just like the last 2 days of the previous week. We’ll see.







MONDAY:   Markets are closed in honor of Dr. Martin Luther King, Jr. Day

TUESDAY:   Oil is sharply higher this morning and guess what? The stock futures are following the same strong move higher in continuing the puzzling theme

WEDNESDAY:  Yesterday’s wasted session pointed to what we might expect this morning and that is exactly what is happening. After losing a 200 point gain yesterday as oil reversed course, the market is set to open down another 250 points or more this morning as oil is again very weak

THURSDAY:  Despite a nearly 300 point recovery yesterday, the market still lost 250 points, but at least buyers appeared. Despite some losses in this morning’s futures, it isn’t a session predominated by selling for a change.

FRIDAY:. Oil and Shanghai much higher this morning and so the S&P 500 is doing the same, as it is going through a period when it has no mind of its own







MONDAY:   Shanghai down another 5% and oil tanking even further. Welcome to the second week of 2016 as earnings season starts and skepticism over last week’s Employment Situation Report reigns

TUESDAY:   Yesterday started with promise, but didn’t deliver with much. Today, the start may be the same today, but as yesterday, the strength is dissipating as the opening bells comes closer.

WEDNESDAY:  Yesterday’s give back of the initial strong gain at the opening was discouraging, but the nice come back in the final 2 hours of trading was encouraging. This morning’s futures shows a possibility of some continuation of the closing gain. Last week, late session buying had no follow through, at all, so there’s hope for something different today.

THURSDAY:  Not quite a washout yesterday, but the market is again officially in correction territory, down about 7.5% in just 8 trading days in 2016. Futures aren’t looking to make any of that back this morning.

FRIDAY:. A brief moment of optimism yestedray, looks like it will be erased today, as the futures are again plunging, amid the realization that yesterday’s climb was no where close to being enough.







MONDAY:   China, Saudi Arabia and Iran. 2016 wasn’t supposed to get off to this kind of a start

TUESDAY:   Asian markets moderated overnight, but US markets look as if they want to give back a big part of yesterday’s late session comeback. Strap on as 2016 continues.

WEDNESDAY:  News that North Korea has an H Bomb, coupled with decreasing iPhone orders added to record cash inflows into mutual funds give the market plenty of reasons to worry. I think the last of those three may be the worst of all.

THURSDAY:  Strap on again. China plummets overnight and taking Europe and US futures along the ride

FRIDAY:. There may be some rebound today, if the futures are any tell, but even a big rebound wouldn’t be enough to offset the first 4 days of the New Year