Events
Don’s Notebook April 11, 2018

Don’s Notebook April 11, 2018

Stocks were lower on the opening this morning. Observers attributed the weakness to the military situation in Syria. Gold, Treasuries and Yen rose on the news. Russia’s ruble extended its three-day slump in trading this morning as foreign investors cut their holdings...

Don’s Notebook April 10, 2018

Don’s Notebook April 10, 2018

Will the first impact of March's steel and aluminum tariffs appear in today's producer price report? Wall Street consensus calls for only a marginal 0.1 percent gain. Stay tuned… Small business optimism cooled more substantially than expected in March after...

Don’s Notebook April 6, 2018

Don’s Notebook April 6, 2018

Strong payroll growth without wage pressure could be a solid combination for the stock market. But payroll growth with wage pressure might not be. March payroll growth of 103,000 is below expectations but wage indications from average hourly earnings do show a little...

How the bulls are chasing Fox: Options activity

How the bulls are chasing Fox: Options activity

If you've ever wondered about bulls chasing a Fox, look no further than the activity yesterday's options market. And no, we're not talking about a rerun of Downton Abbey. We're talking about the big spike of options activity in media conglomerate Twenty-First Century...

How Friday the 13th could be lucky this year

How Friday the 13th could be lucky this year

Will Friday the 13th be lucky this year? Here are some reasons it might. That's when earnings season really gets going, led by major financials like Citigroup (C), JPMorgan Chase (JPM) and Wells Fargo (WFC). And, unless you've been ignoring all the news, you probably...

Don’s Notebook March 27, 2018

Don’s Notebook March 27, 2018

Case-Shiller data are likely to highlight the strength of home appreciation, which is a less publicized factor behind what have been robust levels of consumer confidence. The S&P Corelogic Case-Shiller home price index tracks monthly changes in the value of...

Don’s Notebook March 15, 2018

Don’s Notebook March 15, 2018

This morning’s jobless claims report points to strength in the labor market with initial claims down 4,000 in the March 10 week to 226,000. The 4-week average, at 221,500, is down for the seventh time in the last nine weeks and is nearly 7,000 lower than it was a...

Don’s Notebook February 16, 2018

Don’s Notebook February 16, 2018

The strengthening recovery across U.S. equities — the S&P 500 Index capped its best five-day run since 2011 yesterday — continues to set the tone for global benchmarks.

Don’s Notebook February 13, 2018

Don’s Notebook February 13, 2018

So far this morning, U.S. stocks are holding onto yesterday’s momentum, where the S&P 500 Index spent the entire session positive for the first time since its last all-time closing high on Jan. 26. Small business owners regained their high optimism in January...

Don’s Notebook February 9, 2018

Don’s Notebook February 9, 2018

Thursday was another bad day in the market. Analysts say this moves the major indexes into a “correction.” News reports state that investors have pulled out 24 billion from stock funds in the last week. However in the pre- market it looked like Futures prices pointed...