Everything you need to know about the markets. Sowell’s Chief Investment Officer, Dave Moenning, pens an award winning market missive, the ” Daily State of the Markets.” The daily report analyzes the drivers of the market and why the market is doing what it is doing. Dave has been writing his “market missive” since the late 1990’s. Reports are published periodically during the week to help you stay current on what’s happening in the market.
It appears that stocks are following the traditional holiday pattern here as the market tends to take a little break a few days before Christmas only to continue the year-end rally the following week.read more
With the Trump Trade having run a long way in a short period of time, it would not be surprising to see stocks take a break here. But the indicators tell us to…read more
The U.S. Dollar, Fed policy, options expiration, and Russia are the focal points on this third Friday in December, which happens to be a so-called “quad witch” options expiration event. So…read more
As expected, the Fed hiked the Fed Funds rate, the Discount rate, and the rate paid on funds on deposit – all by 25 basis points. In response, the markets had to make some adjustments. So…read more
Don’t look now fans, but good economic news appears to be a good thing again. After years of enduring the concept that bad news was good news, the game appears to suddenly make sense again…read more