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Market Briefing For Wednesday, June 17
Article By:
Gene Inger
Wednesday, June 17, 2020 2:43 AM EDT
The repeated and projected rallies off the 200-Day Moving Average, would not have been blessed with success if not for favorable news on the COVID-19 front as well as a continually friendly Fed.
Market Briefing For Tuesday, June 9
Article By:
Gene Inger
Tuesday, June 9, 2020 2:02 AM EDT
The 'Fed crutch' - might be a less patronizing way for Wall Street to describe a few months of incredible ease and funding, that helped a beleaguered stock market recover.
Market Briefing For Tuesday, Feb. 19
Article By:
Gene Inger
Monday, February 18, 2019 2:30 AM EDT
Now if we recover 'too quickly', then the Fed has 'legitimate' rationale to be tougher; otherwise slower progress tends to be more favorable for the market, with less upward pressure on rates.
Market Briefing For Monday, Feb. 4
Article By:
Gene Inger
Sunday, February 3, 2019 7:30 PM EDT
While we can get a smidgen higher over the near-term, we're now generally open-minded to a 'pause to refresh' within a few weeks; after which we may well be looking for a rebound higher yet into Spring.