Market Look

Mushy day yesterday. More narrowing of market but so far, just a pullback overall. Of course, we still have to watch the recent cliff dive in financials as well as long term yields…which continues this morning as the 10 year at 2.402 as we write this. More central banks turning even more dovish as economic…

Mushy day yesterday but no more real damage after Friday. Yesterday, we told you the usual that we tell you at the end of every quarter: “This week is end-of-quarter, window dressing week. Of course, window dressing is illegal so does not happen. It usually has a positive bias but right now, lots going on.”…

-If we were only watching the bond market, we would think we were already in recession. If we were only watching the stock market, we would think the economy is accelerating. In simplest terms, we are getting quite the conflicting signals.- -As we write this, amazingly, the 10 year is now yielding 2.473 as it…

A little reversal yesterday but not a biggie but a few things noteworthy. TRANSPORTS still aint happening and now a name like UNP rolls over. FDX hit hard this morning not going to help. FINANCIALS were edging out of range but by the close, tucked their head in like a frightened turtle. Notice how AAPL…