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September Taper Poll Results: Round 2 26 Aug 2013 | 07:23 pm
Two Fridays ago, following a much better than expected initial jobless claims number, the 10-Year Treasury yield spiked and stocks fell sharply on worries that a September taper was inevitable. That ...
S&P 500 Back Above 50-Day Moving Average 26 Aug 2013 | 06:07 pm
Based on the traffic on the roads this morning in the NYC area and the traffic we're seeing on Twitter and various websites, it looks to be a SLOW trading week. That being said, the S&P 500 starts th...
Back to Bullish 26 Aug 2013 | 04:54 pm
Last week we saw the most bearish reading in the Bespoke Market Poll's history going back to the start of 2012. This week investors flipped back to bullish. As shown below, 51% of poll participants ...
S&P 500 Higher or Lower from Here? 24 Aug 2013 | 01:54 am
The S&P 500 finished the week up about a half of a percentage point, and the index managed to close back above its 50-day moving average as well. So which way do we go from here? Please take part in...
Fed Taper Poll: Yes or No on 9/18? 24 Aug 2013 | 12:22 am
Last week we ran our first Fed "taper" poll, asking whether investors thought the Fed would or wouldn't begin to taper its quantitative easing policy at the September 18th meeting. Another week has p...
Is Ben Bernanke Monitoring This Chart? 23 Aug 2013 | 11:26 pm
One of the more widespread agreements on Wall Street these days is that the employment situation in the US is improving and will continue to do so going forward. Jobless claims are in a steady declin...
Bad Week for Earnings 23 Aug 2013 | 09:53 pm
While the unofficial end of earnings season came last week when Wal-Mart (WMT) reported, there were still 92 companies that reported this week. And the results were not very pretty. There were certa...
Running of the Bulls...For Cover 22 Aug 2013 | 06:59 pm
We saw the first signs of bulls running for cover earlier this week when the results from our weekly market poll showed bullish sentiment dropping to its lowest levels since we began running our surve...
Jobless Claims Rise Modestly 22 Aug 2013 | 05:53 pm
Today's report of weekly jobless claims was slightly higher than expected (336K vs 330K), but given the fact that we were coming off the lowest levels of the current recovery, this week's increase is ...
Sovereign 10-Year Yields 22 Aug 2013 | 12:18 am
The charts below show the yields on 10-year sovereign debt of the US and other major international markets over the last two years. As you can see in the charts and the adjoining table, rates have no...