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interest-rate: Archive

Mark Vickery

Economic Data Supports Fed Positivity

We appear to be on the other side of the mountain, and market participants are rejoicing.

QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Mark Vickery

Fed Keeps Rates Steady, Infers 3 Rate Cuts in 2024

In just 10 minutes following the release of the FOMC statement this afternoon, major indices all leapt higher.

ADBEPositive Net Change QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Mark Vickery

PPI Flat Month Over Month, +2.0% Year Over Year

Year over year PPI has come down precipitously, from +9.6% in April of 2022 and +5.7% in January of this year.

QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Mark Vickery

What's the Fed Going to Say About All This Bullishness?

Fed Chair Powell might make quick work of the notion of early 2024 rate cuts in a mere phrase or two.

BANegative Net Change JPMNegative Net Change VNegative Net Change IBMNegative Net Change XOMNegative Net Change ORCLNegative Net Change ADBEPositive Net Change

Mark Vickery

November CPI Roughly In-Line, Pre-Markets Cool

The "Inflation Rate" was directly in-line with estimates for November: 3.1%, down 10 bps month over month, and the one shining beacon of evidence for the narrative that inflation is coming down.

QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Bryan Hayes

Market Rally Grows Legs as Breadth Improves: Stocks to Watch

The rebound points to a higher probability that the major indexes will ultimately eclipse their all-time highs sooner rather than later.

TOLNegative Net Change LENNegative Net Change

Andrew Rocco

5 Reasons to be Bullish into 2024

Stock Strategist Andrew Rocco unveils 5 bullish undercurrents that will push stocks even higher into the new year.

NVONegative Net Change NVDANegative Net Change QQQPositive Net Change IWMNegative Net Change KRENegative Net Change CRSPPositive Net Change METAPositive Net Change

Mark Vickery

Markets Trade Up Ahead of CPI, Fed Meeting

CPI numbers tomorrow are not expected to spike hotter; even if they do, one set of data points would almost assuredly not be enough for the Fed to consider making a move.

MPositive Net Change ORCLNegative Net Change CASYNegative Net Change

Mark Vickery

BLS Shows 199K New Jobs; Unemployment Down to 3.7%

This 199K figure is roughly in the median of the past several months, which had been roughly double during the Great Reopening period.

ADPNegative Net Change QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Mark Vickery

ADP 103K, Productivity +5.2%: Goldilocks-Adjacent

At roughly 100K private-sector job gains per month, we're still on track for a soft landing in the overall economy.

ADPNegative Net Change QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Bryan Hayes

Stocks Waver to Begin December: Here's What to Expect

Periods of low volatility are inevitably followed by periods of high volatility.

RCLNegative Net Change SPOTPositive Net Change COINNegative Net Change

Mark Vickery

Friday Pre-Market Quiets, Indices Slightly Lower

The past month of trading has been extraordinary, with the S&P +7.4%, both the Dow and Russell +7.9% and the Nasdaq +8.1%.

CRMNegative Net Change QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Mark Vickery

Big Inflation Data Morning: PCE, Income & Spending, Jobless Claims

PCE is behaving as well as can be expected, spending and income remain reasonably OK, but longer-term joblessness appears to be a developing economic headwind.

QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Bryan Hayes

Mining Stocks Shine as Gold Nears All-Time High

A falling dollar now presents a major tailwind for gold prices.

AGINegative Net Change

Mark Vickery

Housing Data Stronger for October; Pre-Markets Mixed

Housing Starts for October grew +1.9% to 1.372 million -- the highest print in three months.

QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Mark Vickery

Pre-Markets Higher After Winning Streaks Break

If Fed Chair Powell's raison d'etre was to dampen market activity, he was only partially successful.

MGMNo Net Change TPRNegative Net Change

Andrew Rocco

Bear Market Rally or Bull Market Resumption? (5 Clues)

The recent market rally, prompted by a more Dovish Federal Reserve and strong earnings, has left investors questioning whether it's a bear market rally or a resumption of the bull market that began in late 2022. Stock Strategist Andrew Rocco provides insights.

AMZNPositive Net Change AMDNegative Net Change MSFTPositive Net Change NFLXPositive Net Change NVDANegative Net Change IWMNegative Net Change GOOGLPositive Net Change ANETPositive Net Change KRENegative Net Change ROKUPositive Net Change PINSNegative Net Change

Mark Vickery

Pre-Markets Follow Strong Week in the Green Again

Ahead of today's opening bell, the Dow and Nasdaq are +40 points, and the S&P is +10.

EXPENegative Net Change RLNegative Net Change DISNegative Net Change ARMPositive Net Change TSLANegative Net Change TRIPNegative Net Change BKNGNo Net Change UBERPositive Net Change

Mark Vickery

Jobs Cut in Half to 150K; Unemployment +3.9%

Today's headline BLS number is 150K, below the 170-180K expected, and well below the downwardly revised 297K the previous month.

ADPNegative Net Change QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Bryan Hayes

Stocks Stage Comeback Ahead of Fed Decision: What to Do Now

Investors will be keying in on Fed Chairman Jerome Powell's commentary during the usual post-meeting press conference.

AMDNegative Net Change

Mark Vickery

ADP Jobs +113K Lower than Expected; Fed at 2pm

This means we're still creating more than the amount of monthly private-sector jobs the economy needs to offset retiring Baby Boomers.

ADPNegative Net Change QQQPositive Net Change SPYPositive Net Change DIANegative Net Change

Andrew Rocco

Bull vs Bear Debate: 3 Definitive Clues to Look For

To successfully navigate the tricky 2023 market, investors must adopt an "if, then" mindset instead of a rigid, inflexible minstet. Stock Strategist Andrew Rocco divulges 3 clues to look for.

MSFTPositive Net Change CMEPositive Net Change NFLXPositive Net Change NVDANegative Net Change QQQPositive Net Change SPYPositive Net Change IWMNegative Net Change RSPNegative Net Change QQQEPositive Net Change

Mark Vickery

Q3 GDP +4.9%, Earnings Beats for UPS, Bristol Myers and Honeywell

In the preliminary Q3 GDP print, consumer spending jumped to +4.0% while private domestic investment roared ahead +8.4%.

AMZNPositive Net Change INTCPositive Net Change FNegative Net Change BMYPositive Net Change HONNegative Net Change UPSNegative Net Change

Mark Vickery

Big Q3 Earnings Headed Our Way: MSFT, GOOGL & More

The self-policing of high-bond-yield wariness is keeping equities from jumping ahead.

AMZNPositive Net Change GENegative Net Change INTCPositive Net Change TXNNegative Net Change AAPLPositive Net Change MSFTPositive Net Change VNegative Net Change KONegative Net Change NVDANegative Net Change ARMPositive Net Change GMPositive Net Change QQQPositive Net Change GOOGLPositive Net Change METAPositive Net Change

Mark Vickery

Jobless Claims Sub-200K; AAL, FITB Mixed in Q3

Meanwhile, bond yields continue to climb, with the 10-year only 4 basis points from 5%.

FITBNegative Net Change AALNegative Net Change