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The DC Today - Monday, December 5, 2022
Futures opened last night down -40 points and stayed around there into the evening. This morning they pointed to a down -100 open pre-market and wor…
3 years, 3 months ago
Our Fed Conceit
The markets rallied dramatically on Wednesday when the chairman of the Federal Reserve, Jerome Powell, gave a speech at the Brookings Institute essen…
3 years, 3 months ago
The DC Today - Thursday, December 1, 2022
December has launched and I have some things to tell you …
MARKET ACTION Dow: Down -195 points (-0.56%) S&P: -0.09% Nasdaq: +0.13% 10-Year Treasury Y…
3 years, 3 months ago
The DC Today - Wednesday, November 30, 2022
A monstrous rally ensued today when Jerome Powell verified Fed plans to slow down on rate hikes. Do I think this makes sense? Well, I will tell you…
3 years, 3 months ago
The DC Today - Tuesday, November 29, 2022
An interesting but not especially noteworthy day in markets today, and we have all the commentary you need right here
MARKET ACTION
Dow: +3 points (…
3 years, 3 months ago
The DC Today - Monday, November 28, 2022
Market Action
Futures opened last night down -50 points or so and were down -160 points into the evening. This morning they were pointing to a down …
3 years, 3 months ago
The DC Today - Tuesday, November 22, 2022
Today we are one day closer to cutting into that turkey, enjoying some homemade gravy, and spending some quality time with those nearest and dearest …
3 years, 3 months ago
It's the Income, Stupid!
I actually hate the title this week, because the word “stupid” really is pretty mean. I try not to be mean because I think it is wrong to be mean (I…
3 years, 4 months ago
The DC Today - Thursday, November 17, 2022
Another volatile day with the Dow closing flat after being down nearly -400 points. More to say here:
MARKET ACTION Dow: -7 points (-0.02%) – had be…
3 years, 4 months ago
The DC Today - Wednesday, November 16, 2022
It was a very choppy (up-down) day in markets, to say the least. The chart itself is testimony to how much the market could not make its mind up tod…
3 years, 4 months ago