Banks Break News In the Aftermarket

Dow +284.96 at 17694.68, Nasdaq +87.38 at 4779.25, S&P+34.68 at 2070.77 Nasdaq Composite -4.6% YTD Russell 2000 -0.4% YTD S&P 500 +1.3% YTD Dow Jones +1.6% YTD Two of the best days for stocks this year helped undo two of the worst, turning the Dow & S&P positive for 2016.  U.S. crude oil soared 4.2% […]

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The Expected Bounce Arrives

Dow +269.48 at 17409.72, Nasdaq +97.42 at 4691.86, S&P+35.55 at 2036.09 Stocks rose around the globe, led by the sectors that recently have been beaten down the most, such as banks. Demand for safe havens eased after two days of big pressure. The dollar pared its rise against the British pound. The price of oil, […]

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DEAD HEAT AT 10 PM

I literally just deleted an entire post that I wrote on the Brexit polling because things are moving just that fast. About 40 minutes ago I wrote that the British pound was down 5%, (NOW DOWN 3%) its biggest move in history, because the BREXIT folks were WAY ahead of the REMAIN voters. That has […]

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