Market Overview

Peloton is down 73.9% year-to-date and 94.5% from its January 2021 record high Expect more pain ahead for the embattled company. "The ship is turning," Peloton (NASDAQ:PTON) CEO Barry McCarthy...

The Fed told markets what they didn't want to hear. Rates would need to be higher than previously thought, and with that, rates across the curve and the dollar are moving higher. Both rates and the...

Last week, oil companies reported record profits for the third quarter. This was as expected, because the average price of oil in Q3 was $91.43 per barrel. Even though prices have dropped from the...

CAT stock is coming off its best month in more than a decade Strong Q3 earnings capped rally — but external environment looks questionable For a cyclical business like Caterpillar, there’s...

After two months of painful losses, stocks put together a nice, solid October rebound.The Dow Jones Industrial Average had a sensational month, jumping 13.94%, its biggest monthly gain since January...

Regional bank heads rotate into FOMC voting positions next year Hawk-dove rankings in flux in volatile economic environment Inflation remains strong, but growth and employment still...

The market has been pricing in a relatively rapid pivot by the Fed after this week’s expected 75bps hike However, given the persistency in inflation and the Fed’s firm stance, I believe a...

Every time the short-term trend rises, traders believe rates will ease While some central banks began slowing rate hikes, the ECB persisted US data and Fedspeak suggest the Fed will persist as...

Roku has struggled in the face of worsening macroeconomic headwinds Stock is down 77.1% year-to-date and 89.3% below its July 2021 record high Shares are attractive after their big decline this...

Fed hopes to maintain credibility on inflation while slowing hikes Political considerations start to weigh on monetary tightening UK opts for stability as Sunak seeks to restore orthodox economic...

Stocks rallied on Friday, despite being down sharply 30 minutes before the opening. A WSJ article noted that the Fed was going to discuss the pace of future rate hikes following another 75 bps rate...

Bond market behavior last week was somewhat disturbing as 10-year nominal rates shot past 4% and 10-year real rates got as high as 1.75% before pulling back a trifle. This was despite Fed speakers...

The relationship between treasuries and stocks cannot be taken for granted Corporate earnings and central bank meetings will test the market rebound Bear markets also include upward rallies; that...

Apple, Microsoft, Alphabet, Amazon, Meta Platforms report next week FAAMG guidance updates likely dictate market’s direction through year-end With the S&P 500 and Nasdaq Composite...