With All Eyes On Payrolls US Futures Tread Water; China Rises As Copper Crashes To New 6 Year Low

After going nowhere for the past week, last night Chinese equities opened with a bid tone and traded in the green all day long, resulting in the Shanghai composite ending the week with a gain of 2.2%, on what is gradually becoming a replica of US low volume levitation (to be expected after a third of market participants have now […]

Stocks Suffer Worst Week Of Year Amid Biotech Bloodbath, Commodity Carnage, & Bond Buying

This seemed appropriate…But “everything was awesome”?Russell 2000 -3.1% – worst week since Oct 2014 (Bullard)
Dow -2.8% – worst week since Dec 2014
S&P -2.1% – worst week since Jan 2015
Trannies -2.8% – worst week since Mar 2015
Nasdaq -2.2% – worst week since Mar 2015
Who is to blame for all this?Leaving The Dow comfortably red year-to-date…This is notable.. VIX was pressed notably […]

The Daily, Part 1 of 3, 6-6-15

* * * *
6/6/2015 Investment House Report
* * * *MARKET ALERTS:Targets hit: None issuedBuy alerts: CYBR; QRVO; ZBBTrailing stops: None issuedStop alerts: None issuedThe market alert service is a premium level service where we issue intraday alerts relating to the general market conditions, when stocks hit action points (buy, stop, target, etc.), and when we see other information impacting the […]

Dry Bulk

The main theme of the year so far has been the volatility in the tech stocks, with may high fliers dropping overnight, including the biotech darlings of the last few years. The money seems to be rotating into the materials. The possible reversal of the US Dollar strength along with firming in the price of energy has contributed. I have […]

Time To Short the Mighty Greenback?

Netty Idayu Ismail of Bloomberg reports, Hedge Fund That Made 18% on Dollar Strength Now Bets on Drop:
Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, reduced bets the dollar will strengthen and added trades that would profit from a decline.Chan said he trimmed his fund’s long dollar position versus the yen […]

Volatility defines the stock market

It was a tumultuous week. Investors should get used to it because volatility is going to be with us for some time to come. You can blame a lot of things, but the evidence suggests that the dollar is the main culprit behind the market’s gyrations.The rate of ascent, rather than the direction of the dollar, is largely to blame […]

Dollar-Dump, Biotech-Bruising And Rail-Rout, Ruins Record Run In Stocks

If you bought Trannies ahead of The FOMC, then you get nothing. The S&P 500 has now alternated down and up for last 9 days. It’s been quite a ride post-FOMC…
On the day, Trannies got trounced by Railroad warnings and Biotechs buggered by Gilead…
Sectors all rolled over hard into today’s close…
Today’s market traded in a very narrow range and on […]

Dollar-Dump, Biotech-Bruising , & Rail-Rout, Ruins Record Run In Stocks

If you bought Trannies ahead of The FOMC, then…Otherwise… given the volume traded today…The S&P 500 has now alternated down and up for last 9 daysIt’s been quite a ride… post-FOMCOn the day, Trannies got trounced by Railroad warnings…and Biotechs buggered by GileadSectors all rolled over hard into today’s close…Today’s market traded in a very narrow range and on extremely […]


MARCH 21stWORLD MARKETS-Sharp decline in U.S. dollar lifts stocks, oil – Euro has best week against the dollar since 2011 – Oil sharply higher despite oversupply concerns – European stocks helped after Athens’ assurances – Fed Loses Patience, But Is in No Hurry – Oil Markets Brace for Another DelugeThe Fed’s lack of impatience sends markets on a wild ride, […]

Dow falls more than 300 Points as Dollar Soars

Sellers woke up from the weekend and hit the market hard today with volume soaring along with the US Dollar.  The Dow Jones Industrial average fell more than 300 points leading all indexes lower with the Russell 2000 holding up the best.  Biotech stocks held up relatively well despite the selling in the broader market.  Clearly many traders are worried […]