Claim OwnershipThe Market Bull
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© 2018 Caleb Lawrence Registered Investment Adviser Inc.
Description
Market commentary without the usual Wall Street spin.
195 Episodes
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The major averages close with small losses on little real news. Personal income and spending advance. PCE Deflator just 2%. Pending homes sales slip.
Major averages finish the week with large gains as rumors of more trade talks inspired the bulls. Record household debt marked the last crash, Q-3 is Déjà Vu.
A pause in the trade war helped the major averages to large gains to begin the week. Manufacturing activity gains. Construction spending slips.
Markets plunge, yield curve briefly inverts, so much for the trade war truce. More cracks appear in Bay Area housing, inventory jumps, prices slip.
A quiet day on the street with the markets closed in honor of G.W. Bush’s funeral. Mortgage activity gains for a 2nd week.
The arrest of Huawei’s CFO spooked the markets to large early losses and threatens to escalate the trade war. The major averages finished the day mixed.
Stocks plunge again for the week. November employment report misses with 155,000 new jobs, unemployment rate unchanged at 3.7%. Hours worked slip.
Volatile early trade gives way to small gains to begin the week. Consumer credit handily beats expectations on credit card use.
The major averages struggle into the close about even. Producer Price Index gains .1% in November, year ago rate slips to 2.6%.
The major averages can’t hold all their early gains, close moderately higher. Mortgage activity up, rates slip again. CPI up 2.2% from a year ago.
The major averages finish mixed. Trade prices fall on a double-digit decline in energy costs. But the CPI and PPI were curiously about unchanged.
The major averages struggle into the close about even. Producer Price Index gains .1% in November, year ago rate slips to 2.6%.
The major averages retest critical support and look to be failing. More cracks appear in financial markets after Wells Fargo and Barclay’s fail to get a bid on a junk bond offering.
Major averages can’t hold their early gains. Housing starts and permits increase. Foreigners remain willing investors, but don’t like stocks.
Despite generally positive data and a reduction in the number of expected interest rate hikes next year the major averages plunged late and closed with large losses.
Broken technical support sends the major averages into the close with large losses on little real news. Philly Fed down 3.5 points in December to 9.4.
Markets plunge for the week, NASDAQ enters a bear market with a 20% decline from its earlier high. Economic data softens but still decent.
Markets close with small gains to begin the year on little news. US, European and Asian markets finish 2018 in the red, Worst performance in 10-years.
The major averages plunge on the 2nd trading day of the year after Apple reports a big revenue miss. Economic data was mixed.
The major averages recover all of yesterday’s sickening plunge and them some. Employment report handily beats expectations.
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