Morning Lineup – Quiet Ahead of Jobs

We’ve just published today’s Morning Lineup featuring all the news and market indicators you need to know ahead of the trading day.  To view the full Morning Lineup, start a two-week free trial to Bespoke Premium. Here’s a snippet from today’s report: Ever since it … [Read More...]

A Solid Encore to a Strong Quarter

The first quarter returns for the S&P 500 were quite strong, but if you thought the market wouldn’t have enough energy for a good encore, the first full week of Q2 proved otherwise.  With gains on every trading day of the quarter’s first week, the S&P 500 heads … [Read More...]

Services Sector Disappoints

After a number of global PMIs for the services sector came in better than expected overnight and this morning, the ISM Services (non-manufacturing) report for March disappointed, coming in at a level of 56.1 compared to expectations for a reading of 57.9 and last month’s reading of 59.7.  Not only was … [Read More...]

Morning Lineup – Springing Higher

We’ve just published today’s Morning Lineup featuring all the news and market indicators you need to know ahead of the trading day.  To view the full Morning Lineup, start a two-week free trial to Bespoke Premium. Equity markets around the world are kicking off the new quarter… [Read More...]

S&P 500 Quarterly Returns

Despite the rocky finish, investors will be sad to see Q1 come to a close.  Below we have provided a summary of the S&P 500’s average return by quarter going all the way back to WWII and just over the last ten years.  Over the long-term, average … [Read More...]

Shanghai Rips Into Quarter End

Equities around the world have been looking to close out the quarter on a positive note, and China was no exception.  With trade US and Chinese trade negotiators reportedly making progress in the always on the horizon trade deal, the Shanghai Composite ripped 3.2% higher in the last trading day … [Read More...]

No Congestion for Gas Prices

The road higher for gas prices has been as clear as can be of late as prices have been on a tear.  According to AAA, the national average price of a gallon of gas has risen 17.3% YTD through 3/25.  That’s a full seven percentage points above the average YTD … [Read More...]

Maximum Frustration

Make up your mind already!  That’s the way traders are feeling towards the market these days.  Whether you are a bull or bear, it’s hard not to be frustrated with how the equity market trades lately with its complete lack of decisiveness.  After repeated attempts at breaking through 2,800 … [Read More...]

Morning Lineup – Red Finish

Investors are scrambling for fixed income this morning after some truly bad economic data in Europe.  10-year bunds are back to negative yields and the US Treasury yield curve (10y vs 3m) is just 2 basis points (bps) from inversion.  As you might expect, equity futures aren’t taking too… [Read More...]