September, the Healthy Correction Month

September, the Healthy Correction Month

#September #correction #stockmarket $FAANGs $DIA $SPY $QQQ $RUTX $VXX The S&P 500 index was on the verge of a correction, defined as a 10% decline from its all-time closing high, after ending 9.6% below its 2 September record Wednesday. The benchmark index then moved higher Thursday afternoon trade after seesawing during the session. The tech-heavy […]

Commentary: Paul Ebeling on Wall Street, Stocks are Going Higher

Commentary: Paul Ebeling on Wall Street, Stocks are Going Higher

#WallStreet #PaulEbeling #BigTech #earnings #economy #growth #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Week in Review: Another week of selling, particularly in the mega-caps The selling from the prior week carried over to the shortened trading week. The S&P 500 fell 2.5%, the NAS Comp fell 4.1%, the DJIA […]

Commentary: Paul Ebeling on Wall Street, Do Not Fear September

Commentary: Paul Ebeling on Wall Street, Do Not Fear September

#WallStreet #PaulEbeling #BigTech #earnings #economy #growth #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action The trigger the stock-market pullback Thursday and Friday that erased weeks of gainers in the US stock market, may have been embattled investment firm SoftBank, according to a report by the Financial Times of London The report […]

Jobs Report Good, Getting Better, Low Interest Rates to Stay for a Long Time, Do Not Fear September in a Presidential Election Year with the Incumbent Running

Jobs Report Good, Getting Better, Low Interest Rates to Stay for a Long Time, Do Not Fear September in a Presidential Election Year with the Incumbent Running

#PresidentTrump #Powell #Fed #jobs #interest #rates $DIA $SPY $QQQ $RUTX $VIX $VXX The US financial markets will be closed Monday for Labor Day Friday, Trump Fed Chairman Powell declared the the NFPs employment report for August was “a good one,“and reiterated that the FOMC will keep ultra-accommodative monetary policy (the Fed put) for years to […]

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

Tame Producer Inflation Supports Case for Another Fed Rate Cut in September

US producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Fed to cut interest rates again next month. The benign inflation report from the Labor Department on Friday could boost expectations for a half-percentage-point cut at the Fed’s 17-18 Sept. policy […]

Analysts See Fed Cutting Interest Rates in September

Analysts See Fed Cutting Interest Rates in September

$MS, $GS Morgan Stanley (NYSE:MS) analysts said Monday that they now expect the Federal Reserve to cut rates in September and then again in October. “Trade’s ‘simmer’ has begun to boil, business sentiment and capex have softened further, global growth remains weak and inflation expectations have fallen,” while the gap between 3-month US3MT=RR and 10-year […]

These Places Empty Out in September

These Places Empty Out in September

The traditional Summer season closes and the crowds start to disperse in September creating a quieter environment for a fantastic late-Summer vacation. Waiting out the Summer crowds pays off at the destinations listed below, so get ready to go. Zurich, CH By September, temperatures in Switzerland have dropped into the 60’s and the Summer tourist […]

The Effects of the Shortened T+2 Settlement Cycle

The Effects of the Shortened T+2 Settlement Cycle

The Effects of the Shortened T+2 Settlement Cycle In March 2017, the United States Securities and Exchange Commission (the SEC) adopted amended Rule 15c6-1(a) which shortens the standard trade settlement cycle for most broker-dealer securities transactions from three business days (known as T+3) to two business days, (known as T+2). On Tuesday, September 5, 2017, […]

Remembering 9/11 15 Years Later

Remembering 9/11 15 Years Later

Remembering 9/11 15 Years Later Fifteen years ago today, sitting at my desk, I received a call from a business associate, “have you got your TV on?” he asked. I did not, so I turned it on to see a commercial airline fly directly into 1 of the World Trade Center towers in Manhattan, it […]