What a Day!
Each trading day, at the opening bell, we discuss the significant economic events, earnings reports, and financial news which are likely to impact today's markets.
Join me, won't you?

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Recent Episodes

Authorities Want Evergrande To Skip Bond Payments....Bad Idea.

Sept. 25, 2021

Chinese authorities want Evergrande to skip Bond Payments,

Another Great Evergrande Story.

Sept. 24, 2021

Last night, US Time, The Housing Regulators in China instructed Evergrande to continue building apartments. Don't stop. And especially don't stop because you have to pay your debts.

Nike Announces Plant Closing. Don‘t Worry No US Jobs Lost.

Sept. 24, 2021

Nike stock is down 5% in pre-market trading this morning, as the company announces that one of its major factories has been closed since mid-July. And will likely remain closed for the rest of September and possibly into Oct…

Market Technicals: NAS and S&P Clear 50 DMA.

Sept. 24, 2021

While the Dow still struggles below its 50 Day Moving Average, the NASDAQ and S&P 500 have finally managed to clear that hurdle. This is all part of the rebound from Monday's tremendous market blow. Energy is the current sta…

A Good Day For Stocks, Not So Good For Bonds And Metals.

Sept. 23, 2021

It was a good day to be in the stock market, but few other investments fared as well. The Down Jones Industrial Average was up over 500 points, with all major stock averages up a percent or more.

Midday: Timing Is Everything.

Sept. 23, 2021

Today seems like one of those days when the timing is all-important. We began with the story that Initial Claims for unemployment were way out of wack from what Wall Street expected.

Recent Blog Posts

The Fed Blinks...Again!

Last week it appeared that the stars had aligned. That, for the first time since the Pandemic's Economic Lock-Down, that the Fed would return to a more n…

The Loss Of Price Discovery.

It's simply the cornerstone. And upon it is all else is built in this free market system. It is price. You no doubt remember your college economics's…

Labor, The Forgotten Dimension In The Economy.

It's easy to equate how the economy is performing, with how the stock market is doing. Currently, with all the major averages either at or near all time …