The More You Know…

News of note & exclusive market commentary

U.S. Oil Production Reaches 37 Year High

By | November 8, 2017

According to the Weekly Petroleum Status Report released today by the U.S. Energy Information Administration (EIA), crude oil stock piles climbed as domestic production reached its highest level in 37 years. Read More

U.S. Jobless Claims Fall Short of Expectations

By | October 26, 2017

Weekly U.S. jobless claims rose by 10K to 233K or the week ending October 21st. Initial claims were expected to hit 235K suggesting that the labor pool is in a brief recovery mode after the recent hurricanes rattled the market.Read More

Palladium Surpasses Platinum for First Time Since 2001

By | October 17, 2017

Palladium has won the precious metals race in 2017 gaining roughly 50% this year which is its highest intraday level in over 16 years. While it did not hold strong above the $1K threshold yesterday, the outlook for the precious metal could support future gains. Read More

The October Effect – When Will the Bullish Bubble Pop?

By | October 11, 2017

The U.S. stock market has been on a bullish run for the better part of 8 years. Since 2009, the S&P 500 & DOW have more than tripled while the NASDAQ has increased fivefold.

Although the market has seen its setbacks throughout the last 8 years, the long-term trend points to all things bullish. As we round out the last quarter in 2017, the markets continue to record higher highs so often that it’s often no longer a newsworthy event. Let’s not forget the 20K DOW milestone was only just hit in January 2017. Now, 23K is in site! Read More

U.S. Dollar Index Futures Stall Ahead of September Employment Report

By | October 4, 2017

Federal Reserve Chair Janet Yellen is expected to speak on Wednesday and many investors are watching from the sidelines to gain more clues on Yellen’s dovish or hawkish sentiment surrounding an additional interest rate hike in the fourth quarter. Read More

Weekly Jobless Claims Rise – Influenced by Hurricanes

By | September 28, 2017

The number of unemployment benefit filings exceeded expectations last week rising by 12K to a seasonally adjusted 272K. Last week’s increase pushed the 4-week moving average to 277K, a high not seen since early 2016. According to the Labor Department, hurricane’s Harvey & Irma were the main culprit for the bump in claims. Read More

Crude Oil Futures Post Gains Based on Demand Outlook

By | September 13, 2017

Crude Oil futures climbed on Wednesday on news that the International Energy Agency (IEA) forecasts an .2 increase to 1.6 million barrels per day for 2017. The spike in demand exceeded the IEA’s expectations pushing its forecast to a high not seen in roughly two years. Read More

Dollar Strengthens in Advance of Jackson Hole

By | August 22, 2017

The U.S. Dollar posted gains on Tuesday ahead of this week’s key economic event, the Jackson Hole Economic Symposium, where both Fed Chair Janet Yellen and ECB Chief Mario Draghi are expected to speak. Quantitative Tightening is likely the big topic of discussion as investors look for clues on the direction of interest and currency rates. Read More

CBOE Volatility Index Surges to 3 Month High

By | August 10, 2017

The VIX, widely considered the fear gage within the markets, popped over 35% in intraday trading on Thursday, signaling a possible return of volatility as major indexes retreat amid geo-political concerns and gradual monetary policy tightening.Read More

Safe-Haven Demand Regains Footing

By | August 9, 2017

As tensions escalate between North Korea and the United States following President Trump’s threat to unleash “fire and fury” in response to Pyongyang’s remarks on “carefully examining” a strike on Guam, global stock markets reacted in a predictable safe-haven fashion.Read More