When the lights go down in the city. And the sun shines on the Bay. Those are the opening lyrics for the song "Lights" by the legendary Bay Area band Journey. I'm pretty sure they…
Mike FrazierMarch 20, 2020
Market opens sharply lower as the coronavirus shock continues. Stocks were halted immediately, as circuit breakers were triggered at the open. The shutdown of schools and travel around the country has moved to bars and…
Mike FrazierMarch 16, 2020
We are going to remember this week for a while. We're going to remember it for a number of reasons. We are going to remember it for the Coronavirus. We're going to remember it for…
Mike FrazierMarch 13, 2020
What's going on in the world... Market opens lower, effectively erasing yesterday’s explosive gains. Yesterday’s explosive gain was another 1,000 point move on the Dow, which erased half of the previous day’s 2,000 point decline.…
Mike FrazierMarch 11, 2020
Market opens gapped down as the Futures Market hit limit down (5% decline) in the overnight session in response to the war on Oil launched by the Saudi’s and the Russians. At one point, Crude…
Mike FrazierMarch 9, 2020
Market volatility is back, big time. The S&P has experienced six 3% daily moves, both up and down, in the last two weeks. This type of price action had not occurred in the previous 24…
Mike FrazierMarch 6, 2020
What's going on in the world... Market opens higher, trying to lift up after yesterday’s drubbing. The strength this morning could be called a Biden Bounce, as the former Vice President had a big night…
Mike FrazierMarch 4, 2020
Market opens higher after another wild overnight session. It came after the worst week for the Stock Market since the Financial Crisis. The S&P fell 15% in just over a week. Interest rates kept falling,…
Mike FrazierMarch 2, 2020
There is no sugar coating. This was a bad week for stock investors, whereas bond investors had one of the better weeks in history. It set all kinds of records for bad. It was the…
Mike FrazierFebruary 28, 2020
What's going on in the world... Market opens higher, trying to bounce off some really oversold levels. Back-to-back 3% decliners are not unheard of. But they are very rare. There hasn't been three back-to-back decliners…
Mike FrazierFebruary 26, 2020
Market opens sharply lower in the wake of the accelerated cases of coronavirus beyond China. The S&P fell 100 points. The Dow fell nearly 1,000 points. The Tech-heavy NAS is feeling the most pain, down…
Mike FrazierFebruary 24, 2020
