Market opens lower in the wake of the attack on the Saudi oil system Saturday. Crude prices are jumping, with WTI back at $60. Houthi rebels in Yemen claimed responsibility. They are backed by Iran.…
Mike FrazierSeptember 16, 2019
Market opens sharply higher after a wild overnight session which gapped down lower initially, following Friday's sharp selloff. Something important to point out was the significant increase in volume on Friday. The selloff came on 2.5X normal…
Mike FrazierAugust 26, 2019
Market opens with a downward bias again, as the situation in Hong Kong gets worse. The level and scope of protests have expanded. So has the violence. The Hong Kong airport, one of the busiest in the world,…
Mike FrazierAugust 12, 2019
Market opens higher to begin the new week, and what a week it will be. Earnings Season hits full stride with roughly 1/3 of the S&P companies reporting numbers for Q2. It is a star-studded…
Mike FrazierJuly 22, 2019
Market opens flattish to begin the new week. Earnings come into focus. Expectations are for a contraction in Q2 numbers, but the big question is, what matters most: earnings or the Fed? The narrative has…
Mike FrazierJuly 15, 2019
Market opens lower to start the new week. With the Market near all-time highs, the stronger than expected jobs report for June complicates the rate cut plan for July. The Market has clearly already priced…
Mike FrazierJuly 8, 2019
Market opens flattish to start the new week. And it’s an important one. Three major central banks meet this week, with the future of monetary policy to combat the economic slowdown the focus. Investors will…
Mike FrazierJune 17, 2019
Market opens higher to start the new week. Deals are the theme, as the last minute arrangement with Mexico on Friday negated the tariff increase for now. United Technologies and Raytheon announced a merger over…
Mike FrazierJune 10, 2019
Market opens mixed to begin the new month. The DOW has declined six consecutive weeks, something it has not done since 2011. It was the worst May in nine years. The DOW's Friday close was…
Mike FrazierJune 3, 2019
Market opens flattish to begin the holiday-shortened week. Things are on track for a decline in May, something that has not occurred in 7 years. The S&P has seen 3 consecutive weekly decliners for the…
Mike FrazierMay 28, 2019
Market opens lower as tensions over trade continue to weigh heavily on investor psyche. Google has suspended business with Chinese Tech company Huawei, which requires the transfer of hardware and software products except those covered…
Mike FrazierMay 20, 2019
