April 25, 2017 by Dan • Morning Word

The hope trade is fully intact. For those who thought last week’s mid-teens readings in the VIX was indicating a coming vol shock for stocks, or that oil breaking through the physiologically important $50 level …

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April 24, 2017 by Dan • Morning Word

Yesterday, the New York Times ran a fairly controversial opinion piece from USC media professor and author Jonathan Taplin. In it he discussed the modern day tech monopolies of Alphabet (GOOGL) Amazon (AMZN) and Facebook (FB). …

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April 21, 2017 by Dan • Morning Word

Yesterday, our friend Peter Boockvar of The BoockReport had some interesting commentary regarding the Fed’s intention to tighten monetary policy (emphasis mine): After hearing Fed President Eric Rosengren yesterday afternoon again giving his support for allowing …

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April 20, 2017 by Dan • Morning Word

Wake and bake is not exactly my jam (not even on 420) but the top story in the WSJ this morning had me wondering what was in my breakfast muffin: I wasn’t the only one: When …

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April 19, 2017 by Dan • Morning Word

So far, U.S. stocks could not be bothered in the least by dysfunction in Washington, increasing geopolitical tensions, the fissures in the European Union, or most importantly the recent weakening of economic data in the …

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April 18, 2017 by Dan • Morning Word

On CNBC’s Fast Money last night we had Evercore ISI’s chief market technician Rich Ross discuss the late 2016 breakout in the S&P 500 (SPX), and the chances for continued gains, watch here: To Rich’s eye, …

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April 17, 2017 by Dan • Morning Word

No matter how people voted in November, I suspect we all will be finding some common ground in the coming months with dissatisfaction about Washington (and concern about what appears to be growing tensions in hotspots …

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April 13, 2017 by Dan • Morning Word

Remember last month when the Freedom Caucus shot down the number one legislative goal of the President and his super majority in Congress? Remember how the President then threatened the conservative coalition that they better not …

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April 12, 2017 by Dan • Morning Word

In case you missed it, United Airlines tried to bounce a customer off of an oversold plane Sunday night in Chicago to make room for some crew members needed at the destination for another flight. …

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