Each day I scan and synthesize market-moving news. I look at macro themes, currency moves and global economic indicators that support or challenge my thinking on the Big Picture and help me take the mood of the market. I like to assemble these data points so I can turn them into operational trade ideas for my clients in my Live Trading Room. Some may even make it into my Brokerage-Triggered, Trade Alerts!
Market Thoughts: Anything can happen For the week, the S&P 500 gained 1.2% and the NASDAQ 1.9% – that is the 5th straight up week for the NASDAQ. Despite this continued move higher, macro data continues to deteriorate. The U.S. economy grew at an annual rate of 3.2% in the first quarter, well above the 2.3% estimated […]