Unemployment Claims Pinned Near Historic Lows
Initial unemployment claims sit below 200,000 for only the eighth time since 1969.
Breakout Buyers Caught in Classic Bull Trap
The problem with traps is that they don’t seem like traps until it’s too late.
Indices Churn On Mix of Good and Bad Action
Financials broke down on the flat yield curve while biotech caught the speculative bid.
Magnificent Seven Hits All-Time High but it’s Not What it Seems
It was an upbeat day driven by poor positioning and too much negativity.
Tech Leads Equity Markets Higher
Continued gains in AI beneficiaries lead a broader rally Monday morning.
Geopolitics Takes Focus as Energy Prices Drive Economy
With rates currently tied so closely to energy prices, some positives would be great for rates.
Factory Output Falls in Year’s First on Broad-Based Cooling
Manufacturing production slipped 0.3% in August — its first drop of the year and biggest since October 2025.
Calm Action Attracts Investors as Fed Fears Subside
The bounce off the quick fall on Federal Reserve Chair Kevin Warsh helped calm emotion.
Housing Starts, Permits Fall on Multifamily Weakness
Both starts and permits fell in August, but the headline masked the a multifamily giveback underneath.
Markets Change Tack After Sleeping on it
Equities are starting the Thursday session with a strong tech-led rally aided by investors scooping up treasuries.