Buzz on Business

New High for the NASDAQ, But Why Did Other Indexes Fall?

William Walsh
Another new all-time high on the NASDAQ Composite masks a session of lassitude and indifference. The other indexes fell, in some cases dramatically, v...

Market Mystery: Record Highs for S&P & Nasdaq, But Dow Lags and Volume Dwindles

William Walsh
On May 17th, about a month ago, we all celebrated the fact that the Dow Jones Industrial Average closed above 40,000, for the first time. Just two day...

Inflation Stalls? Don't Celebrate Yet - Why the Fed Should Stay the Course

William Walsh
The Consumer Price Index for May came in better than expected yesterday. We’ll get into the specifics in just a moment but suffice it to say that th...

Confusing Signals: Strong Jobs Report Tanks Stocks as Investors Fear the Fed

William Walsh
Over the last six months or so, good economic news has often spelled bad news for the stock market and, just as often, bad news was good news. As we...

ADP vs. Payrolls: Will Today's Jobs Report Confirm Labor Market Weakness?

William Walsh
The labor market data that was released on Thursday before the opening bell was weak. We’ll go over all the numbers in just a minute, but we remain ...

Stock Market Sets New Highs as Bond Yields Fall: The Ministry of Truth Explains

William Walsh
ON THE FIRST DAY OF Financial Advisor school everyone learns that falling interest rates mean a weakening economy. That’s not really true. On the f...

The Battle Between Good News and Bad News: Why the Stock Market Can Be So Confusing

William Walsh
For some time now, we’ve taken note of the fact that good economic news is often bad news for the markets and vice versa. This is because, as the st...

We Blame Salesforce! The Financial Animal Gets it Wrong. Again!

William Walsh
While we didn’t come right out and say it, we implied and indeed believed, that if yesterday’s Core PCE came in, even one tick, below expectations...

Tech Buoys NASDAQ While Dow Falters - Mixed Market Signals Danger?

William Walsh
Maybe it’s just us, but divergences, of any kind, cause us to wonder. When two or more markets that typically move together, move in opposite direct...

Good News is Bad News: The Stock Market Rallies Despite Strong Economic Data

William Walsh
Good news is bad news.” Here at the Ministry of Truth, those are words to live by. We’ve always been at war with good news. On Thursday, we got ...

The Fed: Mixed Messages and Missed Opportunities in the Fight Against Inflation?

William Walsh
The release on Wednesday of the minutes from the Federal Reserve Board meeting held earlier this month took a decidedly hawkish turn. Interesting to u...

The Financial Animal: 40 Years of Market Crashes and Why You Should Never Panic

William Walsh
New all-time closing highs for the S&P 500 and the NASDAQ Composite but none of the enthusiasm one might reasonably expect from such milestones. Volum...

Financial Animal

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