Good Morning,

Fundamentals first. Claims came is as expected, but what I take away from this is that they aren't improving. Tomorrow we have inflation data, but as the Federal Reserve has said, there isn't any inflation out there and if there was, we created it by weakening our dollar and we rather have a weak dollar that possibly provides growth.

Good  Morning,

I am not going to go into it in depth, but for the most part, for 2 months, economic data has bee horrific. I can't stress it enough, horrific. Add to that a market that goes to the moon day after day after day when the Federal Reserve speaks - but that is the only time the equity markets go up. Add to that the mess that Europe is becoming. Yes,...

Good Morning,

We have lots of data to pour through this week and for all of you options/equity traders, remember it is earnings season so do your homework. But let's review the weekend in Europe. On a macro scale, it seems that in the short term, volatility could ensue as elections went the way of "spend our way out of trouble" versus austerity measures. Socialists are now ruling in France, regional elections in Germany went to new leadership and parliamentary elections resulted in a deadlock as conservatives won national elections but not the majority....

Good Morning,

We should be down about a thousand points in the equity markets between the last few months of economic data combined with an equity market that seemingly only goes up when the Federal Reserve bails us out....

Good Morning,

The data is coming fast and furious this morning. First off, let's analyze the data that gets the most scrutinized the day before our monthly NFP report. That is the weekly claims report. Analysts were jumping up and down over it as it came in well below expectations (the revisions to last week's number were just above last week's results). So, yes, it was a better number than expected. But overall, the average is still creeping higher and it seems that the 350k level is providing "support"...