since 2008, sending it daily shortly after the market close.
The opinions expressed below are my own
Tick tock. The clock is ticking and the markets are waiting but nobody is doing much. Today US equities climbed a bit. The gain wasn’t significant and could just be a reversal of yesterday’s small drop. Capital flow was light today at 93%. Investors were not active and that’s not surprising.
If something will stir up animal spirits, I continue to think earnings season is the first, best catalyst. Earnings season may not even kick the tape around but the season is way more likely to trigger activity than the Fed minutes or some upcoming economic release.
We will see these three earnings releasestomorrow
, so we’ll have a little bit to talk about.- BlackRock
- Fastenal
- Delta Airlines
Thursday
morning.Have a good one
-Mike