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Mark Vickery

More Inflation Data on Deck, with Q1 Earnings Starting

We spent last Friday away from the offices in observance of Good Friday, but that morning the big Employment Situation report for March came out.

WFCPositive Net Change JPMPositive Net Change CPositive Net Change ADPPositive Net Change DALPositive Net Change LVMUYPositive Net Change

Mark Vickery

Jobless Claims Makeover: 228K, 200K+ for 8 Weeks

Seasonal adjustments now show we've been above 200K new claims for the past eight weeks.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

Countdown to Recession, or Just Cooling Down?

Are we in the early stages of recessionary conditions? This is the question that seems to be halting markets at present.

ADPPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

ADP Jobs Lower: 145K, on Weaker Services Sector

145K private-sector jobs is a notable miss from the 210K expected and the upwardly revised 261K for February.

ADPPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

On Markets, Jobs, Productivity & Inflation (in Under 500 Words)

JOLTS and Factory Orders came in lower than expected for February. Are we at last seeing real evidence of a slowing economy?

ADPPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

What Are the Limits of Our Current Market Rally?

Even dealing with the drama of destabilized regional banks and a Fed continually raising interest rates, the past 13 trading days have been overall a roaring success.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

Q4 GDP Ticks Down to +2.6%; Jobless Claims Stay Low

Year over year GDP for 2022 comes in at +3.9%, 200 bps lower than the very strong 2021, which provided the Great Reopening from the Covid pandemic.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

Pre-Markets Crawl Back After Hump-Day Selloff

Major indices saw -1.6% losses by yesterday's close, and right now the Dow is +58 points, the S&P 500 +20 and the Nasdaq is +129 points at this hour.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Bryan Hayes

Bull of the Day: Asure Software (ASUR)

A new bullish phase has begun for the stock as it has been hitting a series of 52-week highs this year on increasing volume.

ASURNegative Net Change

Mark Vickery

Jobless Claims, Import Prices, Philly Fed All Lower

Anxiety over the global banking system and a pending Fed decision on interest rates next week will likely cast a large shadow.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

Jobs Gain 311K, Unemployment 3.6%; SIVB Trading Suspended

What may prove to be the real market mover today is the collapse of Silicon Valley Bank (SIVB).

QQQPositive Net Change SPYPositive Net Change SIVBPositive Net Change DIAPositive Net Change

Mark Vickery

Markets Sink Ahead of Friday Jobs Report

A poor showing in tomorrow's Employment Situation may provide a pop to stocks.

ORCLPositive Net Change GPSPositive Net Change ULTANegative Net Change

Mark Vickery

Jobless Claims Show Signs of Weakness (Finally!)

Initial Jobless Claims raced ahead to 211K last week from an unrevised 190K the previous week -- the highest read we've seen so far in 2023.

ADPPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

ADP 242K Higher than Expected; Powell Addresses House

We do not expect any changes in what Fed Chair Jay Powell has to say before the U.S. House Financial Services Committee this morning.

ADPPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

John Blank

Finally, Nonfarm Jobs Numbers! Global Week Ahead

It's all about jobs, and Friday's February U.S. employment report takes on added significance after stunningly strong January data prompted a rethink on projections for an economic slowdown.

NVOPositive Net Change HSBCPositive Net Change SCMWYNegative Net Change

Mark Vickery

Starting Off Slow for Jobs Week

We'll end with a bang Friday with the Employment Situation report: nonfarm payrolls and the Unemployment Rate.

ADPPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

Q4 GDP Now +2.7%; Jobless Claims Slide Again

While Q4 GDP was bumped down 20 bps from the first read, Weekly Jobless Claims remain firmly below 200K.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

PPI +6.0% Year Over Year Still Too Hot; Pre-Markets Sell

PPI +0.7% on headline month over month, above the +0.4% expected and a big reversal from the -0.5% reported for December.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

Blowout Month: Nonfarm Payrolls 517K, Unemployment Rate 3.4%

517K new jobs created for the month is almost 3x what analysts were looking for -- the highest print since July's 537K.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

ADP Jobs Dwindle on Weather Issues: 106K

+106K new private-sector jobs were added last month, easily the lowest tally in the past year.

ADPPositive Net Change QQQPositive Net Change METAPositive Net Change

Mark Vickery

Q4 GDP +2.8%, Jobless Claims Down to +186K & More

Initial Jobless Claims continue to dwindle, even in the face of prominent companies laying off tens of thousands of employees over the past several weeks.

BAPositive Net Change MAPositive Net Change ADMNegative Net Change

Mark Vickery

Markets Stay Positive on Perceived Fed Slowing

We're either letting the stern part of the narrative get past us or we're breathing some life into oversold indices. Perhaps a little of both.

GEPositive Net Change MSFTPositive Net Change JNJPositive Net Change VZPositive Net Change MMMPositive Net Change

Mark Vickery

Sell-Off Continues as Jobless Claims, Housing Starts Improve

Pre-market futures are trading down in continuation of yesterday's sell-off: the Dow -300 points, the S&P 500 -35 and the Nasdaq -110 points at this hour.

PGPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

Markets Slide from Mid-Morning Highs

Market indices couldn't hold onto that bullish feeling they had during today's pre-market activity.

MSFTPositive Net Change QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change

Mark Vickery

CPI +6.5% YoY In-Line, Jobless Claims Sink to 205K

Headline CPI year over year has descended to +6.5% from an unrevised +7.1% for November -- a 60 bps drop month over month.

QQQPositive Net Change SPYPositive Net Change DIAPositive Net Change