Author: Scott Hoffman

Chinese stocks (Shanghai) were down 6.7% last night.  Bloomberg said China a big drop in new loans for August and that China is cutting imports of raw materials.   There’s also a lot of new stock issuance on...

Yesterday’s moves are seeing follow through-stocks and commodities are higher, the Dollar and Treasuries are lower.  Good earnings from Dell are helping stocks.  Most world stock markets are higher. Shanghai was...

Microsoft Word – HVR-NR4IB.doc The US Dollar had a good rally yesterday, and was still in decent shape until the results from the 7 year Note auction were released.  I don’t know who led who, but Noon seemed to...

Q2 GDP and jobless claims were non events.  GDP (the first revision) was stronger (at least less weak) than estimates, but the lethargic trade continues.  There’s a 7 year T Note auction today; results are out at...

Stocks are showing some strength; news that Obama will reappoint Bernanke to the Fed Chair is supporting.  Bernanke is generally well regarded, and his reappointment provides continuity.  The dollar is weaker despite...

There was no significant market news last night, and none is due today.  As a result, markets are largely trading off recent momentum.  So stocks are a bit higher.  Nothing is really moving much, though.  The...

Stocks are higher.  Chinese stocks were higher, Japan was lower overnight. China rose as its rebound continued; Japan fell over concerns about its automakers.  The Chinese government is moving to tighten credit...

The Shanghai stock market rose 4.5% overnight, regaining Tuesday night’s loss.  Jobless claims rose by 15K; they were expected to fall by 8K.  This pushed stocks back to unchanged.  We also get the Philly...