Sheraz Mian's Blog

The Alcoa (AA) report after the close on January 11th will put the spotlight on the Q4 earnings season. We have a total of 11 S&P 500 members reporting results next week, including J.P. Morgan (JPM), Wells Fargo (WFC), Citigroup (C) and Intel (INTC). But the reporting cycle will really ramp...

Today’s weak factory sector data out of China reminds us of the market’s persistent China growth worries. The December PMI survey by Caixin Media and Markit came in weaker than expected at 48.2 vs. 48.6 in November, the 10th straight month of a sub-50 reading from this key private...

Next week will bring some top-tier economic readings, but the major coming catalyst for the market is the Q4 earnings season that gets into the spotlight following the January 11th earnings report from Alcoa (AA). To that end, the ongoing weakness in oil prices...

Pre-open sentiment indicated a positive start for the major indexes on the last full trading session ahead of the Christmas, with the favorable tone of this morning’s income and spending data reconfirming the economy’s modest growth trajectory.

The Fed should be very happy with how the markets dealt with lift-off, with stocks, bonds and currencies all seeing the move as a vote of confidence in the US economy’s outlook. Importantly, the central bank has been able to keep the markets onboard with its future plans. Interest rates will...

It’s been almost a year since oil prices started sliding, with a combination of oversupplied markets and soft demand pushing prices lower. On the supply side, US production hasn’t declined at the pace that many in the market were banking on earlier this year, with declines at the Shale fields...

The European Central Bank (ECB) came through on the commitment it made in October to sweeten its ongoing monetary policy stimulus program in order to spur growth and fight deflation within the common currency block. This commitment had produced the desired effect in the markets...

The major indexes are on track to for a weak open, with heightened geopolitical tension superceding the positive revision to the Q3 GDP growth pace. The Middle East is a complicated region in the best of the times and it has become even more so with the rise of ISIS and the entry of Russia in the...

China’s inflation reading came in a tad cooler than expected, spotlighting the persistently weak demand conditions in that country that have been a worry for the markets lately. The country’s consumer price index increased +1.3% for October from the year-earlier...

The market’s impressive comeback over the past month has helped erase all of the late-summer losses. Driving the gains is hope of continued Fed support on the back of a softer domestic economic backdrop.