We try to provide a host of things in this here daily recap and given my last TV recommendation was received quite well I’ve got another to offer. The Deepest Breath documents free divers as they attempt to reach unimaginable depths in the ocean without any outside aid. It’s a beautiful movie that is equally awe-inspiring and in a way, heart-breaking. Equally awe-inspiring and at times heart-breaking has been this bull market. If one were to make a wager at the beginning of the year the market…

“Champions keep playing until they get it right.” – Billie Jean King (BBG QOTD)

Tomorrow brings the official release dates of two diametrically opposed movie blockbusters in Barbie and Oppenheimer. There’s been a lot of talk of some patrons getting tickets to both so they can watch on the same day. That is some serious movie-watching range! For those that are curious, I’m prone towards the latter, but wouldn’t turn down tickets to the former either…There have been plenty of skeptics of this bull-market/bear market rally (call it what you want, it’s been directional one way…

The British invasion of NYC was real as our office was overrun with colleagues from the other side of the Atlantic; management, analysts and spec salespeople oh my! They seemed to bring the local weather with them as a sort of security blanket, the suffocating temps interspersed with periods of torrential downpours. But while today’s move didn’t align with the rest of the week, the immaterial losses did little to dampen (see that?) the spirits of a market that exhibits no sign of slowing down…

Slip slidin’ away

On its face, there doesn’t seem to be much that happened today that should turn you bullish if you haven’t been already. A middling, meandering day without much clear direction or conviction, markets largely drifted as volumes slowly dissipated. But a pair of rose-colored glasses (perfect for these summer days) could offer some positives. Yesterday’s gains were hard to accredit a reason why and yet the market largely held on to them. Even more impressive given the expectation we could see a dra…

You work hard all week, in the office early, up (or more likely, out) late and the weekend offers a welcome reprieve. Especially during the summer when you can take in some rays, play some golf and/or fire up the BBQ. Unless of course rain is in the forecast every day from yesterday until what feels like kingdom come. Fortunately the movie ‘Air’ has come highly recommended and so that will take up some weekend time. Sadly, the air has begun to come out of the markets some, this shortened week b…

“Every day begins with an act of courage and hope: getting out of bed.” – Mason Cooley

An idle mind is the devil’s playground and sadly things have been far too idle recently. And boy is the devil playing…yesterday’s surprise hike from the BoC lent credence to a similar move by the Fed (acc to some). This in turn helped further fuel a move into the value/cyclical set, culminating in the best 5-day performance for the R2K in 2 years. Today? We got jobless claims amidst a relatively dry economic board and the ‘hike’ in that data saw a slump in yields across the board, with tech res…

First things first – last week’s Wheel of Fortune competition (guess the puzzle w/ no letters – 80s theme song the clue) was won in blazingly fast fashion by Jujhar Sohi – as promised, recognition in the View! Well done! The short week has now concluded and it was the bears getting rick-rolled as equities took another leg higher and further distanced themselves from what was once known as resistance. After trading sideways for some time, the market has entered you cant stop it you can only hope…