Bond Market Perspectives: Tide Turning in 10-Year Treasury Futures

Speculators who built the biggest net short position on record in 10-year Treasury futures have reversed course. As shown in the LPL Chart of the Day, non-hedging traders’ net short position in 10-year futures decreased for five straight weeks through October 30, the...

Market Update | November 13, 2018

Macro View Daily Insights Stocks pause after back-to-back weekly gains. After rebounding from October’s volatility spike over the past two weeks, investors used negative headlines tied to a few bellwether firms in the U.S., along with political tensions in Europe and...

Is Gridlock Good for the Markets?

This question is being asked a lot following last week’s midterm election results, in which the Republicans held onto the Senate and the Democrats claimed control of the House. In one sense, these results may not matter for U.S. stocks. As shown in LPL’s Chart of the...

Market Update | November 12, 2018

Macro View Daily Insights Strong Q3 earnings season nearly in the books. With 90% of S&P 500 Index companies having reported, S&P 500 Index earnings growth is tracking to an impressive 27.9% year-over-year increase, the highest growth rate since the fourth...

Weekly Update—Midterm Rally Buoys Weekly Gains, China Woes Continue

US: S&P 500 Index +2.1%, Dow +2.8%, Nasdaq +0.7% Europe: STOXX Europe 600 +0.5%, German DAX +0.1% France CAC 40 +0.1%, U.K. FTSE 100 +0.7% Asia: Japan Nikkei +0.0%, China Shanghai Composite -2.9%, Korea KOSPI  -0.5% Rates/Commodities: 10-Year Treasury yield -3...

Market Update | November 9, 2018

Macro View Daily Insights LPL Market Signals Podcast. In our latest episode, listento LPL Financial Chief Investment Strategist John Lynch and Senior Market Strategist Ryan Detrick discuss why the S&P 500 Index’s tumultuous October doesn’t dampen our optimism for...