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Daily Market Note

Game Day

Game day. Stocks slid yesterday ahead of today’s big announcement as traders learned, via Twitter, that all may not be so good in Shanghai. The Fed will drive markets today, but yesterday it was all earnings and Trump… and maybe a touch of Brexit.
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Daily Market Note

The Waiting Game

The waiting game. Equities had a mixed day as traders awaited a Fed decision and a surge of economic and corporate data. With little domestic data to ponder traders turned their eyes overseas and were not sure they liked what they saw.
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Daily Market Note

On high but shaky ground

On high but shaky ground. Stocks were driven higher Friday on good earnings and strong economic data. Despite not all of Friday’s news being good, stock traders forged ahead to new highs for some indexes.
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Daily Market Note

Rate Debate

Rate debate. Stocks sold off yesterday on disappointing earnings and ECB ambiguity. Earnings misses after Wednesday’s close overshadowed positive ones in yesterday morning’s pre-bell procession and the ECB failed to provide true clarity on rates, causing markets to sell off.
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Daily Market Note

Forward March!!

Forward march!! Stocks closed mixed yesterday with the S&P500 reaching a new all time high as investors sorted through a flood of mixed earnings. Weak economic data and Department of Justice inquiries were ignored with a yawn by unstoppable bulls.
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Daily Market Note

A Sea of Green!

A sea of green! Stocks rallied yesterday on news of a US-China face-to-face meeting and upbeat earnings. Traders were too excited to focus on anything bad yesterday, pushing stocks up close to their all time highs.
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