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Hope as a strategy. Hope for positive progress on anything in DC these days seems to be slowly fading, so when an unconfirmed headline from the Wall Street Journal comes out at 2:30 in the afternoon stating that the Administration is considering rolling back Chinese tariffs to jumpstart...

Bank run!! Stocks ran up in yesterday’s session led by strong earnings from the left-for-dead banking sector. After a difficult year in which the banking sector was down by -18% (it was down as much as -23%), banks are showing signs of picking up as they showed investors that they can achieve and...

Peking Goose! Markets were goosed by a Chinese government tax cut and pledge for more stimulus to help the country through its current soft patch. In a somewhat tumultuous news day stocks traded in the black for the entire session pulling back several times only to close on or near session highs....

Chinese squeeze. Stocks took their cues from Asian markets as Chinese trade balance slipped. As reported here yesterday morning Chinese trade data reflected that not only did exports fall by -4.4% but also imports slipped by -7.6%. The unexpected slowdown adds to the list of signs that the second...

A day of rest. Friday marked a day of rest for stocks as markets pulled back slightly in the wake of an impressive 5 day winning streak. Equities started the day in the red and slowly climbed throughout the session closing just short of breakeven. Benign CPI data that was released Friday morning...

Patience is a virtue. Markets rallied for another day as Fed speakers led by Powell doveishly proclaimed their patience. As the government shutdown entered its 20th day, investors focused on the positives and not the negatives as a steady stream of Federal reserve speakers underscored the recent...