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What goes up...

What goes up… Stocks sold off yesterday as the phase one trade deal appeared to be in peril. Stronger earnings from retailer Target and Lowe’s helped the sector recover somewhat from Tuesday’s slump
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Merchandising mayhem

Merchandising mayhem. Stocks pulled back yesterday on worrisome retail earnings. Investors were still wondering whether we will ever see a comprehensive trade deal with China.
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Frothy

Frothy. Markets continued to melt up yesterday despite questions about a trade deal. A closed door meeting at the White House caused speculation in the bond market. MY TWO CENTS 1. The big disconnect. I just can’t help myself. They say ignorance is bliss… and I believe it. There are days when I...
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Off to the races

Off to the races. Stocks raced to new highs after Larry Kudlow, stock whisperer, willed indexes up. Mixed to bad economic numbers were largely put aside in favor of trade talk optimism.
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Drying paint

Drying paint. Stocks were barely changed yesterday as US - Chinese trade talks stall. The Fed offered no new hints of stimulus and appears to be happy with the status quo.
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More leftovers?

More leftovers? Stocks rose slightly on no real news. Trade talks hit an impasse but bulls keep charging ahead, unawares of mounting risks.
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Stuck in the middle

Stuck in the middle. Stocks rose slightly yesterday as the President offered nothing new on discussions with China. Larger morning gains were given up in response to Trump’s speech.
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