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Wealth 101
November 1, 2019
The sugar rush is over
The sugar rush is over. Stocks slipped yesterday on weak manufacturing data and some new trade uncertainty. Chile will not host the APEC summit at which China and US were set to sign a phase one agreement but the President assured us that a deal will get signed.
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October 31, 2019
A little off the top
A little off the top. stocks rallied yesterday in response to an expected rate cut by the Fed. The US economy is slowing but still growing, providing cold comfort to investors.
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October 30, 2019
A big day, indeed!
A big day, indeed! Stocks were off slightly yesterday as investors weighed in on earnings and awaited the Feds next move. Consumer confidence may be waning but still remains in a good place.
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October 29, 2019
The scary climb
The scary climb. Stocks advanced yesterday with the S&P500 closing at an all-time high as earnings worked hand-in-hand with headlines to cheer on the bulls. Earnings are beating expectations and the trade deal is ahead of schedule.
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October 28, 2019
Happy Friday
Happy Friday. Stocks rallied on Friday on good earnings and more trade optimism. Good headlines dominated, pushing the S&P500 to new intraday highs.
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October 25, 2019
Take it slow
Take it slow. Stocks closed mixed yesterday in response to mixed earnings and mixed economic data. More rumblings from the British Parliament and a hyped-up speech by the VP were largely ignored.
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October 24, 2019
Fine tuning
Fine tuning. Stocks ended the day slightly up as investors dealt with mixed earnings reports. Ignoring the chatter out of Washington has been getting increasingly difficult but stock investors continue to look away.
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