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Ready to launch. Stocks snapped a four-day winning streak as traders digested news of a last-minute cancellation of a military strike on Iran. The increased tensions between the US and Iran hit a high point on Friday dampening the positive momentum brought on by Wednesday’s Fed announcement.

Hot to trot. Markets climbed on continued optimism that the Fed is looking out for them. Even the threat of conflict with Iran in the wake of a downed US drone couldn’t hold risk-on sentiment back.

Lean on me! Stocks rallied moderately yesterday as the Fed reassured traders that rate cuts could come soon. The Federal Reserve took a reserved approach and kept rates unchanged but made it quite clear that they are leaning towards future rate cuts.

Good vibes. Stocks climbed yesterday because traders liked what they heard from Mario Draghi and President Trump. Dovish statements by the ECB President stoked the markets and a Trump tweet pushed stocks to within arms length of all time highs.

Holding pattern. Stocks remained in a holding pattern ahead of the Fed meeting and next week’s G-20 meet-up. Stocks advanced slightly yesterday amidst speculation over rate cuts, despite an ominous economic number.

Stuck in the middle. Stocks did a bunch of nothing on Friday as traders, with not much to do, await audibles from the Fed and the outcome from G-20 trade talks. Despite interesting economic data, stocks traded marginally lower in Friday’s session.

Crude language. Stocks climbed yesterday on troubles in the Gulf and gaining hopes for a Fed rate cut. It was another twisted case of bad is good as stocks climbed on news of two tankers being torpedoed at the mouth of the Persian Gulf sending energy shares higher yesterday.