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Reality check. Flying high markets took a break from their ascent yesterday as a dose of reality was served up by the IMF, China, and trade negotiators. Equity markets have been on somewhat of a tear since hitting lows in late December as the Fed backed off its aggressive rate hiking stance and...

No worries. Hope continued to be the central theme on Friday as markets continued their climb for a fourth session in a row. News of continued talks between the US and China fueled the risk-on sentiment in the markets as reports that China would ramp up its purchases of US products in order to...

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...