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Out with a Bang!

Out with a bang! Perhaps “out with a tweet” is a better headline, as markets capped the worst year for equities since 2008 with a rally sparked by a Trump tweet suggesting great progress in negotiations with China. Though it was a nice way to end a turbulent year, it was not enough to erase the...
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Still in a Fog

Still in a fog. Stocks could not find their way on Friday as they veered on and off the path throughout a volatile session. Stocks traversed the gain loss line throughout the day, ultimately giving up early gains and closing slightly in the red. Though it may be uncomfortable for some, the best...
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Better Late Than Never!

Better late than never! Christmas showed up a day late for equities as they surged in record point gains. The Dow Jones Industrial Average rose over 1000 points (+5%) in yesterday’s session which was the largest point gain as well as the largest post-Christmas rally in history. From a percentage...
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Got Coal?

Got coal? Investors hoping for a last minute Santa Claus rally got a big fat lump of coal on Tuesday as stocks had their worst Christmas Eve… ever! Investors were still assessing the damage in the wake of the FOMC meeting last week, when Treasury Secretary Steven Mnuchin decided to let the world...
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Humbug!

Humbug! 'Twas the week before Christmas and all was not calm, tensions were high, and then came the bomb. The Fed said “two more” and that made traders sore. And then from the hill came a clash over a wall, leaving markets no choice but to selloff and fall! Markets sold off again on Friday as...
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Fear Factor

Fear factor. Stocks fell in yesterday’s session as traders continued to protest the Fed’s less-than-supportive move on Wednesday. Expectations were high that the Fed would provide a hero-like rescue for declining asset prices in what was shaping up to be one of the worst Decembers on record for...
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Disappointment in Who-ville

Disappointment in Who-ville. Traders expecting Powell to usher in a late Christmas rally got the Grinch, and they didn’t like it. Markets tumbled from daily highs after the Fed raised rates and lowered hike projections next year. “Wait”, you say, "the Fed lowered expectations for hikes next year...
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