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Take a Breather

Take a breather. Markets took a day of rest yesterday to contemplate Wednesday’s spring and wait for the Federal Reserve’s uneventful release. Equity markets closed mixed around breakeven while crude oil continued its slip and bonds traded off. With very little in the way of stimulus yesterday,...
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Wall Street Approves, For now, at Least

Wall Street Approves, For now, at least. After the largely expected election results were out, in which the Dems retook the house and GOP retained control over the Senate, traders elected to buy buy buy sending equity markets straight up. The S&P 500 closed right around its high of session, well...
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Good to Know

Good to know. Markets rose yesterday in anticipation of the US midterm elections being over in a low volume day. Do you hear that? It is a sigh of relief because now we know. We know for certain what the pollsters have been predicting for many months. The Democrats have regained control of the...
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Stay Focused!

Stay focused! Focus is the name of the game on this morning of mid term elections. It’s hard to think that the only game in town is the election that will happen today… but it’s not. To be clear, elections are extremely important and everyone should get out and vote. But what will the results of,...
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It’s A Marathon

It’s a marathon. Stocks slid on Friday after bad guidance from Apple, trade fears, and a strong economic number. Wait, “did he just say STRONG economic number” you ask. I sure did, but more on that in a bit. Apple released earnings after the close on Thursday and, as reported in my Friday’s note,...
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Timing is Everything

Timing is everything. Twitter, not the stock, but the application was the leading driver behind a solid market rally yesterday as President Trump tweeted positively about a phone call with Chinese President Xi. With very little positive market news buyers appeared exhausted yesterday morning as...
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FAANGS Out!

FAANGS Out! Count Dracula would have been proud yesterday as the FAANGS led markets higher in a Halloween rally that capped off a spooky month for investors. Facebook sparked the fire and was up +3.8% and the sharp upward move was followed by Amazon (+4.4%), Apple (+2.6%), Netflix (+5.6%),...
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