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Place Your Bets

Place your bets. Equity markets barreled higher yesterday as investors decided that trade issues and tariffs were not so bad, after all. What we have talked about for so long finally became a reality yesterday as the Dow Jones Industrial Average made a new high close after watching the summer...
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Late Summer Sizzle!

Late summer sizzle! That was the name of the game for many stocks yesterday as ebbing trade fears fueled a rally. No specific progress on talks was to be found but the fact that the latest round of tariffs and taxes from both sides appear to be less than expected. My regular readers should not be...
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Trade War of Words

Trade war of words. You were warned that picking market direction is a difficult, if not a foolish, endeavor. The more obvious something seems, the less likely it is to play out in the markets. Yesterday was one of those “learning” days for home-gamer traders. Recall the late session trade bluster...
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The Art of the Deal

The art of the deal. Ever wonder what happens in the big glass conference rooms between competing multinational corporations in their fight to be… the biggest? One needs only to follow the drama in DC to get a pretty good example. Equity markets tried in earnest to gain ground in the beginning of...
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Straighten Up and Fly Right

Straighten up and fly right. Equity markets proved that the trade worries monkey cannot easily be thrown from its back on a wild Friday flight. Markets started the day in euphoria mode resulting from the mere hint of positive trade sentiment on Thursday and as traders began to confirm their weekend...
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No Tariffs, No Worries

No tariffs no worries. Stocks rallied on hopes of a trade resolution yesterday with the Dow, S&P, and NASDAQ clocking in some impressive gains. The session started off with some weaker than expected inflation data in the Consumer Price Index, which showed a monthly gain of +0.2% and yearly gain of...
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Zig Zag

Zig Zag - went the markets yesterday as they appeared to find and lose their way several times throughout the session. The day started out with some encouraging news in a benign, lower than expected Producer Price Index. Good enough for a positive but muted open. The Dow dipped into the red by...
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