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Progress Principle. Stocks rallied yesterday in response to word that progress is being made in US - China trade talks. Stocks started yesterday’s session in the green following positive overseas moves which began in Asia as investors’ hopes for some resolution on trade increased. Though the rally...

Friendly gestures. With trade being top of mind for investors these days any positive advances on trade talks between the US and China could help to firm up markets and that is precisely how yesterday’s session for equities played out. Stocks rose yesterday as trade talks were kicked off between...

Three checks! Stocks surged on Friday in response to hopes for a trade resolution, a strong jobs number, and happy talk from Fed Chief Jay Powell. Confirmation of a face to face meeting with China, the first since a 90 day truce was called in December, gave stocks an early boost on Friday leading...

Sauced. Markets took a beating yesterday as Apple lowered 4Q guidance and a key economic indicator failed to please. As reported here yesterday Apple issued guidance after Wednesday’s market close stating that they were cutting revenue estimates to $84 billion from $91.3 billion. The predominant...

One bad Apple! Stocks eked out small gains after opening deeply in the red yesterday. Traders awoke to lower stock futures as indexes slid in Asia over trade worries and the Dow was down over 300 points within minutes of the US open, reminding traders that while December is in the rear view mirror,...

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...