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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...

Crude behavior. Markets took traders on a wild ride yesterday as a market on edge before a Fed decision was hit with multiple rounds of information. Equities opened with a positive rush in response to better than expected housing numbers, an apparent easing of the White House stance on a government...

Walking on eggshells. Markets sold off yesterday over Fed rate hike fears, potential economic slowdown, and an increasingly more frequent use of the word “recession”. Following Friday’s selloff traders could not quite get their emotions in check during yesterday’s session as all the major indices...

Checking out. Traders headed for the exits on Friday as bad news from Asia and the EU heightened fears of an economic slowdown in the US. China and the US made progress on their pursuit of deescalating the trade war announcing tariff cutbacks but that wasn’t enough to ease traders’ tensions about...

Ho hum. Announced the stock market in yesterday’s session as progress on trade talk with China was largely ignored resulting in a largely flat close. Stocks began the day with a surge on the heals of good news from the Chinese government which has been not only talking positively but actually...

Dare to hope. Stocks traded up in yesterday’s session on hopes that the Chinese trade dispute is on a positive track. Fueled with news that Xi Jinping would rework its China 2025 plan to be more friendly to US concerns along with promises that soybean purchases from US farmers would resume, markets...