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Now That's The Spirit!

Now that’s the spirit! Markets rang in the holiday season with a decisively positive day yesterday as holiday spirit ignited traders’ hopes of a year-end rally. Traders put down their last leftover turkey sandwiches as early reads on the holiday season retail came in showing healthy growth. Saudi...
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Turkey Haze

Turkey haze. Traders could not muster the energy to rally stocks on Friday’s short session as they pressed the sell button from their couches. Friday’s abridged session finished off what was the worst Thanksgiving week in years as crude oil plummeted and trade fears rang through the markets. The...
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Holiday spirits

Holiday spirits. After a few rough sessions, stocks attempted to show some bull spirit, trading in the green for most of Wednesday's session only to close mixed on the day. Seller exhaust was met with value seekers’ quest for bargains as traders grabbed for the badly bruised FANGS, retail stocks,...
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Cold Turkey

Cold Turkey. Yesterday, speculative traders gave up on the dip buying strategy, cold turkey, as stocks sold off leaving both the Dow and S&P in the red for the year. Markets started the day on their heels, still reeling from Monday’s tech rout, when a spate of disappointing retail earnings hit the...
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FAANG Bang!

FAANG bang! Equity markets sold off yesterday led by the once-loved tech sector in a continuous stream of bad news. Some high flyers in the technology sector were still reeling from a spate of negative news that hit the tape last week. Most notable is tech sector leader in spirit and weight: Apple....
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Familiar Faces

Familiar faces. Markets closed mixed with a slightly positive sentiment on Friday as traders juggled with mixed, but very familiar signals from Administration officials, tech companies, and the Fed. As if to provide analysts with talking points for their year-end reviews, some of this years top...
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