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Chipping away. Markets closed mixed yesterday after having an emotional morning. Yesterday’s session started out with solid earnings but for an interview with White House Economic Advisor Wilbur Ross in which he said that a Chinese - US deal was “miles and miles away”. Markets didn’t like that, as...

Stayin’ Alive! Markets managed to hang on and pull out of a midday dive and close in the black, largely propelled by earnings. Washington DC seems to be doing everything possible to keep the equity markets at bay with no resolution to the shutdown in sight, mixed messages about a Chinese trade...

Reality check. Flying high markets took a break from their ascent yesterday as a dose of reality was served up by the IMF, China, and trade negotiators. Equity markets have been on somewhat of a tear since hitting lows in late December as the Fed backed off its aggressive rate hiking stance and...

No worries. Hope continued to be the central theme on Friday as markets continued their climb for a fourth session in a row. News of continued talks between the US and China fueled the risk-on sentiment in the markets as reports that China would ramp up its purchases of US products in order to...

Hope as a strategy. Hope for positive progress on anything in DC these days seems to be slowly fading, so when an unconfirmed headline from the Wall Street Journal comes out at 2:30 in the afternoon stating that the Administration is considering rolling back Chinese tariffs to jumpstart...

Bank run!! Stocks ran up in yesterday’s session led by strong earnings from the left-for-dead banking sector. After a difficult year in which the banking sector was down by -18% (it was down as much as -23%), banks are showing signs of picking up as they showed investors that they can achieve and...