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It's a Small World

It’s a small world. But not in the eyes of the current administration as Trump publicly rejected globalization in his United Nations speech yesterday. The admission served to weaken an already shaky market with investors not quite over their trade fears from Monday’s session. The S&P500 and Dow...
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A Familiar Tune

A familiar tune. It was the all-too-familiar trade tension that crept its way back into the markets yesterday. Before we move on from the blame game, let’s remember that it was trade-related over-exuberance that propelled the Dow and S&P to new highs last week. One might call it a double-edge sword...
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The Summer Wind

The summer wind. Or at least the last puff of it propelled the once lagging Dow Jones Industrials to another new high on Friday capping off a hot summer for stocks. Yes, once again the industrials muscled to a new high as continued euphoria from earlier in the week spilled over into Friday’s equity...
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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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