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Ho Hum

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...
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Dare to hope

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...
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Up, down, all around

Up, down, all around. Markets were very choppy yesterday principally driven by news on the China trade front and news from the Oval Office (if you could call it that). Markets started the day digesting positive news that China would resume soy bean purchases and were considering removing tariffs on...
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U Turn

U Turn. Stocks reversed course after a morning of selling with the S&P500 bouncing off the 2018 low close made back in April. As the session began on an already weakened leg from Asian trade, news that Britain’s Prime Minister Theresa May was postponing a Brexit vote in Parliament hit the news...
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Into the basement

Into the basement. Sellers pushed stocks into the cellar on Friday as fear over trade and the yield curve loomed over the markets. Friday morning’s economic releases painted a positive picture of job growth (although newly added non-farm payrolls were slightly less than expected) with the...
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Whipsaw!!

Whipsaw!! There is no better way to describe yesterday’s equity markets than to use the old Wall Street description. Traders awoke yesterday to see the last hopes of a post G-20 rally fade away as news of Huawei CFO Meng Wanzhou’s arrest in Canada hit the tapes. As reported here yesterday morning,...
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