Slippery Road Ahead

Slippery road ahead.  Stocks ended yesterday’s session in the green as investors Googled the term “rare earth element”.  It was a light news day for the trade war giving stocks a chance to climb after two days of falling.   MY TWO CENTS    Tariffs are the new diplomacy. WHILE YOU SLEPT, President Trump tweeted his…

Counter Attack!

Counter attack!  Stocks were hit with a one-two punch yesterday as China fought back in the war of words and traders started to heed the warnings of the bond market.  Stocks spent the day under water as trade jitters and recession fears ruled the session.   MY TWO CENTS    The fight is getting real! A…

The Top Line

THE TOP LINE   No hope for the slope!  Stocks fell yesterday on more trade jitters after comments made by the President spooked investors.  Strong consumer sentiment numbers were not enough to keep stocks above water and the yield curve continues to ring the warning bell.   MY TWO CENTS   The yield curve inversion is…

Which Way is Up?

Which way is up?  Stocks traded up on Friday as traders scraped up bits of hope that a speedy deal will be reached with China.   Stocks gave up early gains on a positive Trump comment but still managed to close in the black on the lowest volume day of the year.   MY TWO…

No Quarter

No quarter.  Stocks gave no mercy to investors yesterday as trade fears and disappointment in the Fed sent shares lower.  Continued fallout from the Huawei ban sent chip manufacturers down and increased crude supply put the energy sector into a tailspin.     MY TWO CENTS:    All is not OK with the economy.Yesterday’s economic releases…

Stress Mess

Stress mess.  Stocks slid yesterday as trade tensions continued to weigh on traders and the Fed seemed content with rates just as they are.  Tuesday’s optimism gave way to stress as investors began to think about a potential trade retaliation from China. WHAT YOU NEED TO KNOW: 1)  The Fed is, or was, happy with…

Temporary Relief

Temporary relief.  Stocks rallied yesterday on news that the Commerce Department would give temporary exemptions to some companies impacted by the Huawei ban.  Despite the trade talk standstill, hopeful traders reversed much of Monday’s selloff in technology, which led markets higher. WHAT YOU NEED TO KNOW: 1)  BREXIT, your favorite topic, is back.  English Prime…

Chip Whip!

Chip whip!  Stocks fell yesterday propelled by fallout from the escalating trade war as the reality of technology sanctions began to set in.  The technology-heavy sectors bore the brunt of selling in yesterday’s session as companies complied with the Huawei ban. WHAT YOU NEED TO KNOW: 1)  China is not happy!  WHILE YOU SLEPT, the…

The Trade Fade

The trade fade.  Stocks were all over the map on Friday, opening lower on trade fears, climbing into the black on positive trade comments, and ultimately closing in the red because trade problems are still not resolved.  It was a down-up-down day for stocks in which high consumer confidence along with positive progress on trade…

War of Words

War of words.  Stocks rallied for a third day in a row as hope for a trade deal and a Fed rate cut dominated the session.  Despite the executive order banning US companies from dealing with Chinese equipment makers, traders remained optimistic that a trade deal could get done thanks, in part, to comments made…