More leftovers? Stocks rose slightly on no real news. Trade talks hit an impasse but bulls keep charging ahead, unawares of mounting risks. MY TWO CENTS: What did he say, exactly? It was supposed to be the big distraction. That media event that “legit” news services would run in lieu of the ubiquitously…
Stuck in the middle. Stocks rose slightly yesterday as the President offered nothing new on discussions with China. Larger morning gains were given up in response to Trump’s speech. MY TWO CENTS Should have / could have. President Trump’s speech yesterday came with high expectations. You have read all too often my gripes about…
Reaching altitude. Stocks closed down yesterday on trade talk uncertainty. The Dow Jones closed up slightly as Boeing announced that MAX deliveries will restart next month. MY TWO CENTS A tight, tight rope. As we enter the final weeks of the trading year, investor sentiment remains positive, if not hopeful. The S&P500 is…
The heat is on. Stocks closed out last week with modest gains after the President raised doubts about a trade deal. Early gains were lost after Trump’s comments but equities clawed their way back into the green. MY TWO CENTS What was supposed to be a quiet day. I often lament in my writing…
Much ado about nothing. Stocks surged yesterday on positive trade news and more strong employment figures. Investors remain bullish about trade but wonder when a deal will actually happen. MY TWO CENTS Stipulations? Negotiations between the US and China have been going on for some time with many ups, downs, starts, and stops. So…
The search is on. Stocks ended flat in yesterday’s session as investors searched for news to trade on. Stocks gave up early gains on concerns over the pending trade deal. MY TWO CENTS A big production. Economists try to simplify everything in order to get down to the core drivers behind something as…
Hangin’ on. Markets took a break yesterday, eking out some modest gains, as investors digested Monday’s big moves. Interesting news regarding a trade deal was not enough to organize the bulls for a second day. MY TWO CENTS FOMO – Fear Of Missing Out is a real thing and doesn’t necessarily only apply to teenagers…
A photo finish! Major indexes rallied to all time highs yesterday on trade optimism. The path of least resistance is up, up, up with decent earnings, trade progress, and a vigilant Fed. MY TWO CENTS Where there’s a will. Maybe both sides have had enough pain and decided that it’s time to play nice. There…
Labor of love. Stocks rallied on Friday, rejoicing a stronger than expected jobs number. Stocks ended the week in a happy place with two thumbs up from the Fed and a still-strong labor market. MY TWO CENTS Work it out! On Friday, the Department of Labor Statistics released its monthly employment situation report….
The sugar rush is over. Stocks slipped yesterday on weak manufacturing data and some new trade uncertainty. Chile will not host the APEC summit at which China and US were set to sign a phase one agreement but the President assured us that a deal will get signed. MY TWO CENTS Santa Claus…
