Pain Management

Pain management.  Stocks were hit hard in yesterday’s session as Coronavirus fears sharpened.  All of the major equity indices are in correction territory and bond yields continue to make historic lows.   N O T E W O R T H Y   Not-to-do list.  Let’s get it out of the way first.  This has…

Blood Drawn

Blood drawn. Stocks traded lower yesterday giving up early-session gains as traders continue to fear the spread of COVID-19. Housing in the US remains strong but that was not enough to revive stock buying.   N O T E W O R T H Y   On the “cusp”, off the cuff. Equities started yesterday’s session in the…

Gravity

Gravity.  Stocks were hit for a second session yesterday as the CDC warned about the virus’ “inevitable” spread. Investors piled into safe asset bonds pushing yields to record lows.   N O T E W O R T H Y   That’s it?  Yep, that’s it, just 1.35% to loan your money to the US Government for…

Tight Spot

Tight spot.  Stocks tumbled yesterday as investors learned that Covid-19 is not just a China thing.  More and more companies are reporting concern about the virus’ effects on performance.   N O T E W O R T H Y   The not-so-bad:  OK, so the Dow Jones Industrial Average lost over -1000 points in…

Dipped.

Dipped.  Stocks sold off on Friday on fears of COVID-19’s spread outside of China increase. Weak PMI’s brought the bears back to the markets.   N O T E W O R T H Y   Neutral is your friend. For those of you that work with me on a regular basis, you have probably heard…

Breathe… Strategically

Breathe… strategically.  Stocks traded down yesterday as investors were reminded that COVID-19 could have business impacts.  A Fed official threw water on the prospect of emergency rate cuts.   N O T E W O R T H Y   Take my lead.  Of the many economic indicators, a few stand out as long time…

Zig Zag Zig…

Zig zag zig….  Stocks zigged up yesterday as China pumped more economic stimulus into its economy and newly reported cases of COVID-19 appear to be slowing.  The Fed is happy with its policy and homebuilders are busy, really busy.   N O T E W O R T H Y   A tale of two…

Supercharged.

Supercharged.  Apple took a bite out of the equity markets yesterday after it announced that it would miss guidance as a result of the Coronavirus. Investors remain cautiously optimistic about the virus’ impact on stocks, despite warning signals.   N O T E W O R T H Y   Applesauce.  As reported here yesterday morning, Apple announced…

Where There’s Smoke

Where there’s smoke. Stocks ended up mostly unchanged on Friday ahead of the three-day break as investors remained unsure about what impact the virus might have on company performance.  Consumers appear to be confident but they might be buying less.   N O T E W O R T H Y   The numbers beyond the…

Lingering Effects

Lingering effects.  Stocks slipped yesterday, pausing from their ascent to fresh highs, as investors re-evaluated, once again, the risks of the Coronavirus.  Stock investors are still not sure if this latest leg up in the market is justified but they remain cautiously optimistic.   N O T E W O R T H Y   Too rich…