Not So Fast

Not so fast.  Stocks were unable to sustain Friday’s bounce with 3 of the major indices closing lower in yesterday’s session.  The S&P500 attempted to hold on to gains but was unable to and ultimately closed down on the session.…

Read More

Ricochet Markets

Ricochet markets.  Equity markets stabilized and put in a solid session of gains on Friday after 2 difficult sessions mid week.  Though the gains were welcomed, equity indices were still down on the week.  Friday’s bounce was led initially by…

Read More

The Heat is On!

The heat is on!  It was another tough day for… everything except gold and bonds.  And that sentence should paint the big picture of fear selling.  Gold has always historically been the ultimate safe haven when risk assets are under…

Read More

Tech Wreck!

Tech wreck!  Yesterday was a tough day for equities with the major indices suffering some of their greatest losses since earlier this year as the S&P500 lost 3.3%, the Dow Jones Industrial Average fell 3.1%, the Russell 2000 slipped by…

Read More

Jitters

Jitters.  Markets had a volatile session yesterday as last week’s drivers persisted. The Chinese central banks cutting rates this weekend, rising Italian bond yields, and last week’s surge in interest rates  caused the markets to spend much of the session…

Read More

Push Pause

Push pause.  Equity markets ended last week in the red capping off a difficult week for the bulls. Stocks were still reeling from the rapid decline in Treasuries when Friday’s employment situation number came out and caused further selling.   Newly…

Read More

Reality Check

Reality check!  Equities traded off sharply yesterday in response to rising yields and renewed trade fears.  Reports of Chinese manufacturing companies embedding chips capable of spying on US companies into their products caused many to fear that a trade war…

Read More

Rate Fate!

Rate fate!  Equities muscled ahead yesterday with the Dow making new highs once again. Continued good feelings from last weekend’s trade progress with the USMCA (US Mexico Canada Agreement), an upbeat jobs number, and dovish Fed-speak are credited with the…

Read More