Up, up and away!

Up, up and away!  Stocks rose again in yesterday’s session after receiving positive economic news and the potential for a Canadian trade deal.  In fact, stock traders were really looking for excuses to buy yesterday as momentum and animal spirits…

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Rolling with it

Rolling with it.  Equity markets were able to float into a positive close yesterday, though the animal spirits of prior sessions took a well-deserved break.  On a quiet, low volume day the S&P500, the Russell 2000, and the NASDAQ 100…

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Flying High

Flying high.  Both the S&P500 and NASDAQ 100 closed at new highs yesterday helped along by the announcement of a US Mexico trade deal… of course momentum helped a bit as well.  The S&P500 muscled to a new high once…

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Happy Days!

Happy Days!  The S&P500 is back on top!  Fed Chief Jerome Powell said just enough to spur the large cap index to elevate itself to a new high close.  Interestingly, Powell really didn’t provide any new revelations.  He actually repeated…

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Sitting Bull

Sitting Bull.  No, not the famous Lacota Leader of Little Bighorn Battle fame.  I am talking about the market, of course.  Yesterday’s news cycle was a battle between, what many were calling, the longest bull market in history and the…

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What’s in a number?

What’s in a number?  Well, if that number happens to be the all time high set by the S&P500 Index back in January, it might be the number that traders aim for when attempting to spur a me-too rally causing…

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Somethings gotta give

Something’s gotta give.  Yesterday, being a quiet news day, allowed traders to follow on positive sentiment and rally equity indices and bonds (yes you read it correctly, bonds).  The day started with some M&A news as Pepsi announced its intention…

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Weak Week

Weak week.  Last week was one marked with weakness in foreign currencies, weakness in the case for sleep-deprived tweeting (see Tesla), and weakness in the sectors that have done the bulk of the pulling of equity markets in the currently…

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