ProfessionalsBulls vs Bears. The old-as-time battle between the legendary Wall Street spirit animals continued yesterday with Bulls on top… but it was not clear who would win earlier in the session. Stocks continued their rocky path yesterday starting the session…
Up, Down, Repeat
Up, Down, Repeat. Yesterday’s markets could have been a featured ride at your favorite theme park as it catapulted investors straight up, wrenched them straight down, only to bounce them up again. Yeah, it was that kind of day. Metaphors…
Slippery Slope
Slippery slope. Markets slipped once again in Friday’s session despite a solid read on GDP, which continues to show strength in the US economy. Disappointing earnings calls from Amazon and Alphabet/Google were the primary drivers of the broader selling. Friday’s…
Best Foot Forward
Best foot forward. Markets behaved the way they are expected to yesterday responding to a series of strong earnings reports before the bell. The rally was actually sparked on Wednesday as Microsoft and Tesla announced strong earnings after the market…
No Quarter
No quarter. Markets took no prisoners yesterday as equities continued their recent rout with some indices erasing all of their 2018 gains. Investors have been dealing with the convergence of many pent up fears regarding the economy and the markets,…
Anything Goes!
Anything goes! Yesterday’s session was not one for those prone to motion sickness as stocks sank early on only to rip (trade up) later in the day and close slightly down. The Dow Jones Industrial Average was down as much…
Digging In
Digging in. In response to massive Chinese government jawboning over the weekend, Chinese equity markets shot up and dazzled like a firework but failed to win over US investors. All except the NASDAQ, which was the only one of the…
Back to Square One
Back to square one. Last week was not necessarily one for the record books but it was certainly one fraught with lots of extreme movement for very little return. The major equity indices all ended the week roughly unchanged as…
Stormy Weather!
Stormy weather! “Don’t know why there is no sun up in the sky”… declares the 1933 song and many stock investors in yesterday’s session. The rout in equities can be attributed to a number of stimuli including weak markets in…
Hawk Squawk
Hawk squawk. There is an old Wall Street line (yes we have many of them) that says “don’t fight the Fed”. What it means is that if the Federal Reserve is easing rates, bonds and eventually stocks will rally. It…
