Still in a Fog

Still in a fog.  Stocks could not find their way on Friday as they veered on and off the path throughout a volatile session.  Stocks traversed the gain loss line throughout the day, ultimately giving up early gains and closing…

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Better Late Than Never!

Better late than never!  Christmas showed up a day late for equities as they surged in record point gains.  The Dow Jones Industrial Average rose over 1000 points (+5%) in yesterday’s session which was the largest point gain as well…

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Got Coal?

Got coal?  Investors hoping for a last minute Santa Claus rally got a big fat lump of coal on Tuesday as stocks had their worst Christmas Eve… ever!  Investors were still assessing the damage in the wake of the FOMC…

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Humbug!

Humbug!  ‘Twas the week before Christmas and all was not calm, tensions were high, and then came the bomb.  The Fed said “two more” and that made traders sore.  And then from the hill came a clash over a wall,…

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Fear Factor

Fear factor.  Stocks fell in yesterday’s session as traders continued to protest the Fed’s less-than-supportive move on Wednesday.  Expectations were high that the Fed would provide a hero-like rescue for declining asset prices in what was shaping up to be…

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Walking on Eggshells

Walking on eggshells.  Markets sold off yesterday over Fed rate hike fears, potential economic slowdown, and an increasingly more frequent use of the word “recession”.  Following Friday’s selloff traders could not quite get their emotions in check during yesterday’s session…

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Checking Out

Checking out.  Traders headed for the exits on Friday as bad news from Asia and the EU heightened fears of an economic slowdown in the US.  China and the US made progress on their pursuit of deescalating the trade war…

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Ho Hum

Ho hum.  Announced the stock market in yesterday’s session as progress on trade talk with China was largely ignored resulting in a largely flat close.  Stocks began the day with a surge on the heals of good news from the…

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