They Earned It

They earned it.  Earnings helped buoy stocks in a low volume session that ended in a mixed close for equity indices in yesterday’s session.  A slew of positive earnings releases before the bell prevented stocks from slipping further on the…

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Steam Rolled

Steam rolled.  Investors were steam rolled in equities as heavy equipment manufacturer Caterpillar missed earnings and gave weak guidance before yesterday’s bell flattening any hopes of a positive day.  To compound the risk off mood, chip manufacturer Nvidia provided negative…

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Chipping Away

Chipping away.  Markets closed mixed yesterday after having an emotional morning.  Yesterday’s session started out with solid earnings but for an interview with White House Economic Advisor Wilbur Ross in which he said that a Chinese – US deal was…

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Stayin’ Alive!

Stayin’ Alive!  Markets managed to hang on and pull out of a midday dive and close in the black, largely propelled by earnings.  Washington DC seems to be doing everything possible to keep the equity markets at bay with no…

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Reality Check

Reality check.  Flying high markets took a break from their ascent yesterday as a dose of reality was served up by the IMF, China, and trade negotiators.  Equity markets have been on somewhat of a tear since hitting lows in…

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No Worries

No worries.  Hope continued to be the central theme on Friday as markets continued their climb for a fourth session in a row.  News of continued talks between the US and China fueled the risk-on sentiment in the markets as…

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Hope as a strategy

Hope as a strategy.  Hope for positive progress on anything in DC these days seems to be slowly fading, so when an unconfirmed headline from the Wall Street Journal comes out at 2:30 in the afternoon stating that the Administration…

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Bank Run!!

Bank run!!  Stocks ran up in yesterday’s session led by strong earnings from the left-for-dead banking sector. After a difficult year in which the banking sector was down by -18% (it was down as much as -23%), banks are showing…

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