Ready to Launch

Ready to launch.  Stocks snapped a four-day winning streak as traders digested news of a last-minute cancellation of a military strike on Iran.  The increased tensions between the US and Iran hit a high point on Friday dampening the positive…

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Hot to Trot

Hot to trot.  Markets climbed on continued optimism that the Fed is looking out for them.  Even the threat of conflict with Iran in the wake of a downed US drone couldn’t hold risk-on sentiment back.   MY TWO CENTS…

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Lean On Me!

Lean on me!  Stocks rallied moderately yesterday as the Fed reassured traders that rate cuts could come soon.  The Federal Reserve took a reserved approach and kept rates unchanged but made it quite clear that they are leaning towards future…

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Good Vibes

Good vibes.  Stocks climbed yesterday because traders liked what they heard from Mario Draghi and President Trump.  Dovish statements by the ECB President stoked the markets and a Trump tweet pushed stocks to within arms length of all time highs.…

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Holding Pattern

Holding pattern.  Stocks remained in a holding pattern ahead of the Fed meeting and next week’s G-20 meet-up.  Stocks advanced slightly yesterday amidst speculation over rate cuts, despite an ominous economic number.   MY TWO CENTS    F.O.M.O. at the…

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Stuck in the Middle

Stuck in the middle.  Stocks did a bunch of nothing on Friday as traders, with not much to do, await audibles from the Fed and the outcome from G-20 trade talks.    Despite interesting economic data, stocks traded marginally lower…

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Crude Language

Crude language.  Stocks climbed yesterday on troubles in the Gulf and gaining hopes for a Fed rate cut.  It was another twisted case of bad is good as stocks climbed on news of two tankers being torpedoed at the mouth…

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Flash Point!

Flash Point!   Stocks slumped yesterday as tensions about trade ran high and energy continued to slip.  Stocks could not muster the positive spirits for a second day in a row as traders cross their fingers for a trade deal and…

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Takin’ it slow

Takin’ it slow.  Stocks ended their winning streak yesterday as traders pondered trade war impacts and Fed policy.  With very little news to consume, investors relied on China policy and twitter to drive the market.   MY TWO CENTS  …

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Up-Timism

Up-timism.  Traders were optimistic in the wake of Trump’s decision to drop his tariff threat to Mexico and they took stocks up for a fifth straight session.  Despite early session excitement the still-looming threat of the Chinese trade dispute dampened…

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