Game Day

Game day.  Stocks slid yesterday ahead of today’s big announcement as traders learned, via Twitter, that all may not be so good in Shanghai.  The Fed will drive markets today, but yesterday it was all earnings and Trump… and maybe…

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The Waiting Game

The waiting game.  Equities had a mixed day as traders awaited a Fed decision and a surge of economic and corporate data.  With little domestic data to ponder traders turned their eyes overseas and were not sure they liked what…

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Rate Debate

Rate debate.  Stocks sold off yesterday on disappointing earnings and ECB ambiguity.  Earnings misses after Wednesday’s close overshadowed positive ones in yesterday morning’s pre-bell procession and the ECB failed to provide true clarity on rates, causing markets to sell off.…

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Forward March!!

Forward march!!  Stocks closed mixed yesterday with the S&P500 reaching a new all time high as investors sorted through a flood of mixed earnings.  Weak economic data and Department of Justice inquiries were ignored with a yawn by unstoppable bulls.  …

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A Sea of Green!

A sea of green! Stocks rallied yesterday on news of a US-China face-to-face meeting and upbeat earnings.  Traders were too excited to focus on anything bad yesterday, pushing stocks up close to their all time highs.     MY TWO CENTS…

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Joyful Sentiments

Joyful sentiments.  Stocks posted modest gains yesterday as investors continued to press go, knowing that the Fed will have their backs.  With no real news, decent earnings, potential advances in trade discussions, and the upcoming Fed meeting traders bought stocks. …

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Summer is here….on Wall Street

Summer is here… on Wall Street.  Stocks slumped on Friday as disappointed bulls received clarification from the NY Fed, that its President was not signaling a 50 basis point rate cut.  Traders were too quick to react to a speech by a…

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Mixed Signals

Mixed signals.  Stocks were up slightly yesterday amid mixed earnings and renewed trade fears.  Stocks spent most of the day in the red but managed to climb into the black on the heels of some positive news in manufacturing and…

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Days of Reckoning

Days of reckoning.    Stocks slipped yesterday as mixed earnings results, weak economic numbers, and trade fears gave traders reason for pause.  Earnings season is here, and it’s time for companies to show their stuff.   MY TWO CENTS    Is…

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