In a relationship

In a relationship.  Stocks rallied for a second straight day on renewed trade hopes as China appears to be holding out an olive branch.  Despite some disappointing GDP figures and earnings results investors were elated that the US and China were…

Read More

Joy riding

Joy riding.  Stocks rose yesterday as no bad news on trade hit the tape.  Crazy UK politics was not enough to upset investors who took the glass half full view and bought equities.   MY TWO CENTS   1.  A…

Read More

Seesaw.

Seesaw.  Stocks reversed early gains yesterday to close in the red as the bond market challenged the President’s claims.  No trade news left investors debating whether or not a phone call actually came from China over the weekend and ultimately…

Read More

Up, down, to, and fro.

Up, down, to, and fro.  Markets bounced yesterday on the President’s reporting that China wants a deal.  In the wake of last Friday’s disastrous session for stocks, Trump’s warmer tone offered a reprieve from the fear trade.   MY TWO CENTS…

Read More

Regrets, I’ve had a few

Regrets, I’ve had a few…. Stocks plunged on Friday in response to a trade war escalation while the Fed attempted to instill confidence.  Friday’s session was a roller coaster brought on by a series of Trump tweets, which overshadowed Powell’s dovish…

Read More

A view of the mountains

A view of the mountains.  Stocks posted a mixed close yesterday as traders awaited the Jerome Powell’s Jackson Hole speech this morning.  Surprisingly weak economic news and hawkish comments by some Fed officials were not enough to douse the dovish…

Read More

Shopping, not stopping

Shopping, not stopping.  Stocks rose yesterday as retail showed resolve in earnings.  Consumers continue to shop, keeping the retail sector and the economy moving forward.     MY TWO CENTS    Split decision.  Investors were left somewhat stunned, if not…

Read More

Give me a sign

Give me a sign.  Stocks pulled back slightly yesterday as investors await some direction from the Fed.  A pile of confusing statements by the President left traders scratching their heads wondering if what he said was good or bad for…

Read More

Retail Therapy

Retail therapy.  Stocks traded higher on Friday as investors looked to buy cheap stocks while bond yields finally stopped falling.  Bond buying finally relented on Friday and stock investors stepped in to buy the dip even in the wake of…

Read More