Deal or no deal

Deal or no deal.  In a news filled day, stocks rallied on Friday driven by an interim agreement between the US and China.  Consumers remain confident and the Fed wants us to know that they still have our backs.  …

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One Bumpy Ride

One bumpy ride.  Stocks climbed yesterday on renewed hope for a trade deal as China sent positive signals.  High hopes for high level talks which begin today drove yesterday’s rally.   MY TWO CENTS   A long strange trip.  Writing…

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Nervous Habit

Nervous habit.  Stocks fell sharply yesterday as the US sanctioned Chinese companies for human rights violations raising investor concerns that a trade deal might be far off.  Even Chairman Powell’s calming words were not enough to turn stocks around.  …

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Stuck in the mud

Stuck in the mud.  Last week’s comeback in stocks stalled yesterday as investors turned their attention back to trade talks with China.  Mixed signals about potential progress between the US and China kept bulls on the sidelines.   MY TWO…

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Getting to work

Getting to work.  Stocks traded sharply higher on Friday on good employment figures.  Friday’s market moves topped off a week of volatility on mixed signals from the US economy giving both bulls and bears some hope.   MY TWO CENTS…

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The Cavalry Approaches

The cavalry approaches.  Scary economic data was not going to push markets down yesterday because the Fed will come to the rescue… so goes the theory.  Stocks fell on bad economic data but recovered and closed in the black on high…

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October chill

October chill.  Stocks dropped yesterday as recession fears gripped traders.  Tuesday’s weak manufacturing number combined with an unexpectedly weak employment number spooked investors.   MY TWO CENTS    Halloween’s early arrival.  October has always been an interesting month for the…

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Swing and a miss!

Swing and a miss!  Stocks plummeted yesterday on weak manufacturing data, increasing fears of a recession.  Stocks quickly erased early gains when data showing a second month of contraction in manufacturing hit the tape.   MY TWO CENTS    Our survey says:…

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