Flying Turkeys?

Flying turkeys?  Turkeys may not be able to fly, but US Stocks surely did on Wednesday in preparation for Thanksgiving.  Investors gave thanks on Wednesday as markets reached new highs.   NOTEWORTHY   Economics 101.  There was a flurry of…

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Gotta’ keep moving

Gotta’ keep moving.  Stocks continued their climb yesterday on more trade optimism.  Consumer sentiment slowed a bit but still remains solid. MY TWO CENTS 1. Unflappable.  Ah The Consumer.  My favorite, if not platitudinous, topic.  The term Consumerism is defined differently depending…

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Record Breaker

Record breaker.  Stocks surged to new record highs on trade optimism and mega mergers.  A deal with China inches closer and bulls are betting on big gains for the year-end.   MY TWO CENTS 1. small is BIG.  I, myself am…

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Where there’s a will…

Where there’s a will…  Stocks charged ahead in Friday’s session, trading up on positive sounding messages from both President Trump and President Xi.  Strong earnings from Nordstrom caused a retail sector bounce.   MY TWO CENTS   1. … there’s a way.  In…

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Talk is cheap

Talk is cheap.  Stocks slipped yesterday as investors continued to be uneasy about a phase one trade deal.  Presidential musings kept stock bulls at bay for a third straight session. MY TWO CENTS 1. It takes very little to satisfy.…

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What goes up…

What goes up…   Stocks sold off yesterday as the phase one trade deal appeared to be in peril.  Stronger earnings from retailer Target and Lowe’s helped the sector recover somewhat from Tuesday’s slump     MY TWO CENTS   1.…

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Merchandising mayhem

Merchandising mayhem.  Stocks pulled back yesterday on worrisome retail earnings.  Investors were still wondering whether we will ever see a comprehensive trade deal with China.   MY TWO CENTS 1.  Gimme a sign.   Yesterdays chaos in the retail sector is a…

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Frothy

Frothy.  Markets continued to melt up yesterday despite questions about a trade deal.  A closed door meeting at the White House caused speculation in the bond market.   MY TWO CENTS 1. The big disconnect.  I just can’t help myself.…

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Off to the races

Off to the races.  Stocks raced to new highs after Larry Kudlow, stock whisperer, willed indexes up.  Mixed to bad economic numbers were largely put aside in favor of trade talk optimism.   MY TWO CENTS   1.  Really, people?  Friday…

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Drying paint

Drying paint.  Stocks were barely changed yesterday as US – Chinese trade talks stall.  The Fed offered no new hints of stimulus and appears to be happy with the status quo.   MY TWO CENTS    Infinite loop.  If you…

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