A Shot In The Arm

A shot in the arm.  Stocks rose yesterday after the World Health Organization called the Coronavirus a global health crisis… go figure.  The US economy grew slightly more than expected in the fourth quarter, but there were some troubling numbers behind the growth.   N O T E W O R T H Y  …

What Lies Behind The Mask

What lies behind the mask.  Equities closed mostly flat yesterday as earnings offset lingering fears of the Coronavirus outbreak.  The Fed held interest rates steady and offered a few hints about the future.   N O T E W O R T H Y   Well-Fed.  The Fed has spoken… or was it just a…

Fever Broke?

Fever broke?  Stocks roared back yesterday displaying immunity to the continued spread of the Coronavirus.  Economic numbers show that consumers are confident and durable goods purchases were strong owing to military spending.   N O T E W O R T H Y   Poker face.  It’s Fed day!  The Federal Open Market Committee will announce…

Keep Calm, Stagger On

Keep calm, stagger on.  Stocks sold off in their largest single day downswing in almost four months over fears that the Coronavirus is spreading.  Housing numbers missed the mark but investors focused their attention on travel and gaming stocks… and their Purell.   N O T E W O R T H Y   The…

Going Viral

Going viral.  Stocks sold off on Friday as news about new cases of Coronavirus gave traders panicky symptoms.  An overbought market was looking for reasons to take a break.   N O T E W O R T H Y   Just can’t shake this shaky feeling.  I have made no secret about my discomfort with recent…

Comfortably Numb

Comfortably numb.  Markets closed mixed yesterday as virus fears abated and mixed earnings trickled in.  A weak economic indicator was largely ignored and stocks gave up earlier losses.   N O T E W O R T H Y   It’s just a number.  Or is it?  The Conference Board is a non-government think tank…

28 Hours Later

28 hours later.  Stocks posted a mixed close yesterday as worries over the Coronavirus faded. Housing continues to shine as Existing Home Sales jumped last month, the strongest in almost two years.   N O T E W O R T H Y   28 weeks later.  I am not referring to the 2007 cult…

Infectious

Infectious.  Stocks pulled back yesterday after the CDC reported its first case of the Chinese Coronavirus.  Boeing announced that its 737 Max would return to service later than expected, upsetting investors yet again.   N O T E W O R T H Y   Employees must wash their hands…It takes a lot to derail the…

Taking Numbers

Taking numbers.  Stocks rose to new new highs on Friday on positive economic data and raw bullishness.  Builders are building more leaving investors wondering if that is good news or something to be concerned about.   N O T E W O R T H Y   Bubblicious.  Builders are investors at their core.  Sure,…

Let It Ride

Let it ride.  Stocks climbed to new highs yet again as investors believe in a bright trade future. NAFTA 2.0 was approved by the Senate in a rare show of bipartisanship.   N O T E W O R T H Y   It was twenty years ago today.  Where were you twenty years ago?…