Shake it up, shake it down. Stocks pulsed higher yesterday as investors decided that the virus outbreak no longer concerned them. The budget deficit continues to rise but this is not the 1980’s, so investors shrug it off. N O T E W O R T H Y I’ll gladly pay you Tuesday…
Peaked. Markets ended yesterday’s session mostly unchanged as investor interest in the Coronavirus, now officially named COVID-19, turned the corner. Fed Head Jerome Powell told lawmakers that he is happy with current interest rate policy and that the Fed is monitoring the virus closely. N O T E W O R T H Y…
Full sails! Stocks rose yesterday as some workers got back to work in China while the Coronavirus continued its spread. The S&P500 found a fresh high as crude oil found its 1-year low. N O T E W O R T H Y Heads AND tails? These are unique times indeed! No, I…
Infection reflection. Stocks slipped on Friday breaking a 4-day winning streak as investors contemplated the costs of the Coronavirus. A strong jobs report was not enough to curb the selling. N O T E W O R T H Y Heads or tails. Investors have been trying to make heads or tails of…
All you can eat. Stocks rose further into uncharted territory on Chinese trade announcements, earnings, and just plain, bold optimism. The Coronavirus may hurt global economic growth but stock investors are hungry for more record returns. N O T E W O R T H Y Round and round it goes… Lately, stock…
28 seconds later. The bulls are back and stocks legged higher on reports that researchers have found a potential treatment for the Coronavirus. The US services sector showed signs of optimism in the latest PMI releases. N O T E W O R T H Y Unflappable. Just two weeks ago, that’s 336…
It’s electric. Stocks soared yesterday as dip buyers took comfort in China’s economic inoculation. The NASDAQ powered up to new all time highs with the help of Tesla’s high flying stock, and no one really knows the reason. N O T E W O R T H Y Who’s in the driver seat?…
Break time. US Stocks took a rest today, trading up as investors digested Friday’s bitter-pill selloff. Manufacturing may be on the mend and crude oil keeps falling down a slippery slope. N O T E W O R T H Y Build it and they might come. But then again, they might not….
A storm on the horizon. Stocks plunged on Friday as equity investors finally took note of the Coronavirus. The UK became single, finally exiting the EU after they were together for 47 years. N O T E W O R T H Y Temperature is rising. Just when you thought it was safe…
