Weak Week

Weak week.  Last week was one marked with weakness in foreign currencies, weakness in the case for sleep-deprived tweeting (see Tesla), and weakness in the sectors that have done the bulk of the pulling of equity markets in the currently…

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Don’t worry be happy!

Don’t worry be happy!  Equity markets rallied yesterday with high hopes that a meeting with low level Chinese trade officials scheduled for next week will end the ongoing trade rift between the US and China.  The markets were so elated…

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Testing the Limits!

Testing the limits!  Adorning the fronts of theaters and playbills are the highly recognized drama masks depicting one frowning and one smiling mask.  This symbol, in fact, goes back to ancient Greece and is still relevant today not only for…

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Bubble Trouble?

Bubble trouble?  Traders decided to put Turkish contagion behind them yesterday driving equities up throughout the session.  The S&P500 closed just below its session high essentially erasing the losses from Manic Monday (see chart 4).  The Dow Jones Industrial Index…

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Manic Monday

Manic Monday!!  A song written by Prince and popularized by The Bangles also happens to be the term that best describes yesterday’s equity markets.  Equity markets followed on Friday’s weakness sold off and closed near session lows as they were…

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In the thick of it

In the thick of it.  Equity markets took a pause in the latter half of last week as indices posted a mixed close on Friday.  Traders weathered a raft of corporate earnings, political upheaval, unheard of levels of jawboning, and executive…

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Cue the rhetoric

Cue the rhetoric – start jawboning in 3, 2, 1…  The S&P500, Dow Jones, and NASDAQ took a well-deserved breather yesterday while the small-cap RUSSELL 2000 set its sights on recent highs.  The S&P500 still managed to close above the important 2800…

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