Market Snapshot – Tuesday 11.12.19

Market Snapshot – Tuesday 11.12.19

The event that markets were anticipating was President Trump’s speech at the New York Economic Club. Trump’s comments were generally taken positively as they conveyed a sense of progress regarding US-China negotiations toward a trade deal though no details had been...
Market Snapshot – Monday 11.11.19

Market Snapshot – Monday 11.11.19

Very little happened on the domestic front as today is Veterans Day, a market holiday, and the US stock market was closed (index futures, however, were trading) with nothing in the way of major economic reports.   The Dow advanced 0.04% or 10.25 points, ending the day...
Market Shorts 11.08.19

Market Shorts 11.08.19

Stocks hit record highs on trade optimism—here’s where 3 experts stand on what’s ahead  Source: CNBC “U.S. and Chinese trade authorities agreed Thursday to a plan that would roll back existing tariffs on each side’s goods…Experts said the move would undoubtedly...
Market Snapshot – Friday 11.08.19

Market Snapshot – Friday 11.08.19

If the Dow, S&P 500, and Nasdaq surged to new record highs yesterday on US-China trade optimism, then all three pulled back today as that optimism waned. That’s the thing about headline risk driving market sentiment–one can take you up as easily as another...
Market Snapshot – Thursday 11.07.19

Market Snapshot – Thursday 11.07.19

Headline risk worked in favor of the markets today as investors cast off safety in bonds to pile on risk in equities following reports that the US and China have agreed to gradually roll back some of the existing tariff load.   China’s Commerce Ministry spokesperson...