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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...

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...

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...

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 can...

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...

All three indexes--the Dow, S&P 500, and the Nasdaq--advanced to record levels today, with the Dow as the sole index to close at an all-time-high. The market overall was fueled by optimism on Q3 earnings results and trade discussions between the US and China which...

The market turmoil that rocked the end of 2018 led Wall Street to speculate that perhaps 2019 was not going to be the best year as most investors would have hoped. It turns out that the doom-and-gloomers missed the mark by a mile, as 2019 saw a continuation of the...

Happy Halloween Everybody! Apple and Facebook may have released stronger-than-expected earnings results, but that wasn’t enough to stop the markets from falling, as US-China trade negotiations took center stage.   According to Bloomberg, Chinese officials have voiced...

The S&P 500 closed at a record high following a triple dose of stronger-than-expected economic reports.    First, the ADP jobs report showed that the private sector added 125,000 jobs this month. Economists were expecting only 100,000 new jobs.   Second, GDP in...

The S&P 500 hit a new record high before backing off and closing below today’s open. So far, the low interest rate environment (here and abroad), trade deal optimism, and strong Q3 earnings have been the tailwinds supporting the current bull market across all...