Category Archives: Uncategorized

Exuberance Fades As Tech Wreck Continues

[Chart courtesy of MarketWatch.com] Moving the markets Overnight exuberance, caused in part by the discovery that Friday’s story from ABC about former national-security advisor Flynn was “fake news”, only had a temporary market moving effect. But clearly helping the bullish … Continue reading

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Bounce Back Thursday

[Chart courtesy of MarketWatch.com] Moving the Markets After skidding two days in a row, the major indexes bounced back and erased their recent losses with the S&P ending the session at the same level where we closed on Monday. Giving … Continue reading

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Lack Of Tax-Overhaul Progress Whacks Sentiment

[Chart courtesy of MarketWatch.com] Moving the Markets While the major indexes suffered their biggest one-day percentage drops since September, as MSM reports, we have to remember that, when looking at the entire 2017 YTD performance, today’s 0.5% pullback is hardly … Continue reading

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No Market Report

Due to my continued travels, there will be no market report today. Regular posting will resume tomorrow afternoon.

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One Man’s Opinion: Argentina Issues 100-year Bond. What Could Possibly Go Wrong?

By Simon Black Apparently while I was in the air yesterday flying between Asia and Europe, the financial system proved once again that it believes in magic beans. The latest absurdity is that the government of Argentina sold $2.75 billion … Continue reading

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Nasdaq Slips But Dow And S&P 500 Edge Up

Due to the shortened pre-holiday session, there will be no market report today but only an update to our Trend Tracking Indexes (TTIs): The TTI’s were mixed with the Domestic one slipping a tad while the International one gained solidly. … Continue reading

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