Category Archives: Market Commentary

Moving From Optimism To Pessimism, But Markets Recover

[Chart courtesy of MarketWatch.com] Moving the markets As this chart shows, news about the coronavirus played havoc with market direction over the past 3 days, with optimism causing rallies and pessimism pulling equities back down. The overall impact was relatively … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

Snapping The Winning Streak

[Chart courtesy of MarketWatch.com] Moving the markets Sometimes, any reason will do for the markets to pull back, especially after they’ve been on a relentless tear. Today, news of the first case of the coronavirus in the U.S. seemed to … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

Surfing On A Wave Of Optimism

[Chart courtesy of MarketWatch.com] Moving the markets While yesterday’s initial market reaction to the signing of the Phase-1 US-China trade deal was merely a yawn followed by a modest sell-off, today things looked different. Optimism was soaring with the major … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

Losing Support And Slipping Into The Red

[Chart courtesy of MarketWatch.com] Moving the markets The major indexes recovered from an early slide, headed higher and touched new records, when news of trouble in the US-China deal put an end to the bullish theme and south we went. … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

Touching New Records

[Chart courtesy of MarketWatch.com] Moving the markets The bullish mood continued with the S&P and Nasdaq setting new records, while the Dow briefly crossed its 29k marker but backed off later in the session. Supporting the ramp higher was news … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

And The Bullish Beat Goes On

[Chart courtesy of MarketWatch.com] Moving the markets After the opening bell, the major indexes continued their attack into record territory, as the attention moved from Iran to the latest in the U.S.-China trade agreement. It appeared that the tensions in … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment