Category Archives: Market Commentary

Surviving October, AKA The Bull Market Killer

[Chart courtesy of MarketWatch.com] Moving the markets Despite the Fed’s market pleasing efforts yesterday, it appears that the US-China trade talks, or rather the lack thereof, have enough power left to affect market direction. Such was the case this morning … Continue reading

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Fed Cuts Rates And Pleases Markets

[Chart courtesy of MarketWatch.com] Moving the markets As was expected, the Fed cut interest rates by 0.25%, and analysts were salivating all over the language in the accompanying statement, in order to see what might have been said different this … Continue reading

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Slipping Ahead Of The Fed Announcement—Will History Repeat Itself?

[Chart courtesy of MarketWatch.com] Moving the markets After an early bounce, the markets pulled back with the Nasdaq suffering the most after Google’s disappointing earnings, which followed a few days later after Amazon showed a quarterly report card that was … Continue reading

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Unbridled Optimism Propels Equities

[Chart courtesy of MarketWatch.com] Moving the markets President Trump set the tone early on for today’s rally by suggesting that “today will be a good day in the stock market,” and just in case the computer algos missed his prediction, … Continue reading

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Seesawing—But Limping Higher

[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s last-minute pump, to get the major indexes to a green close, finally made sense, when it became known that the Fed had injected $134 billion in liquidity in the repo markets. This … Continue reading

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Chopping Around Key Technical Levels

[Chart courtesy of MarketWatch.com] Moving the markets Despite disappointing results from Boeing and Caterpillar, the markets managed an early ramp higher but were not able to sustain it, as a slow deterioration of upward momentum pulled the major indexes back … Continue reading

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