Category Archives: Market Commentary

China Retaliates—Global Markets Get Clobbered—Stocks Plunge Most In 2019

[Chart courtesy of MarketWatch.com] Moving the markets The basic law of physics tells us that any ‘action’ is followed by an equal or greater ‘reaction.’ This became very clear today when, after Trump’s threat of additional tariffs last week, the … Continue reading

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The Circus Continues: When Terrible News Is Good News; And Bad News Is Bad News

[Chart courtesy of MarketWatch.com] Moving the markets Sometimes you just have to laugh out load. Today was such a day, as data showing that US Manufacturing dropped to its weakest in 10 years, or more specifically since September 2009. One … Continue reading

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Fed Cuts Rates But Disappoints Wall Street—Markets Tank

[Chart courtesy of MarketWatch.com] Moving the markets The Fed did what was expected by cutting interest rates by 0.25% for the first time in 11 years. Of course, on Wall Street, expectations don’t mean much, unless you beat them. The … Continue reading

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Slumping On Weak Earnings

[Chart courtesy of MarketWatch.com] Moving the markets While the major indexes recovered form an early session dump, they pretty much repeated yesterday’s theme by slipping and sliding below the unchanged line without much directional conviction. A mixed earnings picture today, … Continue reading

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Ahead Of The Fed: Markets Limp Along

[Chart courtesy of MarketWatch.com] Moving the markets While the earnings season continues, traders were more concerned with what the Fed will decide regarding interest rates, when it concludes its two-day meeting on Wednesday. Will they deliver another hoped for sugar … Continue reading

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Scrambling Below The Unchanged Line

[Chart courtesy of MarketWatch.com] Moving the markets There was not much upward momentum to be found in the equities markets, as Europe set the negative tone early on with all indicators sliding into the red. The major indexes followed suit … Continue reading

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