Archive for category: Market Commentary

Trade Hopes

Friends  Word that the trade war with China has been put on hold for the time being, and that a framework for a trade deal was being in the works had futures higher overnight and sent stocks higher at the open. Understandably, big industrial and technology names were some...

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Tough Day

Friends  It was a quiet day in the markets, and given the tragic events that unfolded at the Santa Fe High School this morning, we’ll just give you the numbers and respectfully call it a day.  By the close, the Dow Jones Industrial Average was up 1 point to...

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Renewed Trade Concerns vs. Good Data

Friends  Despite continued favorable economic data, market participants seemed more concerned with renewed trade war concerns during today’s trading session, as stocks drifted into negative territory and remained there at the close. After the series of gains, the bulls have been able to string together, a slight pullback is...

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Bulls Push Higher

Friends  With a nice industrial production number in their back pocket, the bulls tried to rally stocks numerous times today, but with little success. The market averages did finish in positive territory but it was a struggle, and quite frankly not very impressive. The shock of having the 10...

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Bulls Squeak Out Another Gain

Friends  Stocks added to their winning streak, but like Friday it was in less than convincing fashion. With no damaging headlines to deal with, stocks advanced at the open, with the Dow sporting a more than 100 point advance. But, the rest of the day saw the market averages...

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Stocks Plow Ahead, Ignore Worries

Friends  Despite the hand wringing about potential fallout from the Iran deal, and worries about the effects of rising oil prices on the economy, stocks rallied in late morning trading and held on to most of those gains as the afternoon wore on. Helping the market averages was the...

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Little Reaction to Iran Deal

Friends  As expected, and as promised, the President announced today that the U.S. is withdrawing from the Iran deal. Oil prices gyrated, especially after rumors midday that the President was not going to withdraw from the Iran deal, but ended lower for the session. Stocks did sell off when...

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