Friends   It was another sloppy day for stocks as hand wringing over the effects of tariffs continues to be the dominant theme of the week so far. Again, stocks were probably looking for a reason to cool off a bit and this week’s tariff headlines have given profit...

Friends   It was not a good day for stocks and given the fact that we were due to cool off a bit anyway, the confusing tariff headlines provided a good reason to sell. Whether it was which country, what percentage, or when the tariffs will actually take effect, market...

riends   I forgot to mention yesterday that today’s trading session ended at noon. It was a short session, but a good one for the bulls. This morning’s non-farm payroll number came in better than expected with 147,000 new jobs created in June. The unemployment rate...

Friends   It was a rather strange reaction to a very soft ADP private payroll number this morning. Instead of adding 100,000 payrolls the private sector actually saw a contraction of 33,000 payrolls. Stocks not going down is really not a surprise these days but yields...

Friends   The dogs were barking today. On this first trading day of the 3rd quarter we saw many of the “dogs of the Dow” lead the market average higher. Stocks that have not done much all year finally saw a little buying support from market participants. Will it last?...