Friends  Stocks rallied early on news of China tensions easing (we get this one about every other day) and a benign CPI number. As the morning wore on stocks added to their gains, but of course met some resistance midday. The bulls were able to keep the averages above...

Friends  It was another extremely volatile day for stocks. News that things were softening of the trade front with China sent stocks soaring more than 300 Dow points at the opening of trading this morning. But a free for all at the White House between The President...

Friends  Another volatile session to start the week. Stocks tumbled throughout the morning with the Dow falling 500 points, breaking 24,000 for some time. The S&P, in the meantime pierced the 2600 support level and fell quickly to February's lows. But, as the day...

Friends   After the bulls finally had a good week last week, the bears basically erased all that hard work in four trading sessions this week. Once again the 2602 October low for the S&P 500 appears to be a magnet for technicians. We continue to test it. Will it...

Friends  When does down 79 points in the Dow feel good for the bulls. Well, when earlier in the day the Dow was down 784 points. Stocks sold off hard again at the open and continued to cascade lower throughout the morning. Finally, it appears that the sellers...

Friends  Well, that was ugly. Stocks cascaded downward throughout the day as traders continue to fret about inverted yield curves, trade deals (or lack thereof), and a slowing economy. You know the drill, as big moves happen, technical levels are violated and...

Friends  Stocks rallied on upbeat news that came from the weekend meeting between the White House team and the Chinese contingent with regards to trade. Though no concrete agreement was produced, additional tariffs were put on hold and concessions appear to have been...

Friends  It ends up being a very good week for the bulls. First, the Fed delivered the more moderate/dovish message that the markets were hoping for, and as we enter the weekend, there is hope that some sort of trade agreement will come out of the G20 summit. So,...

Friends  After yesterday's rally, stocks were vulnerable to any type of negative news. After a soft opening, stocks rallied on news that the President was feeling like a deal with China could get done this weekend, should he feel like dealing. But almost immediately...

Friends  It appears that all Fed Chair Powell had to do was give the Fed a little leeway with regards to future rate hikes, and the bulls would run again. In his presentation to the Economic Club of New York, the Fed Chair delivered the slightly more dovish view of...

Friends  After stocks had posted nice gains to begin the week, yesterday just at the close, came news of a Wall Street Journal interview with President Trump where he reiterated his intentions to go forward with tariffs if things don't go well this week with the...

Friends  After Friday's miserable half session performance, stocks rose at the sound of the opening bell this morning and held the gains, and even added to them, as the trading session wore on. There was no real catalysts for the rally (as there was really no catalyst...

Friends  Stocks rallied in the first hour of trading and it appears that everyone went home after that. There was a dead cat bounce in some of the tech names early on, but some of those gains bled away as the afternoon wore on (as did the gains on the Dow). On the...

Friends  You know, if you really look at the numbers, retailers are actually delivering very good earnings reports this week, but given the environment for stocks none of that matters. Once again stocks took it on the chin today as early selling had stocks languishing...

Friends  It was another difficult start to a week, as stocks slumped early and continued to lose altitude throughout the trading session (except for a quick bounce at 2:00). Today's Housing Market Index report showed considerable weakness as future sales are being...