Friends Stocks got off to a rocky start this morning, but over the course of the trading session the market averages were able to erase earlier losses. Market participants are a bit wary of what Fed Chair Powell will say tomorrow and Thursday in front of Congress....

Friends It will be a busy and interesting week for the markets. Earnings season kicks off this week with the release of Pepsi's earnings tomorrow morning. On the economic front we get a look at CPI data on Thursday and PPI on Friday. But, what might trump any of that...

Friends We had a real dose of good news is bad news for stocks this morning as the non-farm payroll number came in hotter than expected. 224,000 new jobs were created in June, which was more than expected, while the unemployment rate held mainly steady at 3.7%. Wages...

Friends Stocks rallied nicely into the 4th of July holiday during today’s shortened trading session. The ADP private payroll number came in a bit disappointing, but the bulls were not deterred, as stocks climbed to new all-time highs. For the day, the Dow Jones...

Friends As expected, it was a very quiet day of trading. Stocks were able to squeak out a small gain by the close, but volume was light and volatility was muted. We do have the ADP private payroll jobs number tomorrow, and the non-farm payroll number on Friday, so...

Friends   With word that a truce was declared with China and that work on a trade deal would start again, stocks jumped to record highs at the open, in a euphoric start to trading for the 3rd quarter of the year. But, as the session wore on most of those gains...

Friends The bulls were content to sit on their gains as the quarter came to a close today. Market participants will be keeping an eye on developments coming out of the G20 meetings over the weekend, but as we look into the second half of the year (can you believe...

Friends As we mentioned yesterday, in addition to pausing to see what happens at the G20 meeting in Japan, stocks seem to be cautiously navigating the waters into quarter end. Today’s trading session saw little volatility, with the broader market doing better than the...

Friends If you weren’t yet convinced that stocks are moving simply based on expectations that the Fed is going to begin to cut interest rates as soon as the July FOMC meeting, then today’s action should be all you need to see the light. Late in the morning St. Louis...

Friends Well, after all the fireworks last week concerning the Fed and cutting interest rates, not to mention China trade talks and Iranian tensions, today was one of the quietest trading sessions of the year. Stocks traded slightly higher early in the session, but in...

Friends And on the last day of the week the bulls rested. After a hectic week of trading which saw stocks rally to new all-time highs, today’s market action was quite muted. The bulls did attempt a couple halfhearted buying waves, but when all was said and done,...

Friends Market participants slept on it last night and decided that FOMC statement and Chair Powell’s comments yesterday were dovish enough to stir “don’t fight the fed” sentiments. Remember, the Fed would not embark on a round of interest rate cuts if everything was...

Friends First things first- the Fed did not cut the Fed Funds rate today. Ok, we were right about that. What the Fed did do today was grease the skids for a rate cut as soon as the next meeting in July. Citing trade war concerns and lack of global growth as potential...

Friends Nothing like jumping the gun. Stocks rallied mightily today on hopes that the Fed is going to begin to cut interest rates as soon as tomorrow, and on a tweet from the President that he had spoken to Chinese President Xi. Add in departing ECB head Draghi’s...