The dog days of summer trading are here and the market is a mixed bag. The leading sectors of the last few weeks have been utilities and REITs – both defensive. Stock indices have generally moved higher over the last week except the Russell 2000 which faded lower into Friday’s close – a leading indicator […]
Tag: $TSLA
Stocks vs Bonds
The sentiment on Wall Street has started to sour as trade tensions weigh on the market and the uncertainty it may breed among corporate America. The tariffs against China went into effect on Friday and who knows what we will get in response over the weekend or early next week. It is only on $34B […]
Waxing the Brazilian Economy
The U.S. stock markets continued to move higher as we move past the Q1 correction of 2018. However, there was a hiccup on Thursday as the Brazilian stock market dropped 8% in one day! Why? As U.S interest rates move higher there is a butterfly affect on emerging economies that link their currencies to the […]
Holding the Line
This past week has been very choppy, unpredictable and taxing to those who watch the tape. The good news is that we tested the 200 day for most of the week and it held with a good close on Thursday to end the first quarter of 2018. Wether we crash from here or re-gain our […]
Rising Rate Fears Awaken Volatility
The stock market largely received good economic data and earnings this week which was a reminder that interest rates are likely to normalize (rise) in the coming 12-24 months. This wouldn’t be such a big deal if the Fed had begun rising interest rates a few years ago but now the market is beginning to […]