Fed interest rate a “neutral” position for now All eyes are on Fed interest rates and commentary coming out of a Chicago meeting held yesterday- in which Fed Chairman Jerome Powell indicating a “neutral” position and that he is...
Read MoreBest day in four months for major stock indices As of this midday writing, major stock indices are all up over 1.5%, — their best day in four months. This comes on the heels of consecutive weeks down, six for the Dow, the longest losing streak...
Read More
Underwhelming data on U.S. manufacturing activity Market anxieties around trade, global growth and the deepening of the yield-curve inversion are revisited after investors see underwhelming data on U.S. manufacturing activity. Tariffs on Mexican...
Read MoreA great buying opportunity from both a technical and fundamental standpoint When athletic shoe retailer, Foot Locker (FL) reported earnings last week, the stock tumbled some 15% and has continued to slide over the following days. I think it is...
Read More
Recovery session today U.S. markets are reaching for a recovery session today as investors react to positive first-quarter GDP data for the U.S. economy. China's PMI index will reflect a contracting manufacturing sector Those keen on keeping tabs on...
Read More
Markets are particularly sensitive to headlines today Major U.S. indices traded lower at the onset of today’s trading session, and markets are particularly sensitive to headlines today, including a long-awaited official statement from special...
Read MoreLooking forward after Memorial Day The passing of Memorial Day, with its historical weight, is also a time to look forward — to the light and carefree days of summer. While some have used this turning of the season to clear “sell in May and go...
Read More