Month: August 2019

Futures reverse down as China puts tariffs on the U.S. in a retaliatory measure. Powell yaps today. Thrilled yet that we cannot have a day with central bank or trade noise? Our stance remains…China is a bad player but this administration has read China all wrong. They are not lying down and are not going…

Good day yesterday but after scanning 1500 names, 200 sectors, every country…any rally continues to be narrow in that there is just not a lot of leadership. To sustain rallies, you need to be more broad based. So…let’s hope this narrowness changes. SOFTWARE had a great day as a few names edged out of range…

Market sells into close yesterday. Gets it back on a gap today. Germany sells 30 year bonds negative…economy contracting…market up. Central banks in hyper-drive now lowering rates and the president calling for more printing of money here after railing against Obama and Bernanke for their easy money. TGT with the big gap on strong numbers….

Futures are flat. No really. No 300 points to the upside or 500 points to the downside. We are not as thrilled as some with the latest jack to the upside. but we recognize Powell got some things going on this week and the great socialist President Trump jawboning Powell for not only lowering rates…

Random thoughts: Many have it all wrong on this Israel story. Many asking the question who wins and who loses. Many asking whether it hurts Israel with some saying it definitely will. Got some news for them. Israel, the miracle in the Middle East will continue to go on its merry way. 263 miles north…