Initial reaction to China Tariff and Powell speech
As we have been suggesting, the market is in no-man’s land and both sets of news items are having a very mixed impact on the stock, bond and currency…
Read MoreTactically sitting tight
In our opinion, at the opening this morning, the market looked like it was going to rip higher, only to give back the early strength based on (1) a…
Read MoreOne month does not make a trend, but…
U.S. Manufacturing activity contracted in August, dropping below 50 for the first time since September 2009.
Read MoreBullish individual investor sentiment increases for the 2nd week
Bullish sentiment increased in the latest poll but still remains well below bearish and neutral levels.
Read MoreMorning market thought ahead of Fed speak
Good morning. The market remains choppy ahead of all the Fed speak from their annual conference in Jackson Hole, WY. Each business channel is abuzz with each Fed President…
Read MoreExisting-home sales rise to highest level since February
Lower mortgage rates helped to provide a boost to home sales in July.
Read MoreNot much change in newsletter writer sentiment
Even with the Dow Jones Industrial Avg. suffering its worst day of the year last week, newsletter sentiment stood pat in the latest poll.
Read MoreCNBC’s “Fast Money” spot yesterday
I was able to discuss what is going on with Bond Market, why people focus on an inversion of the yield curve, and how to identify when the Fed…
Read MoreStill have a face for radio
I will be on CNBC’s “Fast Money” tonight at 5:25pm EST to update where we are in the tactical correction and why our fundamental core thesis remains positive. Hope…
Read MoreTactical no-man’s land ahead of Fed speak
The market rally over the past two days has been almost as dramatic as the 3% drop that preceded it, and neither may be “signaling” anything regarding direction. We…
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