The Main Outcome from the Tradewar is China (Headlines) Driving the US Economy and the Market Sentiment? Overnight futures are up strong on news (isn’t this getting tiring, yet?) that China and US have agreed to lift tariffs on each other at the same time, at the same rate. Big win…for whom? This protracted trade (more…)
This Feel-good Ride is Not Going to be Easy! The trade war related headlines seems to be the only game in town…for now. And, it can be as wild as a trigger happy tweet! No bear signs in the sight, but the bull ride could be due for a breather. Until clarity emerges on the (more…)
Is that a Bull Attempting another Peak? With news coming out of China contradicting (or proving, yet again, the desperate attempts to mislead people by our own government) the hype of “imminent deal (phase1, temporary, sham…what ever you might want to call it, depending on your political inclinations and/or preferences), markets may not necessarily be (more…)
Uncharted Territory… As we wrote last week, the bullish narrative instantly shifted from the Fed to the Trade war, and the “optimism”/”hype” surrounding it. This fueled the S&P 500 Index to record highs, and the overnight futures seem to be stop-hunting the shorts. With the index now sporting a P/E ratio in the neighborhoods of (more…)
NFP and ISM to Jolt the Markets Out of the “Stuck” Range? Non-Farm Payrolls and the ISM Manufacturing data releases this morning could potentially blast the markets out of the range (3010-3050) they have been stuck in for a while now. The weekly options expiration could throw a wrench into that, though, with artificial spikes (more…)
The Trade War is Back in the Headlines, Again (Our headline yesterday read: “Economic Release Overload to Give Way to Renewed Trade War Focus Ahead?”)! “…with a slew of other economic releases slated for the day – expect a “power wash” of current speculators to occur in the afternoon. And, then, of course markets likely (more…)
Economic Release Overload to Give Way to Renewed Trade War Focus Ahead? With the GDP and FOMC Rate Decisions looming ahead in the day, and with BOJ and CAD rate decisions coming out as well – with a slew of other economic releases slated for the day – expect a “power wash” of current speculators (more…)
Sweet or Sour? We wrote yesterday morning, “the markets seem poised to explode higher IF they can clear the historic high this week”, and we didn’t have to wait for the week to unfold – S&P 500 registered a new record high within hours of our post (preemptive disclaimer: no, we do NOT think we (more…)
Markets Poised to Explode Higher or Meltdown Lower this Week! With most of the key earnings pointing to no imminent recession risk, and with no major geopolitical headlines to rattle the nerve, the markets seem poised to explode higher IF they can clear the historic high this week. If a failure occurs at this level, (more…)
Directionless Markets Not Getting Any Help from Earnings With the earnings not providing much clear direction and with everything else taking back seat (trade war and geopolitical headlines, anyone?), the markets are trading in a listless fashion. The S&P 500 seems stuck between the 2990 and 3015 broad range for a while. Expect the main (more…)
