Today is the final trading day of the second quarter, and it’s also the final trading day of the first half of 2018. At the halfway point of Friday’s session, stocks are up, and it looks like we are going to finish June on a positive note. However, for the week, markets are still on
Today is the final trading day of the second quarter, and it’s also the final trading day of the first half of 2018. At the halfway point of Friday’s session, stocks are up, and it looks like we are going to finish June on a positive note. However, for the week, markets are still on
Since early March, equity markets have been singing a faint, yet increasingly loud, song that is giving the bulls reason to pause. That song should probably be titled: “Trade War Blues,” and the latest verse includes whiskey, tailpipes and a whole lot of economic tribalism. Last week, stocks traded sharply lower in a completely
Stocks gave back ground this week, and that’s a rational reaction to a development I’ve been warning you about for months. That warning is all about tariffs, a potential trade war and the heated-up rhetoric from the Trump administration, China and Europe. Those risks caused the Dow Jones Industrial Average to suffer its biggest one-week
There’s been a change Yeah there’s been a change of heart Said there’s been a change You push just a little too far You make it just a little too hard There’s been a change of heart — Tom Petty, “Change of Heart” Stocks traded broadly lower this week, and that’s a rational reaction to
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In our last weekly hotline, I told you that this week was a pivotal one for the future of this bull market. The reason why was due to the plethora of potential market-moving events on the slate this week. Well, for the most part, this pivotal week was filled with positives. For example, on Tuesday
In our last weekly hotline, I told you that this week was a pivotal one for the future of this bull market. The reason why was due to the plethora of this week’s potential market-moving events. Well, for the most part, this pivotal week was filled with positives. For example, on Tuesday, we saw the
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