Equity markets were sent reeling, once again, Monday as trade war concerns and their impact on global growth moved to the forefront once again. What spurred the latest fears was the following headline: Google’s (GOOGL) move to stop licensing its Android mobile operating system to Huawei could deal a huge blow to the Chinese tech giant’s…
Welcome to our weekly State of the Markets video where Seth Golden and Wayne Nelson discuss all aspects of the market, from the macro to the micro. Please click the link to review the video. (54 minutes in duration). For expedient reviews, feel free to skip segments of the SOTM by following the Outline below: Introduction and…
A rather unexpected scenario presented itself for investors on Tuesday, a relaxing of trade feuds and tariff expectations. It was previously anticipated that the U.S. would be making a decision on EU auto tariffs on or by May 18, this coming Saturday. On Tuesday, however, the Trump administration announced it plans to delay auto tariffs…
Equities bounced back on Tuesday after a 2%+ loss on Monday, as trade talks still appear in play between the two largest economies. But the rally fizzled in the final hour of closing as the major averages lost some of their vigor. Nonetheless, Jim Cramer said Tuesday that the stock market saw a “genuine rally,…
How deep with the current market pullback become? That’s the question on many investor/traders’ minds as a 5% S&P 500 (SPX) has taken place under the premise of trade feud escalations. Both China and the U.S. have raised the stakes in their implemented tariff battle and while talks move forward with the hope of finding…
Investors simply aren’t willing to go out on the risk curve with risky assets (stocks) presently and with a very binary outcome anticipated from U.S./China trade talks set to commence Thursday. This was very apparent in Wednesday’s trading activity that was impacted by a series of headlines suggesting that China was arriving in the United…
Tempted to buy this dip? Presently the risk/reward scenario does not suggest doing so. Over the past 48 hours, there has been a significant sentiment shift in the marketplace and amongst investors given the threat of elevating tariffs on Chinese imports. Equity investors are becoming increasingly uncomfortable leading up to the proposed tariff increase. U.S.…
The major averages went on a wild ride Monday, kicking off what may prove to be the start of increased market volatility given the headlines surrounding U.S./China trade. President Donald Trump’s Sunday afternoon tweets indicated the probability of increasing tariffs on China this coming Friday from the current 10% level to 25% on an existing…
Yesterday’s economic data was once again the highlight of the trading day. Now before you get all “up in arms”, that was just a joke. Of course the highlight of Wednesday’s trading was the Fed Chair’s press conference, post the announcement of no rate hike or cut. Why we are actually talking about a rate…
The economic data continues to slant more positively for most aspects of the economy, shy of manufacturing. While the Chicago PMI data proved to weaken in March, it is a much smaller regional component of the U.S. economic engine that is likely to improve as inventories roll off in the coming weeks and months. With…
