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Posted on October 22, 2019 by bhah2014
There wasn’t much in the way of economic data, news, or tweets to move the market most of the day. Earnings and news effected individual stocks and S&P sectors, but not the broader market. The S&P spent five hours trading sideways today in a minuscule 0.2% price range. Watching price today was like watching the […]
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Posted on October 19, 2019 by bhah2014
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Posted on October 17, 2019 by bhah2014
Headlines have been just about all that have moved the market the past few weeks and this morning was no different. News of a draft Brexit deal two weeks ahead of the October deadline sent index futures higher before the open. The UK and EU announced a Brexit agreement, but enthusiasm was dialed back after […]
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Posted on October 14, 2019 by bhah2014
Monday’s are usually pretty dull. Today’s price action was even duller than normal and did nothing to alter the sell-the-news response in equities Friday afternoon as details of the phase-one trade deal emerged. With the bond market close today, the equity market was effectively on vacation as well. SP-500 (2m) Overnight reports in Chinese media […]
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Posted on October 9, 2019 by bhah2014
Like yesterday, the market was up on more ridiculous trade-deal hope. Like yesterday, the market saw the bright side of a dark development after China took control of trade talks in declaring that a comprehensive deal won’t even be entertained, so the market celebrated the possibility that a partial trade deal could happen. The reported terms […]
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