US Equities markets digested gains from early June and ended the week up about +.6% on average. The message is mixed with cyclical sectors not following the key indexes price performance. Emerging markets submerged while soft commodities firmed.
Gold and …
US Equities got a lot of new help from one if its friends, the Federal Reserve.
Fed Chairman Powell stated that tariffs could shave some points off of growth, hence, a need to lower rates.
That spurred a vicious stock …
US Equities got smacked once again, down more than -6% on average for the not so merry month of May. The trade war with China continues to escalate and a short term pop fizzled on Friday after Trump announced tariffs …
US Equities got hit yet again, led by Grandpa Russell, (IWM) which tanked -2.4% on week. The trade war with China escalated, as did tensions with Iran which sent Oil (USO) up almost +2%. Stocks went into a nasty retreat …
US Equities got hit hard, down -2.5% on average, as the tariff war with China escalated. It sent stocks into a nasty retreat on a global basis. China got hit the hardest down -6.55%. In fact, there was not a …
Equities markets put in a respectable week as Fridays action turned things around from what was looking like a key reversal pattern. IWM was up almost +2% on Friday and +1.4 % on the week. The catalyst was the jobs …
This week we learned that Q1 GDP rose more than expected (3.2% vs. 2.5% estimates.)
But that’s just the headline.
More importantly, there is the rest of the story.
If you look “under the hood” you’ll find 3 bears.
The long-expected Mueller report (redacted) was finally released and the market hardly reacted. Meanwhile, most major US market indexes continued to march forward with the NASDQ 100 leading, up 1.28% over the last 5 trading days. One ominous sign is …
US and Global Equities continued to rally, with the NASDQ 100 +.63% for the week. It is just a hair from making new all-time highs, as shown on the chart above
This rally off the Late December lows is a …
Global Equites melted up, gaining over 2.5% on average this week led by Emerging Markets. Norway’s highly respected $ 1 trillion-dollar sovereign wealth fund is dumping Emerging Market bonds and moving into Emerging Market equities. This should be considered a …