Home Authors Posts by Terry Ponick
The annual August-September stock market has arrived with a vengeance in 2017. Individual investors try to circle the wagons and get through the next assault.
The market's down! It’s up! It’s down again! It’s Trump! It’s terrorism! It’s Cohn! It’s Bannon! Markets pause August correction, confusing bulls and bears alike.
Federal Reserve uncertainty, Barcelona terror attack – not Trump – plus weak August trading action likely behind markets’ sickening nosedive. We look at two trades.
Fed interest rate hesitation, relentlessly negative fake news barrage from secular and financial press, take toll on stocks in historically bad month of August.
Bricks-and-mortar retail iffiness apparently enough to halt Monday’s irrational exuberance. No clear direction for this week’s trades.
Retail malaise, fear of August correction, Dick's Sporting Goods and AWOL summer vacationing traders and investors make for a dull day, as markets remain confused and lack conviction.
North Korean belligerence briefly fades from the front page, as benign consumer prices seem to signal a pause in interest rate hikes.
Our portfolios have been pounded this week. Good inflation news helps stocks Friday, though the selling tsunami may not be over yet. (But Home Depot rules.)
North Korea’s continuing threats irritate Trump, Mattis, Tillerson and McMaster, as war drums crush stocks, boost gold, silver and short ETFs.
North Korea’s uncompromising belligerence increasingly risks U.S. military response, encouraging bearish selling and buttressing a previously fading gold rally.