Home Authors Posts by Terry Ponick
Race and hate all day, every day dominates this week’s news headlines. Plus, media madness, a win for Sheriff Joe and even more winning in the PayPal flap.
Barreling towards the Texas coast, Hurricane Harvey weather hype influencing stock trades Friday, could dominate pre-Labor Day action as well.
Wednesday slump blamed on Trump. But profit-taking, poor earnings news from Lowes and weak housing sales were the likely culprits.
Light trading saw Dow slightly up Monday, as solar eclipse gawking cut into volume. Bulls attempt a comeback Tuesday, but $NYMO still mired below zero.
McClellan Oscillator attempts to relieve oversold market conditions, but it’s not giving our own positions very much help this week. Then, there’s the Fed.
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.