The worst 5-day performance of the year
The stock market declined 3.5% this week; by far the worst 5-day performance of the year. Investors are now wondering if this a buying opportunity, or the start of a larger decline?
The proximate cause for...
Finally U.S. indices in green this week
After trading lower for two straight days this week behind renewed U.S.-China trade tension, major U.S. indices are on track to close with modest gains.
U.S. tariffs could rise from 10% to 25% Friday
Major indices and assets are trending lower after renewed trade tension between the U.S. and China ramps up and will likely result in further tariffs. President Trump already indicated tariffs would be raised from 10% to 25% by week’s end...
Battle between car rental companies
It’s widely accepted that the popularity of ride-sharing firms such as Uber (UBER) and Lyft (LYFT) has hurt car rental companies such as Hertz (HTZ) and Avis (CAR). But, it may be too soon to write them...
The rally from the December quickest recovery going back to the 1950s
The rally from the December S&P 500 bottom has so far been one of the strongest and quickest, compared to previous recovery periods going back to the 1950s. This trend in...
Trade tension renewed
Major U.S. indices are trading lower today following news U.S. tariffs on Chinese goods could be increased to 25% by week’s end, renewing trade tension.
U.S. and China talks will proceed in D.C. this week
Still, trade talks...
Market seems to have reached a place of stasis
After the 25% rally from the December lows, the market seems to have reached a place of stasis. Sure, there are some manic bulls and depressed bears, but the bulk if investors are simply confused.