Markets consolidate but rotation continues

We had our first down week since the election, as markets consolidate the hefty gains of November. Under the surface, however, the rotation out of bonds and into stocks continues. As I warned last week, the easy money gains are over for now. I’m not looking for any...

So far, so good.

This week the Trump rally continued. Two out of the three indexes are flirting with record highs. It feels like the markets want to go even higher, so don’t pay attention to those who do not understand the dynamics that are playing out in the markets. Question: what...

The Trump Dump

  Markets took it on the chin this week after trading in a tight range for almost two months. As the polls tightened and “The Donald” appears to have gotten back in the game, investors started to dump stocks. Is this a prelude to what will happen next week if the...

Day traders rule the markets

What a week of volatility! The Dow was up or down one hundred points or more every day while the other averages were equally as volatile. Brace yourself, because October should be just as crazy. Pick your poison:–the presidential debate, fears of a global...