Markets Defy Trump

March 9, 2018. Whatever it was Trump had to day, markets shrugged off his rhetoric, with all major indexes climbing on the day. It used to be called the “Trump trade.” What that meant going into Trump’s first year in the Oval Office was riding the...

Can the 2,700 Point Level Hold its Weight?!

March 1, 2018. A sell-off at the end of the day led Wall Street sharply down on Wednesday, stock indexes dragged down by ongoing rate hike concerns. The Dow Jones and the S&P 500, in so doing, capped off their worst month since 2016. Furthermore, the S&P 500...

The dollar traded lower-Daily Report January 29, 2018

The dollar traded lower closing the weak on another selloff day The dollar traded lower closing the weak on another selloff day, this time on global worries, this time regarding US global trade agenda of the Trump administration. The dollar moved lower across the...

Stocks Eke out Gains

Picks of the Day December 28, 2017. Stocks Eke out Gains Buffett, more than anyone, perhaps is known for popularizing the idea of defining an economic moat. In his own words, “determining the competitive advantage of any given company and, above all, the...

Picks of the Day June 13,2017

Tech Panic Selling Continues Stocks on Wall Street got a cold reception all over again yesterday, trading in the red after the large tech firms (acronym: FAANG) were beaten to a pulp in light of investors’ mass flight. Indexes were sympathetic, falling in turn,...

Picks of the Day, March 28, 2017

No One Could Have Expected This…! At the beginning of yesterday’s trading, the bears were ready to pop open the champagne. The market faced a particularly ugly gap down – and confidence was rampant that the failure to pass the health reform bill at the end...