December 16th, 2019

Santa Claus is Coming to Wall Street

Santa Claus is Coming to Wall Street! All signs point to a Santa Claus rally heading into the end of 2019.  The US and China reached a phase 1 trade deal last week and the UK voted in Boris Johnson for a full term, now opening the door for another potentially large trade deal, this […]

July 19th, 2019

July 19 2019 Game Plan

  Global stock markets are trading higher in European and Asian markets trade overnight on optimism that the US Federal Reserve will cut rates at its July policy meeting in 2 weeks.  Most Asian markets are higher by 1% with European indexes up by 0.25% on average.  Federal Funds Futures imply a 71% chance of […]

July 18th, 2019

July 18 2019 Game Plan

  Stock Markets are trending lower after earnings reports failed to impress.  Top names like CSX Corp and Netflix missed while eBay was impressing to the upside after the company raised guidance.  At the margin, more companies are reporting misses so we could see a minor pullback in major markets towards the 2950-2900 level on […]

July 15th, 2019

July 15 2019 Game Plan

Global stock markets are breaching all time highs on weekly close, typically a bullish indicator of higher quotations to come.   Next week begins Q2 earnings season and investors will focus on how profitability is supporting current valuations.   Any misses on top or bottom line will be weighed against forward looking guidance but in […]

July 14th, 2019

June 14 2019 Game Plan

  $Global Stock Markets are trading lower this morning on end of week profit taking as well as geopolitical issues in the Middle East and China.   Major European indexes such as Germany’s $DAX, France’s $CAC and London’s $FTSE are down on average 0.50%.  Chinese markets are lower by 0.50% while Japan’s $Nikkei index was […]

July 12th, 2019

July 12 2019 Game Plan

Global stock markets are trading slightly higher this morning with Europe and Asia green across the board.  US markets are also higher on Friday with the weekly gain being nearly 1%.  Investors are keying in on earnings season starting next week , beginning with the big banks and industrials such as railroads.  Bond yields are […]

July 10th, 2019

June 10 2019 Game Plan

  $Global Stock Markets are rising this morning on the back of a $US/Mexico agreement on Friday to address immigration and border security concerns by the US.   European stock indexes are up near 0.50% across the board in major centres France and London with German markets closed today.  Asian indexes jumped the most overnight […]

July 10th, 2019

July 10 2019 Game Plan

Global Stock Markets are trading higher this morning on news the US Federal reserve is looking to lower rates in the near future.   This has sent the $USD diving lower versus global currencies and sending risk assets higher.   Stock indexes in the $US are at all time highs and gold prices are rising, […]

July 5th, 2019

June 5 2019 Game Plan

  $Global Stock Markets moved up on some strength yesterday with the major indexes in the $US markets up over 2% with the tech heavy Nasdaq outperforming on news that $US/China trade talks will resume at the G20 Summit end of month and, maybe more importantly, is the move by $US Federal Reserve to support […]

July 3rd, 2019

July 3 2019 Game Plan

**US Stock and Bond Markets close at 1pm EST. for July 4th Independence Day holiday ** Global Stock Markets are trading up in Europe and down in Asia.  Low interest rates and accommodative polices by central banks continue to fuel investor optimism.  Major European markets are up between 0.50-0.75% amid hopes the new ECB governor […]

July 1st, 2019

June 12 2019 Game Plan

  $Global Stock Markets are showing weakness in European and Asian trading sessions.  In HongKong overnight, a contentious ‘extradition bill’, which would make it easier to send people to mainland China to stand trial, has caused major protests in the streets and the Hang Seng market to drop 1.75%.  Japans Nikkei index traded lower by 0.35%. […]

July 1st, 2019

July 1 2019 Game Plan

**TSX Canadian Markets closed for holidays**   Global Stock Markets are surging in pre-market action with technology and energy related shares outperforming.  News over the weekend form the G20 between US and China putting on hold additional trade tariffs and restarting negotiations.  We also noted an agreement by OPEC+ to extend the current rate of […]

June 23rd, 2019

May 23 2019 Game Plan

  $Global Stock Markets are under pressure this morning as $China swings back with tougher talk in the ongoing trade negotiations with the $US, as well as declining economic data out of the Eurozone.  European markets are down the most in the past 3 weeks with London’s $FTSE down 1.4% with no deal $Brexit on […]

June 15th, 2019

May 15 2019 Game Plan

  $Global Stock Markets posted 1%+ gains on Tuesday after a terrible Monday with the major $US indexes posting 5%+ corrections over the past 2 weeks on heightened geopolitical and economic tensions.  $US Stock Futures are down marginally, by 50 points.  $Europe and $Asia are trading mixed with Japan’s $Nikkei index up 0.50% and China’s […]

June 14th, 2019

May 14 2019 Game Plan

  $Global Stock Markets are coming off steep losses yesterday on a deepening $US/China trade war with both sides trading barbs and increasing tariffs on $500 Billion worth of goods collectively.   $US Stock Markets sold off between 2.40-3.40% on heavy volume.   Much of the speculative money placed over the past 3 months in […]