In an unseemly signing ceremony, with a plethora of US CEOs and government officials, 3-4 dignitaries from China, and much bravado from President Trump, the Phase One US-China trade deal was signed and presented to the world. Markets cheered. Aside from the spectacle of it all, there is some cause for short-term optimism over a…
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What an incredible 2019 for markets. The S&P rallied 28% and the NASDAQ 35% (give or take based on final 12/31 closing levels). 2019 returns are somewhat inflated from the low base of December 2018, when the market tanked on hawkish fed fears and the acceleration of the Trade War. Notwithstanding, 2019 was a banner…
The post What a 2019; Outlook for 2020 appeared first on Crackerjack Finance.
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In spectacular fashion, over the past few weeks, stark reminders emerged on how fast confidence unravels in the midst of a slowdown, particularly so, when the slowdown is doused with policy response errors. A conflux of negatives compounded to send US financial markets into bear market territory, ultimately, calling into question the economic expansion since…
The post The Powell Put is Struck Lower appeared first on Crackerjack Finance.
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Summarizing an investment mantra into an acronym is a common practice, and generally, a lazy short cut to sum things up. The investment themes for 2017 oscillated from technology/growth, to financials, to Trump tax trade, to retail, and now, to just being long whatever makes sense irrespective of the theme the idea falls under. It’s…
The post PTFI appeared first on Crackerjack Finance.
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Earlier this month, April 5th was an odd day for financial markets. During market hours, it was interesting to behold one of the strongest single hours of the year, at the open, when the market rallied 20 handles on no real news of consequence. Sales could be seemingly filled at any price. One felt an…
The post Odd Market Swings Intra-day; Volatility Crush Over Multi-day appeared first on Crackerjack Finance.
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The relentless grind higher in equity markets continues irrespective of periods of policy awkwardness, twitter rants, and republican in-fighting. Recent announcements that corporate tax reform isn’t likely until August/September didn’t faze the market at all. Clearly, the benefit of the doubt is being given to the Trump administration to make the American economy greater, and,…
The post Holding Pattern appeared first on Crackerjack Finance.
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