Just Not Good Enough

Despite REALLY good earnings from important companies like; Google, Amazon and Facebook, the market ended up down overall for the week. The FANG stocks, according to Seeking Alpha, gave up over $88B in market value last week, all in the face of some good news. Anyone...

Trust but Verify

During the arms reduction agreements with the Soviet Union, Ronald Reagan famously said, “Trust But Verify.” This idea seems appropriate now, with the recent announcements from North Korea. There is reason for cautious optimism, but wisdom would dictate a...

Tripping the Light Fandango

“Tripping the Light Fandango” is an idiom for “dancing nimbly or lightly” and that seems appropriate for trading the current market conditions. With the recent volatility and unexpected moves, we need to be nimble in our trading, even more so...

The Art of the Uncertainty

The President is known for his book “The Art of the Deal,” among other things. I titled this update “The Art of the Uncertainty,” because his negotiating tactics have introduced the thing that the markets dislike the most: Uncertainty....