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Monthly Archives: November 2018

Weekly Stock Market Commentary 11/30/2018

There have been a number of positive developments in the past week or so: buy signals, oversold conditions producing rallies, and so forth. But...

On Eve Of Trump-Xi Talks China’s Economy Continues To Slump, Overnight Data Say

China’s purchasing managers index (PMI) for the manufacturing sector continued to slump in November, overnight data showed. The index dropped to 50, the level...

OPEC Advisory Group Recommends Cut Of 1.3 Million Barrels A Day To December 6...

It’s only an advisory group with no decision-making power, but the recommendation from the Organization of Petroleum Exporting Countries Economic Commission Board is the...

China’s Banking System Springing Leaks All Over

Take your pick. Either story shows the deep stress in China’s banking system at a time when China’s economy is already slowing. Story 1: After...

G20

This weekend is an important G20 meeting in Argentina. This is a meeting of 19 individual countries and the EU, where they discuss the...

Trade Talk Optimism Gives A Boost To the Markets

The equities markets had a slightly bullish inclination today. The healthcare ETF XLV was up +0.7% a the time this content was created, whereas...
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A Prime Example Of One Of Our Favorite Methodologies

There are many ways to approach day trading.  The ones I tend to rely on are dependent on price movement and volume.  Without movement, there’s...

Rep. DeFazio Issues Statement Ahead of Planned NAFTA 2.0 Signing

Rep. Peter DeFazio, D-Oregon, issued the following statement ahead of planned North American Free Trade Agreement 2.0 signing: "Tomorrow, President Trump will sign the text...

After Corruption Probe, What Will SC Lawmakers Do To Reform State House?

The past two years have been rough for South Carolina's General Assembly. On top of the legislative issues facing the state during the 2017-18 session,...

Collins Says Memo That Sank Judicial Nomination Requires ‘Further Research’

U.S. Sen. Susan Collins stepped back from her support of one of President Donald Trump's most controversial judicial nominees to date on Thursday, though...

House Conducted Four Committee Hearings On Nov. 29

Subcommittee on the Middle East and North Africa: "U.S. Policy Toward Syria (Part II)". Testimony was heard from James F. Jeffrey, Special Representative for Syria...

Trump Hasn’t Had ‘Discussion’ With Crown Prince

President Donald Trump is meeting Argentine President Mauricio Macri as he kicks off two days of diplomacy at the G-20 meeting. The leaders greeted each...