Good News is Bad News? – Monday Morning Market Memo – July 8, 2019

Good News is Bad News? – Monday Morning Market Memo – July 8, 2019

Good morning, A month ago we discussed how “bad news is good news” after disappointing employment data increased the likelihood the Federal Reserve would lower interest rates, which was good news for the stock market. Well, the June Jobs Report released Friday by the U.S. Department of Labor was better-than-expected, showing the economy added 224,000 jobs, versus expectations for a …

Cease-Fire – Monday Morning Market Memo – July 1, 2019

Cease-Fire – Monday Morning Market Memo – July 1, 2019

Good morning, The stock market is trading higher this morning after a cease-fire in the trade war between the U.S. and China. President Trump and Chinese President Xi agreed over the weekend not to impose any additional tariffs. Investors are feeling relieved with the fact the trade war is not escalating and with the cooperative tone. The positive opening this …

Patient – Monday Morning Market Memo – June 24, 2019

Patient – Monday Morning Market Memo – June 24, 2019

Good morning, Merriam-Webster’s online dictionary defines patient as bearing pains or trials calmly or without complaint and manifesting forbearance under provocation or strain, when used as an adjective, or as an individual awaiting or under medical care and treatment, when used as noun. Often in life, when one is or is not being patient, or is a patient, things are …

Bad News is Good News! – Monday Morning Market Memo – June 10, 2019

Bad News is Good News! – Monday Morning Market Memo – June 10, 2019

Good morning, No news is good news is a familiar saying, meaning that if you don’t hear new information about something, it is most likely because nothing bad happened. Of course, it is clear that good news is good, and bad news is bad, in whatever you are hoping for, or hoping to avoid. In the stock market however, there …

Six in a Row – Tariff Tweet – Monday Morning Market Memo – June 3, 2019

Good morning, It was only a few months ago when we were writing about the Dow Jones Industrial Average posting a 9 week winning streak, fueled primarily by positive corporate earnings, a more “friendly” Federal Reserve, and optimism over trade negotiations between the U.S. and China. But as we know, things change quickly, and so can the mood of the …

Trade Tensions / “Retail Week” – Monday Morning Market Memo – May 20, 2019

Good morning, Market action continues to be focused on trade negotiations between the world’s two largest economies, the United States and China. Stocks ended lower overall last week, and fell on Friday after media reports stated trade talks between the two countries have stalled. For the week, the Dow Jones Industrial Average fell .7% (its fourth straight weekly drop), the …

Follow the MoneyTweets – Monday Morning Market Memo – May 13, 2019

Good morning, Follow the money is a line in the 1976 movie All the President’s Men, which has become a catchphrase, generally meaning that things can be uncovered or explained by examining and tracing the movement of money. To explain the movement in the stock market of late, rather than following the money, one should follow the tweets. Last week’s …

Surprising Numbers – Monday Morning Market Memo – May 6, 2019

Good morning, Normally at this point in the year we are talking about surprising earnings numbers (either good or bad) being the primary focus and driver of the market, but the big story from last week involved different numbers – namely, the April Jobs Report, which came in stronger-than-expected. The Department of Labor reported Friday that the U.S. economy added …

EPS, PE, GDP, S&P – Monday Morning Market Memo – April 29, 2019

Good morning, We are in the heart of earnings season and EPS (earnings per share) are coming in better-than-expected so far. With 46% of the companies in the S&P 500 having already reported results for the first quarter of 2019, 77% have reported earnings above estimates, which is above the five-year average, according to data from FactSet. Keep in mind …

Earnings Season Accelerates – Monday Morning Market Memo – April 22, 2019

Good morning, We hope you all enjoyed the holiday weekend. Investors got the chance to recharge for a busy week of earnings, as over 140 S&P 500 companies are set to report in the week ahead. Companies scheduled to report include Halliburton, Lockheed Martin, Amazon,Boeing, Coca-Cola, United Technologies, Microsoft, AT&T, Visa, Facebook, Intel, Starbucks,Caterpillar, 3M, Ford Motor, United Parcel Service, …