Astute Blog January 13th 2019

Astute Blog January 13th 2019

Market Context Great Sunday to you all, Here’s to you all having had a lovely weekend and ready for another wonderful week ahead. The markets have seen endless up days in 2019. The first trading day in 2019 had the S&P 500 (SPX) open at 2476, days later and...
Astute Blog January 4th 2019

Astute Blog January 4th 2019

Tue, Feb 05, 2019 Market Context Good day all, The first few trading sessions in 2019 are in and it was anything but dull and boring. Hard to believe it was possible considering that Fed Chairman Powell seemed to make it a personal mission of his to destroy chances of...
Astute Blog December 21st 2018

Astute Blog December 21st 2018

Market Context Good day all, Fourteen straight trading sessions have been in the red. That is pretty much (less 1 day) 3 consecutive weeks of lower lows and closes in the red. Hard to believe that this time last week the SPX settled at 2600. Five trading days later...
Astute Blog December 7th 2018

Astute Blog December 7th 2018

Market Context Good day all, Whipsaw price action, a clumsy-thumbsy  US President and here we are a weeks price range of 2800-2621 in the SPX. Closing on the lower side of the weeks’ range at 2633. The yield curve inverting, along with the usual trigger finger...
Astute Blog November 30th 2018

Astute Blog November 30th 2018

Market Context Good day all, November is done and I won’t mince words here, I am glad it is over. The markets were scared stiff with October being a bloodbath thanks to Fed Chairman Powell. Leaving it to President Trump to put Powell’s job on the line the...
Astute Blog November 24th 2018

Astute Blog November 24th 2018

Market Context Good day all, Looking back over the years, there were times when former US President Bush, Obama, and even Trump have caused havoc in the markets. Now it seems that baton has been passed to Fed Chairman Powell to be the cause of panic selling before...
Market Context

Market Context

Good day, Good day all, It has been an interesting week thus far. This market has swung in excess of 80 SPX points. Let’s put that into perspective for a moment, back in June the low in the SPX was 2691, fast forward to September and we hit all-time highs...
Climbing the Bean-stock?

Climbing the Bean-stock?

A ton of commotion, a spike in volatility over the last week, and as of the close today (April 17th), the SPX is back above 2700. In previous posts, we mentioned a close above Dow 24,800 was required for the bulls to take possession moving forward in the short-term....
Bears Down for the Count?

Bears Down for the Count?

Last night around 8 pm EST, Chinese President Xi spoke in response to the ongoing trade war between China and the US. His response was a promise to slash auto tariffs and further open the country’s markets to imports. Investors and traders took this news and...