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[Chart courtesy of MarketWatch.com] Moving the markets The markets started the session by meandering slightly below their respective unchanged lines when a sudden dive took the starch out of any existing support. As I posted yesterday, a new headline about how close the latest trade deal might be was sure to be on deck. Well, we got trade headlines, but …

[Chart courtesy of MarketWatch.com] Moving the markets Today we experienced a market condition, which we have not seen in a while, namely not just an intra-day sell off, but also a red close of more than the occasional shocking -0.01%, at least for the Dow. Of course, I am being facetious here, but the usual end of the day ramp …

[Chart courtesy of MarketWatch.com] Moving the markets When the Fed announced a few weeks ago that it would be buying up Treasury debt to the tune of $60 billion a month, it sure sounded to everyone on Wall Street that another round of QE (Quantitative Easing) had started. However, Fed chief Powell insisted that this is “in no sense is …

[Chart courtesy of MarketWatch.com] Moving the markets The bouncing below the unchanged lines went on throughout the session with the major indexes having a hard time seeing green, with only the S&P 500 and Dow briefly peeking into positive territory. The cause for this lack of upward momentum turned out to be usual culprit, namely the latest trade reports casting …

[Chart courtesy of MarketWatch.com] Moving the markets It was another trading day during which uncertainty ruled. The major indexes survived an early sell-off and bounced back only to be slammed back down below their respective unchanged lines. Give credit to the mid-day slam to a US-China trade problem, caused by reports that that a snag was hit over farm purchases. …