On the one hand, this morning’s bounce makes sense, and the headlines are for sure accurately assessing the cause; The President’s Saturday tweet that

To put it mildly, the setup going into 2018 was remarkably good. Our PWA Macro Index was scoring near its all time high, with

Next week will be interesting, start to finish. For starters, here’s this morning’s headline: Trump hails call with China’s Xi, says trade talks are

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the

Our live S&P 500 chart, which is on the screen to my immediate left, just caught my eye. While I can’t tell you what

Now I did subtitle my September 10 blog post  “Expect a Rough Patch”, although I’m certainly not here to say “I told you so”.

Like I said in last evening’s post: “…make no mistake folks, we are in a most volatile, headline-sensitive environment. Expect more monster moves in both

While there are indeed other festering issues in play, the following — which is the close to our forthcoming commentary on general conditions in

I’ll begin 2018’s year-end letter as I did 2017’s, with a brief synopsis of how we operate here at PWA. For starters, here are

If you’re wondering if today was simply more of the same algo-driven (to some extent) trading, just in the opposite direction of what we’ve