This Week: Do You Make Up Market Narratives?
We know the media pundits do it, but do you too sometimes make up false market narratives? And is it impacting your trades?

As pondered in this week’s WTWA, why has the market been so quiet? Specifically, after an ugly fourth quarter, followed by a powerful first quarter, it seems the market has been a…[Read more]

Mnuchin: Trade talks in final laps https://www.cnbc.com/2019/04/29/us-china-trade-talks-are-in-the-final-laps-steven-mnuchin-tells-nyt.html

From Goldman Sachs today on Q1 GDP:
We boosted our Q1 GDP forecast by two tenths to +2.6% (qoq ar) ahead of tomorrow’s advance release, reflecting the firm pace of durable inventory growth and the surprising rebound in commercial aircraft shipments in March.
emphasis added
Friday:
• At 8:30 AM ET, Gross Domestic Product, 1st quarter 2019 (Ad…[Read more]

Twitter reports before opening bell. XRT and most retail stocks got hit today, might see follow through in morning before turning. Nice gains in Whirlpool after hours…random thoughts!

For the third week in a row, equity ETFs witnessed net inflows, taking in a little more than $7.3 billion for the most recent fund-flows week. Authorized participants (APs) were net purchasers of domestic equity ETFs