Recent Blogs Posts

After Monday's big rally, stocks tanked on Tuesday triggered by China's devaluation of the their currency, the yuan. The Dow lost 212-points and it has been down 7 of the last 8 trading days. Welcome to early August.

China devalued their yuan by 2%, which is actually a major move compared to prior moves - 5 times bigger than any other devaluations in the last 10 years. Why does this matter? It sent commodities and commodity related stocks sinking. Wheat, ...