Risk appetite is waning as earnings season picks up and as political posturing between the Chinese and Americans see no substantial progress on the trade front. US stocks have been unable to extend the record rally despite a relatively good start to earnings season that has seen a majority of companies deliver earnings beats. A mixed picture from transportation stocks will have followers of Dow Theory argue it will be difficult for US stocks to resume the record rally. Technology stocks got off to a bad start came from poor results (Netflix), continued crackdowns on unfair practices (Amazon) and regulatory scrutiny ... (full story)