Hillary Clinton on the Brink of Historic Election Loss Sunday, the numbers are much more Bullish for Donald Trump and much more cautious for Hillary Clinton. Hillary Clinton might be a 2-to-1 fav to win Tuesday’s US Presidential election according to one pundit, but she is not in a safe place as she is just 1 […]
Cautious US Companies ‘Hoarding’ Cash $DIA, $SPY, $QQQ, $VXX US companies have returned to hoarding cash due to mounting economic and geopolitical fears, a indication of a business-investment pullback. The UK’s Brexit vote, a sluggish US economy and a weak global economy combined to lead companies to delay investment decisions and just hoard their cash, […]
The FOMC Meets This Week, Markets Cautions $DIA, $SPY, $QQQ, $VXX Expect the FOMC to refrain from any action on interest rate policy, it may signal the possibility of a rate hike sometime this year (hawkish), perhaps in September or December. Fed officials’ openness to raising interest rates later this year will reflect their comfort […]
This Week on Wall Street, Bank Earnings in the Headlights $JPM, $GS, $MS, $BAC, $DB, $USB Banks are definitely in the headlights this earnings season, and there is caution in the market, Q-2 was not strong economical. Financials have been the worst performing of the 10 major S&P 500 sector groups this year, down nearly […]
Wednesday’s Technical Outlook for the DJIA (.DJI) Wall Street was unable to follow the lead of overseas share markets, finishing the day mixed. The DJIA + 0.27% to close at 18,053.60, the S&P 500 adding 6 pts to end at 2,100.80, the NAS comp finished off 0.40% at 4,940.33, this last weighed by weakness in […]