By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Commentary: Paul Ebeling on Wall Street
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Opinion > Paul Ebeling > Commentary: Paul Ebeling on Wall Street
2021

Commentary: Paul Ebeling on Wall Street

Paul Ebeling
Last updated: January 11, 2021 8:07 pm
Paul Ebeling
Share
3 Min Read
SHARE

#PaulEbeling #WallStreet 

$DIA $SPY $QQQ $RUTX $SOX $VXX

“The Bulls are still running, despite the chaos” — Paul Ebeling

Last Week’s Action

Stocks ran higher, and the NAS Comp and PHLX Semiconductor Sector (SOX) led the run North

The financial market is ignoring any and all bad news and is focused on more stimulus in Y 2021.

With some caveats, as with IEA. we will play the good moves.

There was $900-B in stimulus in late Y 2020, and now there is talk of another $750-B in early Y 2021. Some, expect an aid/relief/stimulus bill to pass in February and boost the already strong economy. 

The indexes’ tally, and in just 1 wk.

  • Russell 2000 +5.9% YTD
  • DJIA +1.3% YTD
  • NAS Comp +1.2% YTD
  • S&P 500 +1.2% YTD

The economic side: Yes, jobless claims were greater than expected, but they are not driving higher. Institute of Supply Management (ISM) services topped expectations.

Technical Analysis

NAS Comp held during the wk, then broke to new highs. 

S&P 500, the same here, a strong new break to new highs.

This Weeks Outlook

Investors expect company earnings and economic data to move stock prices up again this year.

For months, earnings and economic data seem to have taken a backseat to the national political landscape and the worldwide China Virus chaos.

But the benchmark stock indexes have risen to record highs even as Citigroup’s US Economic Surprise Index has slipped to its lowest marks in 6 months.

US stocks overcame some profit taking last Monday to close at a record highs Friday.

This wk investors will get a look of how the economy is performing with the release of data on inflation, retail sales and consumer sentiment.

Money center banks JP Morgan, Citigroup and Wells Fargo are set to release Q-4 results on 15 January. They are among the 1st S&P 500 companies to post their results for the last frame of Y 2020.

Overall, our outlook is that S&P 500 company earnings will increase about 23% in Y 2021 compared to Y 2020.

Prudence tells us to be very discerning into mid-year and prepare for a correction of up to 18 to 22%.

Have a healthy week, Keep the Faith!

You Might Also Like

The Future of Blockchain: Knightsbridge KXCO Leads the Way

Knightsbridge Unveils Security Strategy for KXCO Armature: A Trusted Solution for Global Financial Institutions

Quantum Computing, AI, and Bitcoin: Knightsbridge and the New Frontier in Digital Finance

Saudi Arabia Non-Oil Sector Soars to 54.8% of GDP

The Corruption of Politicians and Media Lies Are Destroying Society

TAGGED:BanksbondsChinaconsumercoronaviruscorrectioncorretionDIAearningseconomyinflationJPMmarketmarketsMCSImoneyPaulEbelingpoliticspresidentprucenceprudenceQQQrallyretailRUTRUTXsalesSantaSantaClaussentimentSOXSPXSPYstocksUKUSvaccineVXXWallWallStreetWFCworld

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Previous Article Wall Street’s Key Stock Analysts Research Report, All Buys
Next Article Keys to Boosting Your Immune System Naturally


Latest News

The Case for Blockchain Efficiencies in Securities Markets
Bitcoin Blockchain for Government cefi DeFI Digital Assets Headline News Knightsbridge Opinion May 23, 2025
shayne heffernan saudi
Saudi Arabia Climbs to 2nd in G20 ICT Regulatory Index
Featured Headline News Middle East Most Popular Must Read Opinion Saudi Arabia Shayne Heffernan May 22, 2025
Raffles Grand Hotel d’Angkor Named One of World’s ‘500 Best Hotels’ by Travel + Leisure
Asia Food Headline News Opinion Shayne Heffernan Travel May 22, 2025
KXCO Chain: A Scam-Free Blockchain Ecosystem
AI Artificial Intelligence Bitcoin Blockchain for Government Crypto Digital Assets Generative AI Headline News Knightsbridge Opinion Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments Sovereign Individual Stocks Top Stories May 22, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?