Dow Jones Industrial Average (.DJI) plunges 1,000+ points on mounting fears over coronavirus spreading

Dow Jones Industrial Average (.DJI) plunges 1,000+ points on mounting fears over coronavirus spreading

Dow Jones Industrial Average (.DJI) plunges 1,000+ points on mounting fears over coronavirus spreading US markets continue to plunge on reports of increasing numbers of cases of the сoronavirus being identified outside China. The Dow Jones dropped by more than 1,000 points (3.7 percent) on Monday, while the S&P 500 dropped 3.5 percent and the […]

Dow Jones Industrial Average (.DJI) Flight to Safety Dings Stocks

Dow Jones Industrial Average (.DJI) Flight to Safety Dings Stocks

Dow Jones Industrial Average (.DJI) Flight to Safety Dings Stocks It was a miserable end to the week for equities as investors ditched riskier assets for safe-haven fare, such as the dollar and gold. Yes, that’s correct. Despite the U.S. Dollar Index popping today, dollar-denominated gold closed at multi-year highs while stocks tumbled. Covid-19 concerns […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $VXX Technical Analysis at the weekended 21 February  NAS Comp: It sold to the 10-Day EMA and then rebounded and filled the gap from Wednesday. It is still using the 10-day EMA as it trends higher. S&P 500: It tapped at the 20-Day EMA on the low, rebounded to a modest […]

“Deficit Not a Concern if Market Does Not React”

“Deficit Not a Concern if Market Does Not React”

$DIA $SPY $QQQ $RUTX $VXX “The growing national deficit is a ‘legitimate issue’, but our main focus now is in creating jobs,” White House trade adviser Peter Navarro said Friday.  “Until the bond market starts reacting negatively to that and we start seeing inflation, the deficit is not going to be a concern,” Mr, Navarro […]

Dow Jones Industrial Average (.DJI) drops 300 pts pulled by Microsoft, Apple

Dow Jones Industrial Average (.DJI) drops 300 pts pulled by Microsoft, Apple

Dow Jones Industrial Average (.DJI) drops 300 pts pulled by Microsoft, Apple Stocks on Wall Street traded lower on Thursday with the Dow Jones sinking more than 300 index points. Tech giants such as Microsoft and Apple were among the losers of the session, slipping over 2% and more than 1%, respectively. The coronavirus outbreak […]

US Economy Roars Because President Trump Shredded Hussein Obama Stagnation Policies

US Economy Roars Because President Trump Shredded  Hussein Obama Stagnation Policies

$DIA $SPY $QQQ $RUTX $VXX FLASH: The notion that Mr. Hussein Obama is responsible for today’s good economy is Bunk!. The US robust economy is the best it has been in more than 10 years, it is due entirely to President Trump’s policies which include shedding the former president’s policies. Fact: Had Mr. Hussein Obama […]

Dow Jones Industrial Average (.DJI) propped up by a recovery from Apple

Dow Jones Industrial Average (.DJI) propped up by a recovery from Apple

Dow Jones Industrial Average (.DJI) propped up by a recovery from Apple The Dow bounced back with a triple-digit win today, snapping a three-day losing streak in the process. The blue-chip index was propped up by a recovery from Apple (AAPL), while the number of newly confirmed coronavirus cases came in at their lowest level […]

S&P 500 & NAS Comp Mark Fresh Record Highs

S&P 500 & NAS Comp Mark Fresh Record Highs

$DIA $SPY $QQQ $RUTX $VXX DJIA +115.84 at 29347.94, NAS Comp +84.44 at 9817.21, S&P 500+15.86 at 3386.15 Wednesday, the S&P 500 (+0.5%) and NAS Comp (+0.9%) closed at fresh record highs, as investors remained optimistic about the global economic outlook despite the coronavirus. The DJIA increased 0.4%, and the RUTX increased 0.5%.  Stocks held gains following the release of minutes from the FOMC’s […]

Dow Jones Industrial Average (.DJI) Drops Third Straight, Gold Breaks Out

Dow Jones Industrial Average (.DJI) Drops Third Straight, Gold Breaks Out

Dow Jones Industrial Average (.DJI) Drops Third Straight, Gold Breaks Out The Dow kicked off the holiday-shortened week with a third-straight loss. The blue-chip index finished down triple digits, gripped by Apple (AAPL) and the dire coronavirus warning against its guidance. The S&P 500 closed in the red as well, while the Nasdaq pared its losses […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $VXX Last Friday’s Action Stocks recovered but struggled late in the day as the Fed, after a big repurchase operation in the am, said it will reduce the amount of the repos. The overnight repo saw $45.85-B in demand pasting the Fed’s offer. The 2-wk repo saw $59.02-B Vs the $30-B […]

Dow Jones Industrial Average (.DJI) rises more than 80 points to a record as Wall Street extends winning streak

Dow Jones Industrial Average (.DJI) rises more than 80 points to a record as Wall Street extends winning streak

Dow Jones Industrial Average (.DJI) rises more than 80 points to a record as Wall Street extends winning streak Stocks rose to all-time highs on Thursday after China announced it will halve tariffs on a slew of U.S. products. Strong corporate earnings results and solid economic data also gave the major indexes a boost. The […]

Dow Jones Industrial Average (.DJI) – China-Sensitive Names Lead the Way

Dow Jones Industrial Average (.DJI) – China-Sensitive Names Lead the Way

Dow Jones Industrial Average (.DJI) – China-Sensitive Names Lead the Way The new coronavirus from China is still an issue. And it’s one that’s getting worse, not better. However, stocks clung to modest gains Tuesday with the Dow Jones Industrial Average supported by a host of China-sensitive fare. In other news today, Federal Reserve Chairman […]

Dow Jones Industrial Average (.DJI) Climbs 275, Nasdaq Moves Up 87

Dow Jones Industrial Average (.DJI) Climbs 275, Nasdaq Moves Up 87

Dow Jones Industrial Average (.DJI) Climbs 275, Nasdaq Moves Up 87 Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as […]

Fed Chairman Powell, “There is no reason why the expansion cannot continue”

Fed Chairman Powell,  “There is no reason why the expansion cannot continue”

$DIA $SPY $QQQ $RUTX $VXX Tuesday, the Fed Chairman Powell told Congress that the US economy is in a good place. With risks like trade policy uncertainty receding and global growth stabilizing, “we find the US economy in a very good place, performing well,” Chairman Powell told the House of Representatives Financial Services Committee. The US economic expansion, now […]

Dow Jones Industrial Average (.DJI) Advances 174, Nasdaq Climbs 108

Dow Jones Industrial Average (.DJI) Advances 174, Nasdaq Climbs 108

Dow Jones Industrial Average (.DJI) Advances 174, Nasdaq Climbs 108 Stocks closed broadly higher on Wall Street Monday, sending the S&P 500 and Nasdaq indexes to all-time highs. Technology stocks accounted for much of the rally, which added to the market’s gains from last week. Retailers, restaurant chains and other companies that rely on consumer […]

S&P 500, NAS Comp Mark Record Closing Highs as Investors Buy Growth

S&P 500, NAS Comp Mark Record Closing Highs as Investors Buy Growth

$DIA $SPY $QQQ $RUTX $VXX Monday, the S&P 500 and the NAS Comp closed at record highs as Chinese workers and factories slowly returned to business following a Lunar New Year holiday that was protracted by the deadly coronavirus outbreak. All 3 major US stock indexes advanced in a broad-based rally, boosted by index leaders […]

Dow Jones Industrial Average (.DJI) there is fear that the disease will cause a global economic slowdown

Dow Jones Industrial Average (.DJI) there is fear that the disease will cause a global economic slowdown

Dow Jones Industrial Average (.DJI) there is fear that the disease will cause a global economic slowdown The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite set all-time intraday highs on February 6. On Friday, the strength reversed somewhat as the spreading coronavirus hit the stock market once again. Now there is fear that […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $VXX DJIA futures are little changed Sunday night, along with S&P 500 futures and NAS Comp futures. The stock market rally showed surprising strength last week, but it is not unprecedented.  The stock market rally’s instant recovery from the coronavirus sell-off was surprising. Normally, when the stock market sells off fast, […]

“Blowout” Jobs Growth Reflects Very Strong Economy

“Blowout” Jobs Growth Reflects Very Strong Economy

$DIA $SPY $QQQ $RUTX $VXX Friday, White House adviser Larry Kudlow said the “blowout” jobs report was just the cherry on top of a very strong economic start to this New Year. Manufacturing, job growth and the stock market all boosted the economy in January, he said. “I think we’re in very strong territory right […]

Wall Street Indexes Climb to New Highs for 4th Day Running

Wall Street Indexes Climb to New Highs for 4th Day Running

$DIA $SPY $QQQ $RUTX $VXX Thursday, US stocks gained for a 4th session running, and Wall Street’s major indexes hit record highs as concerns faded over the economic fallout from the coronavirus outbreak in China. China said it would pare by 50% additional tariffs levied against some US goods, seen as a move to boost confidence […]

Wall Street’s Key Stock Analysts Research Reports

Wall Street’s Key Stock Analysts Research Reports

$GOOGL, $AMZN, $GS, $GRUB, $MWA, $RL, $RNG Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Thursday, 6 February, as follows: Alphabet Inc. (NASDAQ:GOOGL) was reiterated as Buy and its target price was raised to […]

Ferrari (NYSE:RACE) Posts Record Supercar Sales and Boosts 2020 Profit Estimate

Ferrari (NYSE:RACE) Posts Record Supercar Sales and Boosts 2020 Profit Estimate

$RACE Ferrari (NYSE:RACE) boosted its Y 2020 forecasts for sales and earnings after the Supercar maker posted record deliveries, a sign that CEO Louis Camilleri’s model-range renewal is working and gathering momentum. The Maranello Outfit launched a record 5 new models in Y 2019, including the Roma Coupe with a front-mounted 620-horsepower engine, which helped […]

“Smooth Sailing” on Blockbuster Economy

“Smooth Sailing” on Blockbuster Economy

$DIA $SPY $QQQ $RUTX $VXX S&P 500 and NAS Comp finish on new highs, virus concerns fade. Stephen Moore, the Heritage Foundation’s chief economist, said Wednesday that there is nothing negative to say about the US economy. The US economy has hit record-highs across the board, Mr. Moore told Wednesday’s “National Report.” “You got the lowest unemployment […]

Wall Street’s Key Stock Analysts Research Reports

Wall Street’s Key Stock Analysts Research Reports

$CAT, $CMCSA, $ELF, $GPS, $LULU, $NKE, $UBER, $ULTA Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Wednesday, 5 February, as follows: Caterpillar Inc. (NYSE:CAT) was maintained as Buy but the target price was lowered to […]

President Trump to Focus SOTU on Economic Achievements

President Trump to Focus SOTU on Economic Achievements

$DIA $SPY $QQQ, $RUTX, $VXX Tuesday, President Trump will focus much of his State of the Union address on the administration’s economic achievements. “The President is very proud,” National Economic Council Director Larry Kudlow said Tuesday.  “I think his policies, such as tax cuts, business deregulation across the board, opening up the energy sector to […]

Wall Street’s Key Stock Analysts Research Reports

Wall Street’s Key Stock Analysts Research Reports

$AMGN, $AMAT, $TAST, $CVX, $MNST, $NKE Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Tuesday, 4 February, as follows: Amgen Inc. (NASDAQ:AMGN) SunTrust Robinson Humphrey reiterated it as Buy and raised its target price to […]

New Rule: US to Impose Duties on Countries That Undervalue Currencies

New Rule: US to Impose Duties on Countries That Undervalue Currencies

$DIA $SPY $QQQ $RUTX $VXX $USD Monday, the US Commerce Department finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against USD, including China. In theory, the new rule would allow the Commerce Department to impose duties on China, even though the US Treasury Department recently removed […]

Wall Street’s Key Stock Analysts Research Reports

Wall Street’s Key Stock Analysts Research Reports

$AMZN, $KO , $IBM, $SMAR, $UBER, $V Daily HeffX-LTN reviews dozens of  Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Monday, 3 February, as follows: Amazon.com Inc. (NASDAQ:AMZN) Friday’s post-earnings reaction had shares trading up over 10% at 2,065.00 in […]

Dow Jones Industrial Average (.DJI) has worst day since August amid coronavirus fears

Dow Jones Industrial Average (.DJI) has worst day since August amid coronavirus fears

Dow Jones Industrial Average (.DJI) has worst day since August amid coronavirus fears The Dow Jones Industrial Average closed down 603 points, about 2%, on Friday, as the novel coronavirus outbreak has stoked uncertainty for investors. The S&P 500 and Nasdaq also tumbled, by 1.8% and 1.6% respectively, after authorities in China said coronavirus cases […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $VXX We are deep in earnings season. Stay tuned daily. What happened last week Facebook (NASDAQ:FB) struggled as caught a bid and rallied The DJIA and the S&P 400 tested the 50-Day MA, but the NAS Comp and S&P 500 did not, but rebounded.Q-4 GDP came in at 2.1% the slowest […]

Dow Jones Industrial Average (.DJI) edges higher as strong Apple results offsets virus fears

Dow Jones Industrial Average (.DJI) edges higher as strong Apple results offsets virus fears

Dow Jones Industrial Average (.DJI) edges higher as strong Apple results offsets virus fears Strong profits from Apple and others helped the Dow edge higher on Wednesday (Jan 29) as more large companies moved to contain a virus centred in China, but the broader market was more mixed. The biggest company by market capitalisation, iPhone […]

Dow Jones Industrial Average (.DJI) Stocks end mixed, Fed leaves interest rates unchanged, sees moderate U.S. economic growth

Dow Jones Industrial Average (.DJI) Stocks end mixed, Fed leaves interest rates unchanged, sees moderate U.S. economic growth

Dow Jones Industrial Average (.DJI) Stocks end mixed, Fed leaves interest rates unchanged, sees moderate U.S. economic growth Stocks ended little changed Wednesday, giving back intraday gains, with better-than-expected results from blue-chip names, including Apple, offset by lingering concerns related to China’s coronavirus outbreak. The Federal Reserve left its policy interest rate unchanged as expected […]

Fed Leaves Key Interest Rate Unchanged

Fed Leaves Key Interest Rate Unchanged

$DIA, $SPY, $QQQ, $RUTX , $VXX The Fed held interest rates steady Wednesday at its first policy meeting of the year, the head of the central bank pointed to continued moderate economic growth and a “strong” job market, and giving no sign of any imminent changes in borrowing costs. “We believe the current stance of […]

Dow Jones Industrial Average (.DJI) rebound ended a five-day losing streak

Dow Jones Industrial Average (.DJI) rebound ended a five-day losing streak

Dow Jones Industrial Average (.DJI) rebound ended a five-day losing streak Stocks closed broadly higher on Wall Street Tuesday, reversing a big slice of the market’s losses from a sharp sell-off the day before. The rebound ended a five-day losing streak for the Dow Jones Industrial Average fueled largely by fears that the spread of […]

“US Would Refinance, Pay Off Debt if Fed Lowered Rates”–President Trump

“US Would Refinance, Pay Off Debt if Fed Lowered Rates”–President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX Less than 1 hr after Fed officials begin a two-day policy meeting, President Trump calls for a cut in rates. “The Fed should get smart & lower the Rate to make our interest competitive with other Countries which pay much lower even though we are, by far, the high standard,” […]

Dow Jones Industrial Average (.DJI) investors grappled with fresh worries about the spread of a new virus in China that threatens global economic growth

Dow Jones Industrial Average (.DJI) investors grappled with fresh worries about the spread of a new virus in China that threatens global economic growth

Dow Jones Industrial Average (.DJI) investors grappled with fresh worries about the spread of a new virus in China that threatens global economic growth The sell-off gave the Dow its first 5-day losing streak since early August and handed the S&P 500 its worst day since early October. Both indexes were off about 1.5 percent, […]

Investors Must Avoid Undue Reactions to Virus Story

Investors Must Avoid Undue Reactions to Virus Story

$DIA, $SPY, $QQQ, $RUTX, $VXX I herewith urge all investors to avoid making hasty decisions after China announced a rise in cases of a deadly new virus that the media says threatens to crimp global economic growth. Stocks markets pulled back worldwide Monday on the supposition that investors are worried about the potential economic impact of […]

Dow Jones Industrial Average (.DJI) caution in chasing the market higher

Dow Jones Industrial Average (.DJI) caution in chasing the market higher

Dow Jones Industrial Average (.DJI) caution in chasing the market higher The Dow Jones remains elevated as tech and defensive sectors underpin the index. However, we see caution in chasing the market higher amid rising risks of a potential correction. Unlike the Chinese stock market (Hang Seng & Shanghai Composite), the latest concerns surrounding the […]

Dow Jones Industrial Average (.DJI) – US Indexes End Mostly Flat Again on Thursday

Dow Jones Industrial Average (.DJI) – US Indexes End Mostly Flat Again on Thursday

Dow Jones Industrial Average (.DJI) – US Indexes End Mostly Flat Again on Thursday The Dow Jones Industrial Average closed at 29,160.09 on Thursday with a loss of 26.18 points or -0.09%. The S&P 500 closed at 3,325.54 for a gain of 3.79 points or 0.11%. The Nasdaq Composite closed at 9,402.48 for a gain […]

Dow Jones Industrial Average (.DJI) Still Rise Despite Mixed Bag With Earnings

Dow Jones Industrial Average (.DJI) Still Rise Despite Mixed Bag With Earnings

Dow Jones Industrial Average (.DJI) Still Rise Despite Mixed Bag With Earnings With more marquee companies, including some members of the Dow Jones Industrial Average, stepping into the earnings confessional over the last 24 hours, there were ample headlines to move stocks Wednesday. While there was action to be had, gains for broader benchmarks were […]

President Trump Planning a “Very Big” Tax Cut for Middle Class

President Trump Planning a “Very Big” Tax Cut for Middle Class

$DIA, $SPY, $QQQ, $RUTX, $VXX Donald Trump speaks during the Global Chief Executive Officers dinner at the World Economic Forum in Davos, Switzerland A “very big” tax cut for middle-class Americans will be announced over the next 90 days, President Donald Trump said in an interview Wednesday.  “We will make that permanent for the middle […]

Dow Jones Industrial Average (.DJI) five-day win streak comes to end after report of first coronavirus case in U.S.

Dow Jones Industrial Average (.DJI) five-day win streak comes to end after report of first coronavirus case in U.S.

Dow Jones Industrial Average (.DJI) five-day win streak comes to end after report of first coronavirus case in U.S. U.S. benchmark stock indexes finished lower on Tuesday, pulling back from records seen last week, after news that the Chinese coronavirus had spread to the U.S. raising fears of a pandemic that might affect global economic […]

Dow Jones Industrial Average (.DJI) Still Worth Following?

Dow Jones Industrial Average (.DJI) Still Worth Following?

Dow Jones Industrial Average (.DJI) Still Worth Following? The Dow Jones Industrial Average (DJINDICES: ^DJI) is one of the world’s most followed stock market indexes. With a history that dates back to the 19th century, the venerable market benchmark has played a vital role in the general public’s understanding of how the stock market works. […]