Commentary: Paul Ebeling on Wall Street, Americans Holding a Huge ‘Pile of Cash’

Commentary: Paul Ebeling on Wall Street, Americans Holding a Huge ‘Pile of Cash’

$DIA $SPY $QQQ $RUTX $VXX #Paul Ebeling #Wall Street #recovery #cash #technicals #patterns #Fed #Bulls Last Week’s Action The indexes are in consolidation mode, and the leaders are leading pulling back and testing their moves, the trend is up and the Bulls are still in charge. Financials received bids ahead of the release of the […]

The Bulls are in Charge on Wall Street: 3 Key Indicators

The Bulls are in Charge on Wall Street: 3 Key Indicators

$XAU $SPY $VIX $VXX The last few months have been super for the US stock market and for gold Few thought in March that the S&P 500 would be back above 3,000, the DJIA would be back above 25,000 and the NAS would mark new all-time highs in late June. As we roll into the Summer Doldrums there are signs of […]

In France: Eiffel Tower Reopens after a 3-month China Virus Closure

In France: Eiffel Tower Reopens after a 3-month China Virus Closure

The Eiffel Tower Thursday welcomed back visitors after The China Virus outbreak caused the Paris landmark into its longest period out of action since WWII. Visitors can access the 1,062 ft tower only via staircases until early July, with elevators off-limits for the time being because of safety considerations. In addition, visitors are not allowed […]

Baked in Q-2 Earnings are Off, the Stock Market Will Continue North

Baked in Q-2 Earnings are Off, the Stock Market Will Continue North

$SPY The S&P 500 is cheaper than many think, meaning more profitable. The stock market is cheaper and profitability is better than the pundits would have us believe. The deep dive baked into Q-2 consensus earnings understates the real core earnings of many US companies. Here I show where there is Northside in the overall […]

Americans Like Stocks, Indifferent to Volatility

Americans Like Stocks, Indifferent to Volatility

$DIA $SPY $QQQ $RUTX $VXX Successful investing is about managing risk, as it cannot be avoided. Americans are optimistic about the long-term health of the US stock market, despite being pessimistic about how investments will hold up short term, a Wells Fargo/Gallup survey said. Most people are eager to invest, especially to build their retirement […]

Commentary: Paul Ebeling on Wall Street, Inflation Alert

Commentary: Paul Ebeling on Wall Street, Inflation Alert

$DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Stock indexes are consolidating, the economic data impresses, as headlines focus on new China Virus cases in the wake of massive new testing. Last Friday was Quad Witching expiration, and we saw leaders continue to lead. Perhaps other sectors will now start to contribute to the uptrend. […]

President Trump Will Create “Liability Guardrail” Over Frivolous China Virus Litigation

President Trump Will Create “Liability Guardrail” Over Frivolous China Virus Litigation

Wednesday, Larry Kudlow, President Trump’s Top economic adviser said The Administration will look at limiting liability for businesses over the spread of the coronavirus. “I think liability reforms and safeguards are going to be a very important part of this,” Larry Kudlow, director of the White House’s National Economic Council, said in a TV interview Wednesday […]

Hand Washing is Effective Against Viral Infections

Hand Washing is Effective Against Viral Infections

Drug resistant infections are on the rise, the novel coronavirus COVID-19, aka The China Virus, is spreading rapidly and research demonstrates that many people may be participating in activities that exacerbate it. Preventing the spread of contagious disease is the best option as there is no cure for viral infections and COVID-19 coronavirus is not a simple […]

Congress Must Embrace Non-partisan Proposals to Combat This Economic Crisis Caused by China’s Virus

Congress Must Embrace Non-partisan Proposals to Combat This Economic Crisis Caused by China’s Virus

$USO $BA In this time of global crisis and economic uncertainty, both Democrats and Republicans have been seeking to exploit the China Virus pandemic in pursuit of partisan policy objectives. Bad policy! The Washington Free Beacon has come up with 10 elements to fix and shield the US economy from the WHO/China Virus crisis. Congress should […]

President Trump’s China Virus Stimulus Package Now at $2-T Plus in Phase 3

President Trump’s China Virus Stimulus Package Now at $2-T Plus in Phase 3

The coronavirus economic stimulus package being negotiated in a late session by the Senate Saturday will exceed $2-T, according to estimates by the White House National Economic Council Director Larry Kudlow. “The package is coming in at about 10% of GDP,” Mr. Kudlow said. “It is very large.” That would mean more than $2-T, a reporter […]

Soak Up Culture at Home During ‘The China Virus” Lockdown

Soak Up Culture at Home During ‘The China Virus” Lockdown

During these uncertain times, it is good to know that we can count on our love for all the beautiful things in this world.  Much of the global population is at a standstill as scientists and governments try and stem the spread of coronavirus. Happily, cultural centers including museums, theaters, and national parks, are stepping up […]