A Solid Post Virus Crisis Rebound Ahead

A Solid Post Virus Crisis Rebound Ahead

“We were strong before we went into the health crisis, we will be strong when we come out of it,” said Dallas Fed President Robert Kaplan 2 Fed regional bank Presidents expressed confidence the US economy can rebound strongly after coronavirus restrictions on consumers and businesses are lifted. “This is a public health crisis” and […]

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

Commentary: Paul Ebeling on Wall Street, the Financial World Vs the Coronavirus

$DIA $SPY $QQQ $RUTX $VXX There is something very different about the coronavirus and the world’s reaction to it. That reaction is unprecedented, and unnerving. The past 4 wks have seen huge responses from central banks which were confident in the global economic outlook and in no hurry to move on rates. Since then we […]

Extraordinary Measures are Being Taken to Limit the Virus Spread

Extraordinary Measures are Being Taken to Limit the Virus Spread

$MSFT, $BRK.A, $BRK.B, Big Q: Do the globalists believe they can strip The People of their wealth? On 18-October-19, Johns Hopkins Center for Health Security, WEF & Gates Foundation sponsored a pandemic exercise in NY for the emergence of a new fictional viral illness; “coronavirus acute pulmonary syndrome” At the weekend Bill Gates resigned from […]

The Message from Goldman Sacks on the Impact of this Election Year Virus

The Message from Goldman Sacks on the Impact of this Election Year Virus

$GS $SPY $OIL $USO The Goldman Sachs investor call Sunday. The Key economic take aways are: 50% of Americans will contract the virus (150-M people) as it is very communicable.  This is on a par with Rhinovirus aka the common cold, of which there are about 200 strains and which the majority of Americans will […]

People are Asking, “What is going on in this Stock Market?”

People are Asking, “What is going on in this Stock Market?”

$DIA $SPY $QQQ $RUTX The Big Q: What is going on in this Stock Market? The Big A: A confluence of confusion aka lots of unknowns. I have been in the stock market since Y 1981, and like everyone else I know in this game, have not see this kind of action ever. What we […]

Fed’s Powell: “Economy Is Fine but Fed Ready to Act as Needed”

Fed’s Powell: “Economy Is Fine but Fed Ready to Act as Needed”

$DIA $SPY $QQQ $RUTX $VXX Friday, Fed Chairman Powell said he will “act as appropriate” to support the economy in the face of risks posed by the coronavirus outbreak, though he said the economy remains in solid condition. “The fundamentals of the US economy remain strong,” Chairman Powell said in a statement released amid an ongoing […]

DJIA Dove 1,000 Pts as Investors Sought Safe-havens in Light of Rise in Virus Cases

DJIA Dove 1,000 Pts as Investors Sought Safe-havens in Light of Rise in Virus Cases

$DIA $SPY $QQQ $RUTX $MCSI $XAU $VXX Monday, Wall Street’s 3 major stock market indexes fell as investors moved to safe-havens after a rise in coronavirus cases outside China caused worries about the global economic impact of a potential pandemic. Note: WHO removed pandemic from the virus’ and downgraded to emergency Sunday. Wall Street’s 3 […]

Consumer Sentiment Marks 8-Month Highs

Consumer Sentiment Marks 8-Month Highs

US consumer sentiment increased in January to an 8-month high, indicating sustained optimism in the face of the coronavirus and the impeachment trial. The University of Michigan’s sentiment index for January rose to 99.8, up from 99.3 in December and compared with a preliminary reading of 99.1, data showed Friday. The gainer reflected a 6-month high in […]

States That Backed Donald Trump Growing Faster Than Hillary Clinton Supporters

States That Backed Donald Trump Growing Faster Than Hillary Clinton Supporters

$DIA, $SPY, $QQQ, $RUTX, $VXX The States that backed Republican President Trump in Y 2016 have enjoyed faster growth last year than states that supported Democrat Hillary Clinton, a Yelp index shows. Five of the 7 fastest-growing states in the US during Y 2019 went Red in the last Presidential election, according to a trend tracked […]

2020: No Chance of Recession

2020: No Chance of Recession

Barron’s annual roundtable of 10 veteran investors and economists agree that there’s almost no chance of a recession this year. The roundtable’s view of stocks is decidedly, albeit cautiously, optimistic, Barron’s reported. The 10 experts “all spoke of high valuations and noted a lack of catalysts to drive stocks higher. That led to some bemoaning that […]

See Stronger Economy, Higher Growth in This Election Year…Headed “Back to the 3% Growth Zone”

See Stronger Economy, Higher Growth in This Election Year…Headed “Back to the 3% Growth Zone”

$SPY White House economic adviser Larry Kudlow believes the US economy will continue to grow at a robust pace as the Y 2020 election season proceeds. “This continuing Bull market run indicates a lot of investor, consumer and business confidence, in my judgment,” Mr. Kudlow said. Early in Fridays session, the DJIA broke above 29,000 for […]

America’s Greatest Bull Market Powers Through the Mideast Storm

America’s Greatest Bull Market Powers Through the Mideast Storm

$DIA, $SPY, $QQQ, $RUTX, $VXX Late Friday US stocks came off from record-high marks as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gainers on the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the US government data showed, as the pace […]

2020: The Fed and Q-4’s Initiation

2020: The Fed and Q-4’s Initiation

$DIA $SPY $QQQ $RUTX $VXX Last September something happened in the “repo” short-term financing market. Liquidity dried up, interest rates spiked, and the Fed stepped in to save the day. On 12 December a New York Fed statement said its trading desk would increase its repo operations around year end “to ensure that the supply of reserves remains […]

The Financial Markets in Year of the Rat 2020

The Financial Markets in Year of the Rat 2020

$DIA, $SPY, $QQQ, $RUTX, $XRT, $IWM Our New Year is here and we are just a few weeks away from the Chinese New Year, so not too early to share some of my favorite Chinese Astrologer’s thoughts on the coming Year of the Rat, he is famous for his predictions, but not perfect. The background: […]

Wall Street Marks Another Record High on Consumer and Trade Optimism

Wall Street Marks Another Record High on Consumer and Trade Optimism

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street stocks hit record closing highs again Friday and the S&P 500 registered its biggest weekly percentage gain since early September after data showed a rise in consumer spending and investors continued to be optimistic over progress in the US-China trade dispute. President Trump declared progress on issues from […]

US Factory Output Rebounds

US Factory Output Rebounds

$GM, $USO US factory production rebounded by more than forecast in November and rose excluding a surge in auto production following the end of the General Motors (NYSE:GM) strike, in a sign of stabilization in manufacturing. The 1.1% increase in manufacturing output, the biggest gain since early 2018, followed a 0.7% decrease in October, Federal Reserve […]

US Consumer Spending on the Rise

US Consumer Spending on the Rise

$DIA, $SPY, $QQQ, $RUTX, $VXX Americans increased their spending in October at the fastest rate in 3 months even though income growth was essentially flat, its weakest showing in 13 months. The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best gainer since a 0.5% rise in July. An inflation gauge that is […]

DJIA Marks 100th Record Close Under President Trump

DJIA Marks 100th Record Close Under President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, US stocks edged higher, and all 3 major Wall Street indexes marked record levels, as upbeat comments by President Trump on trade talks eclipsed some softer-than-anticipated economic data, as the DJIA posted its 100th record close since Trump took office. President Trump said the United States and China were […]

Facts Do Not Square With Sensational Headlines…Tune Out the Noise

Facts Do Not Square With Sensational Headlines…Tune Out the Noise

$DIA, $SPY, $QQQ, $RUTX, $VXX Billionaire Ray Dalio said his macro hedge fund firm Bridgewater Associates does not have a net bet that the stock market will fall. A Wall Street Journal article published earlier Friday is “wrong,” Mr. Dalio wrote in a LinkedIn post. “I want to make clear that we don’t have any such […]

Americans Buy ‘Made in the USA’, Stocks Surge

Americans Buy ‘Made in the USA’, Stocks Surge

$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA and S&P 500 notched record closing highs again Thursday, as President Trump continues to cheer as the market continues to charge higher into record territory. “Stock Markets (all three) hit another ALL TIME & HISTORIC HIGH yesterday! You are sooo lucky to have me as your President (just kidding!). […]

The ‘Pot Party’ is Over, As it All Comes Down to Supply and Demand

The ‘Pot Party’ is Over, As it All Comes Down to Supply and Demand

$CGC, $ACB, $AAPL, This chart shows how pot inventories are growing and growing just like certain crop inventories did in the 1930’s: In just a year after Canada’s historic marijuana legalization, producers built up a massive surplus of the drug. In fact, just 4% of it produced in Canada in July has been sold. The […]

US Services Sector Says Economy Weathering Trade Dispute

US Services Sector Says Economy Weathering Trade Dispute

US services sector activity accelerated in August and private employers boosted hiring, suggesting the economy continued to grow at a moderate pace despite trade tensions which have stoked financial market fears of a recession. The upbeat reports Thursday took some of the sting from data this week that showed the manufacturing sector contracted for the […]

Wall Street Finished Mixed with a Bullish Bias Ahead of this Long Weekend

Wall Street Finished Mixed with a Bullish Bias Ahead of this Long Weekend

$DIA, #SPY,, $QQQ, $RUTX, $VXX Wall Street posted mixed results on Friday on month end re-balancing ahead of a holiday weekend in which a fresh round of US tariffs on Chinese imports were set for levy. The DJIA .DJI rose 37.4 pts, or 0.14%, to 26,399.65, the S&P 500 .SPX gained 1.45 pts, or 0.05%, to 2,926.03 and the […]

Gold, Silver Up, USD Down, Safe-Haven the Focus

Gold, Silver Up, USD Down, Safe-Haven the Focus

$GLD, $SLV, $USD, $XAU, $XAG Gold rose more than 1% Tuesday as fears of a possible recession gripped investors following disappointing US economic data, while silver marked $18 for the 1st time in nearly 2 years. Spot gold was up 1% at $1,540.57 oz at 1:41p EDT (1741 GMT), US gold futures for December settled […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Recession Special Report Bank of America’s (NYSE:BAC) CEO has just 1 reason why he does not see a recession looming. Mr. Moynihan says the “US consumer continues to spend and that will keep the US economy in good shape.” “But what is going to make that happen is the underling […]

American Miner Moving into Competition with China on Rare Earth Mineral Production in California

American Miner Moving into Competition with China on Rare Earth Mineral Production in California

The owner of the only US rare earths mine is hiring, as it looks to significantly boost production, part of a strategy to build out American refining capability after China raised tariffs on the minerals during this escalating trade dispute. By next year, MP Materials will be the 1st company to refine rare earths since […]

Gold Dipped on Mixed Economic Data

Gold Dipped on Mixed Economic Data

$GLD, $XAU, $USD Gold prices turned lower Tuesday after a strong retail sales reading sparked buying interest in the USD and pushed Treasury yields higher. Retail sales gained 0.4% in June, outpacing consensus forecasts for a meager 0.1% advance, the positive reading pushed the .DXY and bond yields higher. The USD-denominated precious Yellow metal reacts negatively […]

Philip Morris (NYSE:PM) Among “The Most Attractive Consumer Stocks”

Philip Morris (NYSE:PM) Among “The Most Attractive Consumer Stocks”

$PM We have told our managed money clients that a recent dip in Philip Morris (NYSE:PM) stock is a Golden buying opportunity. Shares of Philip Morris (NYSE:PM) have rebounded after a difficult year in US 2018. “Part of that is the result of the Food and Drug Administration’s approval of Philip Morris’s application to sell […]

If you were paying close attention last week you Keyed on This…

If you were paying close attention last week you Keyed on This…

$EURUSD FLASH: Last week, Fed Chairman Powell said, “…we will act as appropriate to sustain the expansion.” With those few words Chairman Powell took the strength out of the argument for a recession because the Fed is very powerful. And with the stock market rallying, President Trump threatening more tariffs on China, stocks are just […]

US Consumers Upbeat

US Consumers Upbeat

US consumer debt increased by the most in 5 months in April and topped estimates, suggesting more upbeat sentiment among Americans is supporting borrowing and spending. Total credit expanded $17.5-B from the prior month following an upwardly revised $11-B gain in March, Federal Reserve figures showed Friday. Revolving debt outstanding increased the most since November while non-revolving […]

Cannabis and Technology

Cannabis and Technology

Cannabis technology companies have created innovative products that tap into a handful of sectors from cultivation and extraction to manufacturing and retail. While the industry is still within its infancy stage due to enforced international regulations, many countries have moved forward and begun to legalize cannabis for medical use. Compared to the more saturated markets, […]

US Labor Market Solid

US Labor Market Solid

The number of Americans filing applications for unemployment benefits was flat to unchanged last week, suggesting the labor market remains on solid footing despite slowing economic activity. Initial claims for state unemployment benefits were flat to unchanged at a seasonally adjusted 218,000 for the week ended 1 June, the Labor Department said Thursday. Data for the prior […]

US Household Wealth Tops $108-T in Q-1

US Household Wealth Tops $108-T in Q-1

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX US household wealth marked a record in Q-1 as the stock market rallied, supporting consumers after Fed interest-rate hikes and trade dispute shocked investors late last year. Net worth for households and non-profit groups increased by $4.69-T, or 4.5%, to $108.6-T after a 3.7% drop in the prior frame, Federal […]

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US consumer confidence rose in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories. The surge in confidence reported by the Conference Board on Tuesday came despite an escalation in tensions in […]

US Consumer Confidence Up in April, Economic View is Bright, the Trump Polices are Working

US Consumer Confidence Up in April, Economic View is Bright, the Trump Polices are Working

FLASH: The Trump Policies are working US consumer confidence was up in April as Americans felt more optimistic about present and future economic conditions, underscoring how a tight labor market and higher wages are underpinning attitudes amid some uncertainty. The Conference Board’s index climbed to 129.2, according to data from the New York-based group Tuesday that topped […]

Weak Inflation May Lead Fed to Cut Interest Rates

Weak Inflation May Lead Fed to Cut Interest Rates

$USD, $SPY, $QQQ, $DIA FLASH: Slowing inflation may lead the Fed to cut interest rates, White House economic adviser Larry Kudlow said in a TV interview Monday. “The Fed is independent, but they have been themselves talking about coming and lowering their inflation target, which might mean a lower interest rate adjustment on their own […]

Positive Consumer Data Driving the Market

Positive Consumer Data Driving the Market

$SPY, $QQQ, $DIA US consumer spending surged 0.9% in March, the biggest gainer in about 10 years, as inflation pressures remain non-existent. The March gain was the biggest monthly increase since August 2009, the Commerce Department reported Monday. That is a big improvement after 3 months of lackluster readings in this Key segment of the economy. Consumer […]

Fed Mins ‘Dovish’, No Interest Rate Increases This Year and Into 2020

Fed Mins ‘Dovish’, No Interest Rate Increases This Year and Into 2020

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The majority of Fed officials last month believed that economic conditions would likely warrant keeping its Dovish monetary policy unchanged for the rest of this year. Several officials said their view could shift in either direction based on incoming data, according to minutes of the meeting released Wednesday. Weaker growth […]

US Consumer Confidence Still Confident

US Consumer Confidence Still Confident

American consumers were feeling less confident this month amid continued volatility in the financial markets. The Conference Board, a business research group, says its consumer confidence index fell to 124.1 in March from 131.4 in February. The index, covering through 14 March measures consumers’ assessment of current economic conditions and their expectations for the next 6 months. […]

Apple’s (NASDAQ:AAPL) CEO Tim Cook ‘”Extremely Bullish” Global Economy

Apple’s (NASDAQ:AAPL) CEO Tim Cook ‘”Extremely Bullish” Global Economy

$AAPL Apple (NASDAQ:AAPL) CEO Tim Cook said Saturday that he is “extremely bullish” about the global economy based on the amount of innovation underway, and urged China to continue to “open up” due to the complaints of US and others that it is shutting foreign firms out of Key high-tech industries. In a speech at […]

President Trump’s Tariff Strategy Working…

President Trump’s Tariff Strategy Working…

$JPM JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon mow admits that President Trump’s strategy of imposing economic tariffs may just be paying off. “As a negotiating strategy, it might’ve worked,” Mr. Dimon said on TV. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of […]

US Consumer Sentiment on High Income Optimism

US Consumer Sentiment on High Income Optimism

FLASH: US consumer sentiment rose by more than expected as optimism picked up for incomes and the economy, suggesting support for growth in coming months. The University of Michigan’s (MSI) preliminary March sentiment index advanced to 97.8, the highest this year, compared with the median forecast of 95.6 in a Bloomberg survey of economists, according to […]

Tuesday the Broad Market Extends the Gains Off Friday’s Recovery

Tuesday the Broad Market Extends the Gains Off Friday’s Recovery

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Small businesses see bright future ahead Most S&P 500 sectors finish with gains Softening Consumer Price Index for February reinforced notion Fed will be patient US Treasury yields even lower Optimism among small companies in the US improved in February, snapping a 5-month losing streak that was the longest […]

Global Economy Hits Weakest Patch Since Financial Crisis

Global Economy Hits Weakest Patch Since Financial Crisis

The global economy’s softened throughout Y 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago. A new GDP tracker puts world growth at 2.1% on a Q-Q annualized basis, down from about 4% in the middle of last year. While there is a chance that the economy […]

Inflation Expectations Hit 50 Year Lows in the US

Inflation Expectations Hit 50 Year Lows in the US

FLASH: Inflation expectations fell to a 50 year lows in February, according to the University of Michigan’s Survey of Consumers (MSI). Overall consumer sentiment bounced back in February following the end of the Federal government shutdown, although the rebound was smaller than economists anticipated.  The survey produced a reading of 93.8 for final February, up 2.6 points […]

US Consumer Sentiment Comes Back

US Consumer Sentiment Comes Back

The measure of US consumer sentiment improved for the 1st time in 5 weeks as political tension in Washington eased after the longest government shutdown in the country’s history. The Consumer Comfort Index rose to 58.2 last week from 57.4, according to a report Thursday. A measure of ratings about personal finances climbed to a […]

US Consumption, Business Optimism Remains Strong

US Consumption, Business Optimism Remains Strong

$BAC, $CG US consumer spending and business optimism remains strong in the United States despite disruption in the global economy because of trade disputes and the US government shutdown, Bank of America (NYSE:BAC) CEO Brian Moynihan said Thursday. “Based on experts and consumer activity (this month), it looks like a solid year for the US, […]

Ferrari (NYSE:RACE) Seen as Top Auto Stock in 2019

Ferrari (NYSE:RACE) Seen as Top Auto Stock in 2019

$RACE, $PAG, $GM Ferrari is an auto stock to watch in Y 2019 as the iconic Italian manufacturer plans to expand its production over the next 7 years Ferrari and Penske are on the top auto stocks to buy in the New Year, Consumer Edge Research’s Jamie Albertine said on TV Wednesday. The automotive research […]

The Street’s Key Stock Analysts Research Reports

$BAC, $AEP, $KO, $XOM, $MCD, $PG, $PFE Daily HeffX-LTN reviews dozens of  the 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 a list of The Street’s Key analysts outlook for Key dividend producing issues for Thursday from Bank of America Merrill Lynch (NYSE:BAC) […]

Equities Finished Lower on Weaker Energy and FAANGs

Equities Finished Lower on Weaker Energy and FAANGs

Equities Finished Lower on Weaker Energy and FAANGs $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX The S&P 500 fell 3.8% on this Holiday-shortened trading week, erasing its gain for the year. The DJIA lost 4.4%, the NAS Comp lost 4.3%, and the Russell 2000 lost 2.6%. The S&P 500 lost 0.7% Friday on low-volume. Friday’s session […]

US Consumer Sentiment on Track for Best Year Since 2000

US Consumer Sentiment on Track for Best Year Since 2000

US Consumer Sentiment on Track for Best Year Since 2000 Consumers ready to Pick Up Spending Heading into Holiday Season US consumers have greater certainty about job and income prospects. University of Michigan’s (MSI) consumer sentiment index flat to unchanged but remains strong US consumer sentiment topped analysts expectations to stay on track for its best […]

Tesla (NASDAQ:TSLA) Model S Luxury Sedan Lost its “Recommended” Rating + Earnings FLASH

Tesla (NASDAQ:TSLA) Model S Luxury Sedan Lost its “Recommended” Rating + Earnings FLASH

Tesla (NASDAQ:TSLA) Model S Luxury Sedan Lost its “Recommended” Rating + Earnings FLASH $TSLA The M-3 sedan, seen as Key to Tesla’s profitability, debuted in CR’s with “Average” reliability. M-X SUV is rated “Much Worse Than Average” The M-S luxury sedan dropped to “Below Average” from “Above Average” and is not recommended. Tesla actually made money last […]

S&P 500 Earnings Preview: Q-3 Y 2018

S&P 500 Earnings Preview: Q-3 Y 2018

S&P 500 Earnings Preview: Q-3 Y 2018 $SPY, $JPM, $C, $WFC, $USD Earnings reporting period is here once again, and it always commands a great deal of attention because earnings drive stock prices over the long term. The S&P 500 has been underpinned by impressive earnings growth. The Q-3 reporting frame, which begins in earnest […]

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing The Trump Effect has Made America Great Again, and Is Keeping America Great! The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which continues to underpin economic growth. The labor market, which is […]

US Economic Growth: Consumer Spending Up, Inflation Moderate

US Economic Growth: Consumer Spending Up, Inflation Moderate

US Economic Growth: Consumer Spending Up, Inflation Moderate US consumer spending saw a steady increase in August, supporting expectations of solid economic growth in Q-3, while a measure of underlying inflation remained at the Fed’s 2 percent target for a 4th month running. Friday, economists said the report from the US Commerce Department should allay […]

The Trump Economy: Consumer Confidence Rises 18-Year High

The Trump Economy: Consumer Confidence Rises 18-Year High

The Trump Economy: Consumer Confidence Rises 18-Year High US consumer confidence rose to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an increasingly bitter trade dispute between the US and China. While other data Tuesday showed a moderation in house price […]

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain

President Trump Sees Gain From China Tariffs as Worth US Pain The Trump Administration said it needs to confront China over its trading practices to defend US long-term interests even as escalating tariffs may cause discomfort for American consumers. Inaction by the US would leave the American economy and consumers worse off over the longer […]

The Trump Effect: US Economy is Strong

The Trump Effect: US Economy is Strong

The Trump Effect: US Economy is Strong $DIA The strong US economy continues under President Donald Trump. A string of reports Thursday showed the labor market is getting stronger, consumers are increasingly optimistic and manufacturers are expanding, adding to signs that GDP (gross domestic product) remains on track for a solid performance in Q-3 Filings […]

 The Trump Economy Is ‘Killing It’ Right Now

 The Trump Economy Is ‘Killing It’ Right Now

 The Trump Economy Is ‘Killing It’ Right Now $DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow urges all Americans to give President Donald Trump’s negotiating strategy more time because the “entire world” will benefit if all goes if planned because he “is doing the Lord’s work.” As evidence, Mr. Kudlow offers the […]

Canadian Marijuana ETF in Shares Up 124% Since April

Canadian Marijuana ETF in Shares Up 124% Since April

Canadian Marijuana ETF in Shares Up 124% Since April $HMMJ, $MJ, $CGC, $STZ, $SMG The 1st marijuana ETF (exchange-traded fund) has reached a milestone that has as much to do with surging marijuana stocks as it does with investor inflows. The Horizons Marijuana Life Sciences Index ETF’s (HMMJ) total assets have grown to more than […]

Atlanta Fed Lifts Q-3 GDP Prediction to 4.7%

Atlanta Fed Lifts Q-3 GDP Prediction to 4.7%

Atlanta Fed Lifts Q-3 GDP Prediction to 4.7% $DIA, $SPY, $QQQ, $RUTX, $VXX The next GDPNow update is Wednesday, 5 September. The US economy is growing at a 4.7% annualized rate in Q-3, the Atlanta Federal Reserve’s GDPNow forecast model showed on Tuesday, following the latest data on construction spending and factory activity. This is now […]

MAGA Effect:Household Income Spikes

MAGA Effect:Household Income Spikes

MAGA Effect:Household Income Spikes US median household income is at all-time highs US median household income has risen more than 4% since President Donald Trump took office on the overall strong economic growth and robust optimism. Inflation-adjusted median household incomes in July hit $62,450, according to the latest release from Sentier Research. “That’s the highest level […]

US Economy Grows Most in 4 Years

US Economy Grows Most in 4 Years

US Economy Grows Most in 4 Years US economic growth has come in stronger than initially estimated in Q-2, posting its best performance in nearly 4 years, as businesses boosted spending on software and imports declined. Gross domestic product (GDP) increased at a 4.2% annualized rate, the US Commerce Department said Wednesday in its 2nd […]

US Consumers Financial Stress Falls to All-Time Low on Rising Incomes

US Consumers Financial Stress Falls to All-Time Low on Rising Incomes

US Consumers Financial Stress Falls to All-Time Low on Rising Incomes  August Consumer Confidence (actual 133.4, consensus 126.5, prior 127.9) Note: August marks the 2nd time this year that financial stress levels have reached an all-time low, with the previous instance occurring in May, when the Index dropped to 49.9. Further, our stress indicator has […]

Morning Briefing: Special Report on Strong US Retail

Morning Briefing: Special Report on Strong US Retail

Morning Briefing: Special Report on Strong US Retail $WMT, $COST, $AMZN, $LOW, $URBN, $DG, $HD, $DLTR, $JWN On the world markets: World stocks rose Friday as news of plans for US-China trade talks stoked positive sentiment over their tariff dust up, DJIA finished comfortably above Key resistance at 25,500  expect a pause to refresh and the […]

Investors Cautious on Equities Despite Low Unemployment, Strong Growth

Investors Cautious on Equities Despite Low Unemployment, Strong Growth

Investors Cautious on Equities Despite Low Unemployment, Strong Growth Americans were less upbeat about stock even as the US unemployment rate hovered near an 18-year low and the economy recorded its fastest growth pace in four years in the second quarter, a New York Fed survey released Monday revealed. The regional Fed’s barometer on consumers’ […]

Collapsing Turkish Lira Shakes World Stock Markets

Collapsing Turkish Lira Shakes World Stock Markets

Collapsing Turkish Lira Shakes World Stock Markets $DIA, $SPY, $QQQ, $RUTX, $VXX A plunging Turkish lira sent shock waves through global equity markets Friday, causing concerns over the financial health of lenders with heavy exposure to the economically-struggling country. The S&P 500 lost 0.7%, dropping into the red for the week (-0.3%), and the Nasdaq […]

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears

US Producer Price Index Flat, Restraining Inflation Fears $DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices were unchanged in July after 2 months of increases, indicating inflation pressures have softened a bit. Thursday, the Labor Department said that the PPI (producer price index) which measures price changes before they reach the consumer increased 3.3% last month […]

Oregon Has an Oversupply of Marijuana, Most Goes Unsold

Oregon Has an Oversupply of Marijuana, Most Goes Unsold

Oregon Has an Oversupply of Marijuana, Most Goes Unsold Commentary: The Oregon cannabis market is very much over-saturated. For consumers, this is great. One can walk into nearly any Oregon dispensary and find buy a gram of quality ‘bud’ for $5.00, and even concentrates are dropping in price. When the state began legal recreational sales in Y 2016, […]

US Consumer Spending Rises, Inflation Continues to Strengthen

US Consumer Spending Rises, Inflation Continues to Strengthen

US Consumer Spending Rises, Inflation Continues to Strengthen Consumer spending increased solidly in June as US households spent more on restaurants and accommodation, building a strong base for the economy heading into Q-3, inflation rose moderately. The Commerce Department said on Tuesday consumer spending, which accounts for nearly 70% of US economic activity, rose 0.4% last […]

Atlanta Fed: “US Economy Growing at 4.5% Annualized Rate”

Atlanta Fed: “US Economy Growing at 4.5% Annualized Rate”

Atlanta Fed: “US Economy Growing at 4.5% Annualized Rate” $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, the Atlanta Fed announced that the US economy is growing at a 4.5% annualized rate in Q-2 following the latest data on strong retail-sales data, the GDPNow forecast model showed. The latest estimate on GDP growth is faster than the […]

US Consumer Expectations are Still Running High

US Consumer Expectations are Still Running High

US Consumer Expectations are Still Running High $DIA, $SPY, $QQQ, $RUTX, $VXX About 2/3rds of Americans see the US economy as Good to Great. Monday night President Trump’s top trade adviser Peter Navarro said the White House is not planning to restrict foreign investment as part of its trade actions against China or any other country. […]

Highlights of Consumer Comfort or Week Ended 18 June 2018

Highlights of Consumer Comfort or Week Ended 18 June 2018

Highlights of Consumer Comfort or Week Ended 18 June 2018 Americans’ expectations for the economy advanced for a second month in June to match the highest Mark since Y 2002, the Consumer Comfort Index showed Thursday. Highlights of Consumer Comfort for Week Ended 18 June 2018 Monthly gauge of economic expectations increased to 56 from 54.5 Weekly consumer […]

Supreme Court: “States Can Tax Amazon Marketplace”

Supreme Court: “States Can Tax Amazon Marketplace”

Supreme Court: “States Can Tax Amazon Marketplace” $AMZN Thursday, the US Supreme Court ruling will now allow states and local governments to pursue sales taxes on more online transactions. The Big Q: How can states collect it? Amazon.com (NASDAQ:AMZN) the world’s largest online retailer already takes in sales taxes in all states that charge them […]

MSI: Consumer Sentiment Rises on Americans Optimism

MSI: Consumer Sentiment Rises on Americans Optimism

MSI: Consumer Sentiment Rises on Americans Optimism US consumer sentiment rose this month amid more-favorable personal finances, while tariffs weighed on Americans’ optimism for the economy and helped boost inflation expectations to a three-year high, according to a University of Michigan report Friday. Highlights of Michigan Sentiment (June, Preliminary) Sentiment index rose to 99.3 (est. 98.5) from 98 […]

If You Do Not Know What Bitcoin is, Read This Please

If You Do Not Know What Bitcoin is, Read This Please

If You Do Not Know What Bitcoin is, Read This Please $BTCUSD, $ETHUSD, $CME, $CBOE, $V, $MA If you are 1 of those people who do not know what Bitcoin and other cryptocurrencies are read this, as there is a keen international interest in this nascent digital asset. Interest in digital currency has expanded over […]

1 2 3