The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4% $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, the S&P 500 finished with a gainer of 0.1%, driven by financial shares, which rallied on another rise in interest rates. The blue-chip DJIA outperformed, adding 0.6%, the NAS Comp lagged, closing lower by 0.1%, and the small-cap Russell […]
Wall Street Not Worried About President Trump’s Trade Policy $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street finished higher Tuesday in a broad-based rally as investors brushed aside trade rhetoric between the United States and China showing no fear, only cheer. All 3 major U.S. indexes closed higher following Monday’s pause to refresh. Late Monday, US […]
President Trump’s Chinese Tariff Announcement Dampen Sentiment $DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Monday, with tech shares leading the retreat, as investors prepared for another tranche of US tariffs on Chinese goods. This latest round of tariffs is expected to slap a duty of around 10% on $200-B worth of Chinese goods. Beijing […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, lots more US economic data this week. We will see the Empire PMI Monday and the Philly Fed Thursday. Housing starts, Existing home sales, Leading indicators also this week. The the major US major stock market indexes continue to trend higher and in the face […]
Hurricane Florence Will Not ‘Move the Needle’ on US Economy $DIA, $SPY, $QQQ, $RUTX, $VXX US Commerce Secretary Wilbur Ross predicts that Hurricane Florence will not be devastating to the overall US economic, despite any financial damage to North and South Carolina. “Overall, it’s not going to move the national economy,” Ross said Thursday while touring […]
Savvy Investors Will View Any Market Correction as a Buying Opportunity $DIA, $SPY, $QQQ Always be careful and keep political analysis seperate from company analysis. With the midterm elections looming the chances are there could be some changes ahead. The President’s party tends to lose seats in mid-term elections, and with the GOP holding a […]
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 […]
“Investors Should Always Be In The Stock Market” $DIA, $SPY, $QQQ, $RUTX, $VXX Investment guru Jack Bogle, 89 anni, gives some common-sense advice to savvy investors very similar to many lottery-advertising slogans: You have to play to Win! The Vanguard founder and former CEO advises that investors shouldn’t try to time the market. “Never, never, […]
“Trump Deserves to Win Nobel Prize for Economics” $DIA, $SPY, $QQQ, $RUTX, $VXX The USA is Open for Business! Last week I asked a friend at the White House about how the President was holding up against the onslaught of media attacks. “They didn’t even deliver a glancing blow,” was the response. It was not […]
Americans are Optimistic About the Future $DIA, $SPY, $QQQ, $RUTX, $VXX Economists say the country is close to full employment, but pay gains for American workers have been flat since Y 2015. Even last week’s upward blip in wage growth could be wiped out by inflation. Yet Americans have not been this optimistic about future […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Lots more US economic data this week. Consumer credit, Small business sentiment, PPI, CPI, Fed Beige Book, retail sales, Production plus. The CPI is watched because of the FOMC and its rate hiking. Retail sales are watched as a barometer of the consumer, though inflation as we know […]
Annual Wages Rise Most Since 2009 as US Adds 201,000 Jobs $DIA, $SPY, $QQQ, $RUTX, $VXX US job growth accelerated in August and wages notched their largest annual increase in more than 9 years, the clearest signs that the economy was so far weathering The Trump Administration’s escalating trade dispute with China. The Labor Department’s closely […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DAX looks Bearish near to medium term. DJIA, Shanghai and Nifty have a bit room to the Southside before a bounce higher, Japan’s Nikkei is trading above support marks and could start moving up again next week. PE In Washington US and Canadian officials continued to negotiate […]
The Trump Effect: Low Unemployment Makes Economy ‘as Good as it Gets’ $DIA, $SPY, $QQQ, $RUTX, $VXX Current economic conditions are “as good as it gets” for the Fed, a Key policymaker said Thursday. Looking ahead, investors will receive the Employment Situation report for August Friday, the consensus expecting an increase of 187,000 in NFPs, an […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DAX looks Bearish near to medium term. DJIA, Shanghai and Nifty have a bit room to the Southside before a bounce higher, Japan’s Nikkei is trading above support marks and could start moving up again next week. PE In Washington Trade talks between the US […]
Fed’s Bullard Makes Case Again for Halting Interest Rate Hikes $DIA, $SPY, $QQQ, $RUTX, $VXX The US Federal Reserve should hold off on further interest rate rises because the stance of monetary policy is already at neutral or possibly restrictive, St. Louis Federal Reserve Bank President James Bullard said Wednesday. Mr. Bullard has repeatedly raised […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Globally, stocks look Bearish in here, except DAX which could bounce from support below current levels. Nifty and Nikkei have room on the Southside too. Shanghai could range trade this week with some Bearishness. And overall the DJIA is Bullish after a pause […]
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 […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The US markets will be closed Monday in celebration of Labor Day. Last Friday’s Wall Street action ahead of an extended Labor Day weekend was eventful in terms of trade-related headlines, but an uneventful one for the major US major stock market indexes averages, which […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Again, overall global stock market indexes look Bullish in here. PE In Friday’s US trading session was eventful in terms of trade-related headlines, but uneventful for the major averages, which finished flat to unchanged. The S&P 500 (Unch) added less than a point, the NAS […]
President Trump Cuts More Regulations, Small Businesses Benefit $DIA, $SPY, $QQQ, $RUTX, $VXX US markets will be closed Monday in celebration of Labor Day. Friday, President Donald Trump directed the Labor and Treasury departments to work to make it easier for small businesses to band together to offer retirement plans to their workers. President Trump […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Again, overall global stock market indexes look Bullish in here, except Shanghai and DAX which could see some Neutral range trading during this week. PE Caution: There could be some corrective dips in the stock indices globally. Nifty, DJIA, DAX and Shanghai could see some backing and […]
US Stocks Indexes Paused, Dipped After Record Runs $DIA, $SPY, $QQQ, $RUTX, $VXX Stock indexes pulled back from record highs Thursday, as President Trump said he wants to impose tariffs on $200-B worth of Chinese goods next week. President Trump has not made his final decision regarding this new round of tariffs on China, the […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall global stock market indexes look Bullish in here, except Shanghai and DAX which could see some Neutral range trading during this week. PE Caution: There could be some corrective dips in the stock indices globally. Nifty, DJIA, DAX and Shanghai could see some backing and filling in […]
S&P 500 and NAS Comp Notch Record Highs Again $DIA, $SPY, $QQQ, $RUTX, $VXX There is room to run in the equity markets with more records being hit, especially with the momentum on trade. S&P 500 and the NAS Comp hit all-time highs for the 4th session running Wednesday, boosted by a rise in Amazon.com […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall global stock market indexes look Bullish in here, except Shanghai and DAX which could see some Neutral range trading during this week. PE Notes: Tuesday, the S&P 500 closed at a new record high for the 3rd session running. It was a range-bound trading day, with the S&P […]
US Stock Market Indexes Finished Flat to Little Changed $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the S&P 500 closed at a new record high for the 3rd session running. It was a range-bound trading day, with the S&P 500 keeping between -0.1% and +0.2%, and 7 of the 11 sectors finished in the Red. The […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Globally all of the major stock indices look Bullish near term. Commentary: Overall global stock market indexes look Bullish in here, except Shanghai and DAX which could see some Neutral range trading during this week. PE Notes: Wall Street extended Friday’s drive into record territory Monday, with the S&P […]
Broad Based Wall Street Rally Continues to Post Record Closes $DIA, $SPY, $QQQ,$RUTX, $VXX US and Mexico reached bi-lateral trade agreement; Canada will now join the discussions Buying momentum following new records for the S&P 500, NAS Comp, and Russell 2000 Cyclical sectors outperform; heavily-weighted financial group particularly strong Wall Street’s broad-based rally drove the […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Up this week: US Consumer Confidence, 2nd GDP read, Personal income and spending, Chicago PMI. Classic Fed interest rate moves miscalculations is always cause for concern, as the Fed is making its same mistakes: it sees an overall still strong economy, stocks still strong, and it ignores […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall global stock market indexes look Bullish in here, except Shanghai and DAX which could see some Neutral range trading during this week. PE Notes: Last Friday was a record-setting day for the US stock market, with the S&P 500 (+0.6%) marking its 1st record […]
Investors are Asking, What Do I Do Now? $DIA, $SPY, $QQQ Investors are constantly bombarded by the daily Noise about stocks and stock trading, so do not lose sight of what matters. Because as long as things are going well stay put, always take what the market gives. Do not panic over a big down […]
Global Investors Buying US Stocks, S&P 500 at Record Highs $DIA, $SPY, $QQQ, $RUTX, $VXX Global Investors bought into US stocks this week which set their longest-ever market rally. That action declared the end of a “tsunami” of tech fund inflows which have driven the market higher, noting tiny inflows of $0.1-B this week after […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global equities are mixed. DJIA and Shanghai looks weak while Dax, Nikkei and Nifty have scope of rising in the near term. PE Notes: US stocks dipped for a 2nd day running Thursday. The benchmark S&P 500 index inched away from its elusive 26 […]
On the Resolution of China and NAFTA Trade Talks US Stock See Next Leg North $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Wharton School finance professor Jeremy Siegel advised savvy investors that the current Bull market could extend as much as 10% higher if the US were to settle its trade dust-up with China and reach a […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Asia Pacific stocks look Bullish in here as the DIA pausing to refresh.PE Notes: The S&P 500 held steady Wednesday, finishing finishing flat to unchanged. Investors had several headlines to work through, including criminal convictions of 2 former advisers to President Trump and the […]
S&P 500 Index Marks Longest Bull Run on Record $SPY, $DIA, $QQQ, $RUTX Wednesday, the major US stock indexes paused in trading, as the market marked the longest Bull run in history. Gainers in technology stocks, retailers and energy companies outweighed losses in industrial firms and elsewhere in the market. The S&P 500 held steady, […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global equities look Bullish in here as the DIA clearly broke Key resistance.PE Notes: The S&P 500 notched its 4th straight advance Tuesday, adding 0.2%, and tapped at a new intra-day record at 2873.23 before pulling back in the afternoon settling 0.4% below its […]
S&P 500 Marked Record High in the Longest Bull Market on Record $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the benchmark S&P 500 marked a record high, as US stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China. The S&P rose as much as […]
Keeping Records? This is the Longest Bull Market in Stocks on Record $DIA, $SPY, $QQQ, $RUTX Are you 1 of us who keeps good records? Well thank take some time Wednesday and look up some old 401(k) or mutual fund statements, then check your balance on 9 March 2009. The difference from then and now […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global equities reversed overnight and look Bullish in here as the DIA broke Key resistance.PE Notes: The S&P 500 advanced 0.2% Monday, closing higher for a 3rd session running, and is now just 0.6% below its 26 January record high. Optimism ahead of resumed trade […]
US Stocks Outperforming the World’s Equity Markets $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks are outperforming the other major overseas stock indexes for the past 8 months. The positive trend began when President Donald Trump started his “America First” campaign aimed at making free trade fairer trade with America’s major trading partners. During this current […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, so lets look at the technicals DJIA leads as money rotates form tech’s to its blue chips Tech leaders topping, the rotation allows the move to continue; some leaders will soon drop out. DJIA: Thursday the DIA finished solidly higher, […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Global stocks do not look very strong in here, as they could see rejections from resistances above current marks, consolidation is preferred in here. PE Notes: The S&P 500 advanced 0.3% Friday, posting a weekly gainer of 0.6%, helped by a report that […]
Investors Bullish Stocks As This Long Bull Run Extends $DIA, $SPY, $QQQ, $RTUX, $VXX This longest Bull run on record has taken US stocks to record highs this year may be about to run further North, according to the latest survey of fund managers by Bank of America Merrill Lynch (BoAML). Allocations to US stocks […]
US Stock Broke Out Above Strong Resistances Extending the Longest Bull Run on Record $DIA, $SPY, $QQQ, $RUTX, $VXX HeffX-LTN’s overall out look for the US equities market is Bullish Stocks rallied Thursday, the S&P 500 opened higher and extended gains into the afternoon, the benchmark index finished +0.8% off its session highs. The DJIA […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: US stocks dropped for the 5th time in 6 sessions on Wednesday as tensions between the Us and Turkey tightened and Crude Oil prices fell to 2-month lows, weighing on energy shares. Late-afternoon reports that Turkey is in discussion on the issues with the […]
US Market Indexes Tested Key Support and Reversed Again $DIA, $SPY, $QQQ, $RUTX, $VXX The major US stock market indexes for the 5th time in 6 sessions Wednesday to test Key support and bounced. The S&P 500 finished lower by 0.8% after being down as much as 1.3% intra-day. The DJIA and the NAS Comp […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA extend it bounce off of Monday’s lows as expected.PE Notes:The S&P 500 continued North Tuesday, ending its 4-session losing streak with a gainer of 0.6%. The NAS Comp and the DIA also advanced, adding 0.7% and 0.5%, respectively. The major averages quickly […]
Turkish Lira Recovers, S&P 500 Caps Losing Streak $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the major US stock market indexes finished at: DJIA +112.22 at 25299.92, NAS Comp +51.19 at 7870.91, S&P 500 +18.03 at 2839.70, Volume: Trade on the NYSE came in at 657-M/shares exchanged The S&P 500 bounced Tuesday, ending its 4-session losing streak with a gainer of 0.6%. The NAS […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA likely to extend it bounce off of Monday’s lows in here.PE Notes: The S&P 500 notched its 4th loss running Monday -0.4%, as the Turkish Lira fall halted, still there are concerns over the financial health of banks with exposure to the struggling […]
Millennials, Baby Boomers to Fuel Historic Economic Expansion $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, investment guru Ed Yardeni predicted millennials and baby boomers will help the US achieve its greatest economic expansion in history. “They the baby boomers are increasingly becoming minimalists. They are trading down in terms of houses that they want to live […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, just as Key economic data coming up. This week we have: retail sales, Empire manufacturing and Philly Fed, industrial production and capacity, housing starts, leading indicators, and MSI. Data is important as it is important the US economy remain […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: World major stock indexes look Bearish this week and could see lower marks in here.PE DJIA at 25313.14, -0.77% looks to be holding well below the resistance on the 3-Day candles and looks Bearish near term. Unless an rise now is seen that takes […]
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 […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA broke out Monday, and ran up Tuesday, paused to refresh Wednesday and Thursday, DAX is testing support. Overall equities could see a bounce in the next week. Major supports and resistances are seen near current marks and should near term. PE DJIA at 25509.23, -0.29% […]
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 […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA broke out Monday, and ran up Tuesday, paused to refresh Wednesday, DAX looks like it want to mark higher but will wait for confirmation. PE DJIA at 25583.75, -0.18% broke above major resistances and is set to rise near to medium term, currently the […]
US Stocks: The Bulls Paused to Refresh $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday in light trade the S&P 500 finished off a bit, capping a 4-session streak. The SPY lost 0.1%, now just 0.5% of its 26 January record high. The NAS Comp ticked up, adding 0.1%. The DIA gave back 0.2%. No sector advanced […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA broke out Monday, and ran up Tuesday, DAX looks like it want to mark higher. PE DJIA at 25628.91, +0.50%: DIA moved up as expected and can run to 25750 after a pause to refresh in here. The resistance on the 3-day and weekly […]
US Stocks Headed to Record Territory $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, US stocks advanced for a 4th session running, with the S&P 500 climbing 0.3% to 2858. The benchmark index is now within 0.5% of its 26 January record high. The tech-heavy NAS Comp climbed 0.3%, and the DJIA rose 0.5%. The S&P 500 […]
Morning Briefing: Major World Equities Market Indexes $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA broke out on quiet trade, DAX settled back and looks to test lower in here. PE DJIA at 25502.18, +0.16%: DA has broke above Key resistance at 25500 on Monday. If this rise sustains above 25500, DIA could continue to move up to 25750 […]
S&P 500 Companies Stock Buybacks to Hit $1-T this Year $DIA, $SPY, $QQQ, $RUTX, $VXX Investors should focus on the $1-T number that will have a Key influence on the market, total buyback authorizations. Last week investors focused on Apple Inc.’s (NASDAQ:AAPL) value. But another trillion-dollar threshold is coming soon, and is more relevant to […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, the big cap indexes are set up well. The small and mid-caps are near the old highs and testing. Earnings are set up, ready to drive this market North. The Technicals DJIA: The DIA struggled more on the trade issues than did the S&P […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new PE DJIA at 25462.58, +0.54% has moved up to re-test 1st resistance at 25500 and if that holds, DIA could trade neutral or sideways below 25500 for sometime and/or see a dip. Only on a clear break above 25500 expect Bullishness in the benchmark DIA over the longer […]
The Race is On to Join the ‘Trillion Dollar Club’ $DIA, $SPY, $QQQ, $RUTX, $VXX Amazon, Microsoft and Alphabet are in the race to become the 2nd publicly-listed US company to reach a $1-T stock market value after Apple (NASDAQ:AAPL) became the 1st to race to the Big T milestone. Wall Street’s optimism about last […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: We are seeing movement in the major stock indexes in here. Shanghai and Nifty have come off, Nikkei, DAX and DIA may have room to move to 25,500 before facing rejection from their resistances. PE DJIA at 25326.16, -0.03% is likely to hold, and see range trading […]
Apple (NASDAQ:AAPL) and Tech Giants are Top 5 in Value $DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL Thursday, Apple (NASDAQ:AAPL) became the 1st public company to exceed $1-T in market cap, just 2 days after reporting better-than-expected Quarterly earnings. The personal technology giant is known for the iPhone smartphone, tablet and Macbook laptops, as well as […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall global stocks are mixed, except Shanghai which faded from resistance, the other indexes are trading below resistance marks and could soon fade too. Pay attention in here. PE DJIA at 25333.82, -0.32% closed lower but above support above 25250, there may come a bounce to 25500 or higher medium term. […]
Fed’s FOMC Votes 8-0 to Leave Fed Fund’s Rate Unchanged $DIA, $SPY, $QQQ, $RTUX, $VXX The FOMC left the benchmark interest rate unchanged, and reiterating their plan to gradually lift borrowing costs to keep the economy expanding at a healthy pace. Economic activity has been “rising at a strong rate,” and the unemployment rate “has […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Again the major indexes have risen near term, there are resistances medium term. Be cautious at these marks. PE DJIA at 25415.19, +0.43% has risen and needs to sustain above 25250. Sideways movement or fall to 25250 could weaken the Bullish momentum. We wait to see. DAX at 12805.50, […]
China Back at the US Trade Negotiations Table $DIA, $SPY, $QQQ, $RUTX, $VXX The US and China are working restart talks to avert trade war between the world’s 2 largest economies. Representatives of US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are having private conversations as they look for ways to reengage […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: The major indexes have risen near term, there are resistances medium term. Be cautious at these marks. PE DJIA at 25306.83, -0.579% faded from just above 25500, I had expected DIA to gain Bullish strength and rally to 26000+. Lets see if DIA moves back in the […]
President Trump’s Tax Cut, Deregulation Have ‘Accelerated Growth’ $DIA, $SPY, $QQQ, $RUTX, $VXX Monday JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said Monday that President Donald Trump’s tax cuts, along with some of his other efforts, have helped out the U.S. economy. “Presidents get a lot of credit [and] a lot of blame […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, the big cap indexes are set up well. The small and mid-caps are near the old highs and testing. Earnings are set up, ready to drive market North. The Big Q: Will the EPS provide the catalyst? The Big A: Yes, accompanied with good […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DIA broke out continues to look Bullish. PE DJIA at 25451.06, -0.30% saw a bit of a dip, as part of the normal trading pattern within the uptrend that targets 26000+ medium term. DAX at 12860.40, +0.40% tested resistance at 12900 and looks to consolidate and move to 13000+ medium term, there is […]
Deep Insight: DJIA Vs Gold $DIA, $GLD, $SLV Gold and Dow Jones’ Step Sum Symmetry The Dow Jones Industrial Average (DIA) has broken above its BEV -5% line in the Bear’s Eye View chart below, closing the week only 4.38% from making a new BEV Zero, (new all-time high). T Be bulls deserve a big Bravo […]
Strong US Economic Growth Is Sustainable $DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the White House chief economic adviser Larry Kudlow said strong economic growth is sustainable and will continue. President Donald Trump hailed the 4.1% Q-2 growth rate as proof that “we’ve accomplished an economic turnaround of historic proportion.” “I don’t think this is the end of […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DIA broke out continues to look Bullish. PE DJIA at 25527.07, +0.44% is Bullish while it trades above 25250, near term target is the Psych mark at 26000. Note: There are strong resistances at 25800 (Key) and 26000 (Psych). DAX at 12809.23, +1.83% moved up following the rise in DIA, and could […]
US Hails EU Trade Deal, President Trump Says Others Can Also Make Progress $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, US Treasury Secretary Steven Mnuchin declared the the United States will move ahead with European trade talks and also aim to strike a deal with Mexico and Canada in stalled negotiations over the North American Free […]
US Q-2 GDP Figure Will Be ‘Big’ $DIA, $GM June Advance International Trade in Goods (actual -$68.30-B, consensus -$66.70-B) Advance Wholesale Inventories (actual 0.0%; prior 0.4%) June Durable Orders (actual 1.0% consensus 3.2%; prior -0.3%) June Durable Goods -ex trans (actual 0.4% consensus 0.4%; prior 0.3% White House economic adviser Larry Kudlow said Friday’s GDP release will reflect “big” […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DIA broke out looks Bullish. PE DJIA at25414.10, +0.68% has broken out above 25250, signaling near term Bullishness. While the momentum is on, DIA should to 26000 or higher near term after a confirm test of the breakout. DAX at 12579.33, -0.87% in see/saw mode trading within 12800-12500 without […]
US Stocks ‘Jump’ on President Trumps Trade Agreement with EU’s Junker $DIA, $SPY, $QQQ, $RUTX, $VXX President Donald Trump’s agreement with European Commission President Jean-Claude Juncker pushed seven S&P 500 Index member stocks up more than 1% in the closing 18 mins of the trading session. Deere & Co., the world’s biggest tractor maker, surged […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stocks look Bullish in here, but there are major resistances above current marks which may hold and bring down the prices in the medium term and may not. PE DJIA at 25241.94, +0.79% and DAX 12689.39, +1.12% both are up sharply. DIA is trying to break above 25250, […]
Republican Tax Plans Include Making US Cuts Permanent $DIA, $SPY, $QQQ, $RUTX, $VXX Tax Reform 2.0 Republican plans to build on last year’s US tax legislation will include making individual and small business tax cuts permanent, expanding savings plans and giving breaks to start-up companies, according to documents released on Tuesday by the chief architect […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Overall the world’s stockindices look Bullish except DIA and DAX which may dip this week before moving up. PE DJIA at 25044.29, -0.055% and DAX 12548.57, -0.10% dipped and continue to head to 24750 and 12400 respectively. The dip is slow and gradual indicating that the current fall could be short lived, […]
US Housing Market Lagged in June $DIA, $SPY, $QQQ, $RUTX, $VXX US home sales fell in June, posting their 3rd straight monthly decliner as a shortage of properties on the market drove house prices to a record high. The report from the National Association of Realtors added to last week’s soft home-building data in suggesting that the […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The big cap indexes are set up well. The small and mid-caps are near the old highs and testing. Earnings are set up, ready to drive market North. The Big Q: Will the EPS provide the catalyst? The Big A: Yes, accompanied with good guidance […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 25058.12, -0.025% is hanging below 1st resistance 25250 while that holds, see a dip near term to 24750. DAX 12561.42, -0.98% saw a fall from 12800 instead of rising to 13000. Support marks 12400 could produce a bounce in here, driving DAX to 12800-13000. Nikkei at […]
US Stocks Still in a Bull Market $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks continue their low-volatility, Bull-market run higher, tuning out all of the Noise. The 2,800 mark on the S&P 500 has been bested 4 sessions in a row on a closing basis. That mark is acting as a floor during pullbacks. The […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 25064.50, -0.53% dipped Thursday as the 1st resistance at 25250 is holding. This move can extend to 24750 before resuming the move North. DAX at 12686.29, -0.62% has 1st support 12650, while that holds, DAX could move to 13000 near to medium […]
US Jobless Claims Lowest Since 1969 $DIA, $SPY, $QQQ, $RUTX, $VXX The number of Americans filing for unemployment benefits dropped to a more than 48.5 year low last week as the labor market strengthens further. Other data Thursday showed manufacturing activity in the mid-Atlantic region accelerated in July amid a surge in orders received by […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25199.29, +0.32% is moving to test 1st resistance at 25250. DIA looks Bullish in here with 4-sessions up. If DIA breaks above 25250, will likely continue to rally to 25600 medium term. DAX at 12765.94, […]
Wall Street On Track For Banner Year! $DIA, $SPY, $QQQ, $RUTX, $VXX Despite the persistence of geopolitical and economic risks, the backdrop is constructive There are more catalysts in the market and more participation. Wall Street trading desks’ revenue is on track for the best year since 2011, Q-2 earnings reports from big US banks […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25119.89, +0.22% looks to test at 25250 and then to 25600 longer term. Overall near to medium term looks Bullish with a dip from 25250 before resuming the uptrend. DAX at 12661.54, +0.80% […]
Fed Upbeat on US Economy, the NAS Marks Another Record High $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday the NASDAQ marked a fresh record, as the Fed Chief, Jay Powell, offered an upbeat appraisal of the US economy. The tech-rich NAS Comp gained 0.6% to 7,855.12, 30 pts above the record set on 13 July . […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Overall the indices look Bullish long term to me. DJIA 25064.36, +0.18% and DAX at 12561.02, +0.16% continue to trade higher. DIA is near resistance at 25250 on the daily’s whereas DAX is stable with 12500-12700 looks unable to move […]
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 […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX This week it is President Trump and President Putin’s Summit in Helsinki Finland, but there is a lot to move markets during this week. President Donald Trump meets Russian President Vladimir Putin in Helsinki Monday, and that is the main event this week. But earnings […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus. PE Note: Overall the indices look Bullish long term to me. DJIA at 25019.41, +0.38%, and DAX at 12540.73, +0.38% have risen almost 0.40% and looks Bullish now with Northside targets of 25250 and 12800 respectively. Nikkei at 22597.35, +1.85% trades […]