Dow Jones’ Earnings are at Record Highs Vs the Price of Gold $DIA, $SPY, $QQQ, $GLD, $SLV The DJIA is seeing action, on Wednesday, the day after the mid-term elections it advanced by 2.13% from its prior day’s closing price, it was the 4th day of extreme volatility since early October. Everyone was happy about […]
See a 10% Rally in Stocks On a Trade Deal with China $DIA, $SPY, $QQQ, $RUTX, $VXX A positive US-China statement or a tariff pause are rising possibilities China’s Bear market is driving the settlement agreement. Investors pained by the pullback in stocks are looking toward this month’s G-20 Summit for a breakthrough on trade. […]
Banks Will Feel Pain Once Crude Oil Price Fall Below $50 bbl $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX The S&P 500 gained 1.1% Thursday to snap a 5-session losing streak. US-China trade optimism and strength from tech stocks, Banks can handle the energy-linked loans they have extended just as long as Crude Oil prices don’t drop […]
Warren Buffett Putting Cash to Work $BRK.A, $BRK.B, $JPM, $ORCL, $TRV, $DIA, $SPY, $QQQ, $RUTX, $VXX Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A & BRK.B) Wednesday said it had taken stakes in JPMorgan Chase & Co., Oracle Corp. and Travelers Cos., as the conglomerate puts some of its sidelined cash to work. As of 30 September Berkshire […]
S&P 500 Falls 54.79 pts, Breaking 200-Day Moving Average on Tech Selloff $SPY, $DIA, $QQQ, $RUTX, $VXX A broad sell-off in technology companies drove US stocks sharply lower Monday, as Apple, Amazon, Goldman Sachs and other big names fell. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Bond trading was […]
All Indicators Say, “S&P 500 Will Hit 3,000 by Year’s End” $DIA, $SPY, $QQQ, $RUTX, $VXX Investment guru Byron Wien predicts that this Bull run, the longest in history, in the stock market is not over, and there is no recession in sight. Mr. Wien recently said in a TV interview that he is “not […]
US Stocks Finished Virtually Flat After Post-Election Spike $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX Stocks in the US drifted Thursday after the big rally Wednesday. The S&P 500 slipped 0.3% Thursday in the wake of the FOMC decision to leave the fed funds rate unchanged as expected. The benchmark index traded slightly below its flat line […]
S&P 500 Companies’ Profit Growth Highest Since 2010 $DIA, $SPY, $QQQ, $RUTX, $VXX Still, investors are somewhat cautious with US Congressional midterm elections Tuesday. US earnings growth for S&P 500 companies in Q-3 is on track to be the highest since Y 2010, eclipsing the strong results from earlier this year, according to the data. […]
President Trump’s China Trade Tweet Drives the Market North $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rose for a 3rd day running Thursday after President Trump said trade talks with China were “moving along nicely” boosted investors optimism. President Trump Tweeted that he had a “long and very good conversation” with China’s President Xi, adding […]
Democrats Do Not Have the Power to Sway Economy Even With Midterm Upset $DIA, $SPY, $QQQ, $RUTX, $VXX US President Donald Trump warned that if Democrats regain political power in the midterm Congressional elections, the US economy could implode, because: Democrats would push tax hikes and environmental restrictions that stifle growth. Undocumented immigrants would steal […]
US Stock Rise in Strong Rally, Chipmakers Lead $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the major US stock market indexes rose more than 1%, driven by strong gainers for chip and transport stocks, as investors took advantage of cheaper prices following the recent pullback. All 11 S&P 500 sectors ended in the Green a day […]
More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November $DIA, $SPY, $QQQ, $RUTX, $VXX The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade dispute. The […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: Over 20% of S&P 500 companies have reported, 72% have beat The Street estimates Market is concerned about the Fed overreacting, as it always does. China’s economy is in decline Halloween Market Week: Tricks & Treats The US stock market’s technical indicators suggest […]
Trump Economy Driving Robust GDP to 3.5% in Q-3 $DIA, $SPY, $QQQ, $RUTX, $VXX The US economy grew at a robust annual rate of 3.5% in the July-September Quarter as the strongest rise i consumer spending in nearly 4 years helped offset a sharp drag from trade. The Commerce Department said Friday that Q-3 GDP, the […]
Sell Off Overdone, Strong Buying Fuels Rally $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, US stocks spiked on oversold technicals giving the NAS Comp its biggest daily percentage gainer since March, as Microsoft’s (NASDAQ:MSFT) upbeat earnings fueled strong buying in tech names and investors bought up oversold shares. Traders said investors bargain-hunted Thursday after the market’s […]
Buy the Dip: “Fed has the Market’s Back” $DIA, $SPY, $QQQ, $RUTX, $VXX Investors should take advantage of this market pull back, the deepest in 3 years to position for a year-end rally as fears over Fed Hawkishness are likely overdone. While catalysts cited behind the Southside action ranged from peak earnings growth to trade […]
The US is in a ‘Great Economic Boom’ $DIA, $SPY, $QQQ, $RUTX, $VXX Americans’ evaluations of current US economic conditions and the economy’s trajectory are the most optimistic in nearly 20 years, Gallup reported. Currently, 54% of Americans rate economic conditions as “excellent” or “good,” and just 12% as “poor,” Gallup reported. Also, by 57% to […]
Fed Will Fade, Halt Interest Rate Hikes After December $DIA, $SPY, $QQQ, $RUTX, $VXX Jim Cramer says Fed Chairman Jerome Powell will hike interest rates once more in December and then stop. “I just think he’s going to blink,” Mr. Cramer said on TV Monday “It’s going to be 1 and done in December. That’s […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: 20% of S&P 500 companies have reported, 70% have beat The Street estimates The S&P 500, DJIA and NAS Comp held their 200-Day SMA’s Friday Market is concerned about the Fed overreacting, as it always does. China’s decline is feared, may decline further, […]
US Stocks Test on Fed Rates and Global Growth Concerns $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 index closed just above its 200-Day MA, a Key indicator of long-term price trends. US stocks opened lower as Chinese stocks fell overnight, sparking concerns about the impact of trade tensions on China’s economy. Plus, concerns mounted […]
US Economy Now The World’s Most Competitive Again $DIA, $SPY, $QQQ, $RUTX, $VXX America is First, Again! The last time the US topped the list was in Y 2008. US economy sits atop of the World Economic Forum’s annual global competitiveness survey for the 1st time since the Ys 2007-2009 financial crisis the Swiss body […]
DJIA + 547.87 On Strong Q-3 Earnings Reports $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 cut through its 200-Day MA, closing 2.2% higher and reducing its October loss to 3.6%. Tuesday, US stocks rose more than 2% after upbeat earnings reports from major companies, and solid economic data, as equities rebounded from last week’s […]
US Economy Expanding at 4% Growth Rate $DIA, $SPY, $QQQ, $RUTX, $VXX Monday the latest data showed that the US economy is expanding at a 4% annualized rate in Q-3, that according to the Atlanta Federal Reserve’s GDPNow forecast model following the release of the latest data on retail sales. The GDPNow model estimate for real […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, earnings season starts in earnest For now traders are playing an oversold bounce. But, if this is a relief move, the later you enter, the worse risk/reward. So, be selective if you are adding more bounce plays. Also, look at some areas receiving […]
Looking at the US Home Mortgage Market $DIA, $SPY, $QQQ Last week the Dow Jones on Tuesday and Wednesday closed at all-time highs, this week it pulled back. That makes 4 new BEV Zeros in the BEV chart below in the past ten trading days, and that’s something I can’t complain about. If you compare […]
US Economic Data Strong, Atlanta Fed Raises GDP View to 4.2% $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX US stocks retreated Wednesday in a healthy Bull market pullback The US economy is expanding at a 4.2% annualized rate in Q-3, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday, following the release of the latest data […]
“Fed Raising Rates Too Fast” $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, President Donald Trump criticized the Fed saying it is going too fast in raising rates when inflation is minimal and government data points to a strong economy. “Well, I like to see low interest rates. The Fed is doing what it thinks is necessary […]
US Stocks Finished Flat to Unchanged on Volatile Trade $DIA, $SPY, $QQQ, $RUTX, $VXX The Bond market was closed in observance of Columbus Day in the US Investors did not receive any US economic data Monday The S&P 500 tested its Key 50-Day MA The US stock market closed a volatile day of trading mixed. […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Columbus Day in the USA, Banks are Closed, Market is Open The market’s focus this week: Earnings Yes, it is earnings reporting season again, this frame always commands a great deal of attention because earnings drive stock prices over the long term. To that end, […]
A “Red Wave” in November Means More Tax Cuts for Americans $DIA, $SPY, $QQQ, $RUTX, $VXX A “Red Wave” in the November midterm elections means “tax cuts 2.0” GOP voter enthusiasm is powered by support for Supreme Court nominee Brett Kavanaugh Financial stocks are rallying for a 2nd day running as 10-year T-Note yields top […]
DJIA Marks a Record Close $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the DJIA marked a record closing high but the S&P 500 and NAS Comp finished in the Red. The Russell 2000 also struggled Tuesday, losing 1.0% to extend its weekly loss to 2.4%. The small-cap index has been weighed down this week by a […]
Wall Street Applauds New USMCA Trade Deal $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, Wall Street opened Q-4 on a positive note as a President Trump’s USMCA trade pact eased participants concerns. The DJIA finished strong, up 0.7%, but the NAS Comp closed 0.1% lower. The Russell 2000 also closed lower, off 1.4%. Canada and Mexico […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week: new money, earnings season, and the jobs report Friday. September was not a Southside month this year, solid but not huge. So many participants are expecting a selloff in October. It may happen, though it did not happen last year after a […]
Retail Investors Coming into Stock in Droves $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks delivered the best Quarterly run in almost 5 years, luring retail investors back into the longest Bull market on record just as Wall Street started flashing yellow lights. Individual investors drew down cash balances at brokerage accounts to record lows as […]
Short-Term Recession Risks for US Are Not High $DIA, $SPY, $QQQ, $RUTX, $VXX The US economy does not face a large chance of a recession in the next 2 years and the Fed plans to keep gradually raising interest rates, Fed Chairman Jerome Powell said Thursday. Asked whether the narrowing gap between short-term and long-term […]
Fed Hikes, Removes ‘Dovish’ Language from Policy Statement $DIA, $SPY, $QQQ, $RUTX, $VXX The FOMC increased short-term interest rates Wednesday, as expected, raising the fed funds target range by 25 bpts to 2.00-2.25%. The move reflected an upbeat assessment of the economy that was identical to the central bank’s last policy statement 8 weeks ago, […]
“No Great ‘Potholes’ Seen Stopping President Trump Economic Growth Policies” $DIA, $SPY, $QQQ, $RUTX, $VXX JPMorgan Chase & Co. CEO Jamie Dimon expects robust economic growth “may very well continue” because he does not see any “great potholes” stopping it. Mr. Dimon said in a TV interview Monday hat he cannot tell whether the China […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week FOMC meets on Tuesday and Wednesday to talk a rate hike and more trade issues with China, Canada, and the EU. The heavy pressure is on China now. Then there is The Trump Administration’s feelings toward social media and WH […]
The Trump Market, DJIA Marks Another Record High $DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the Industrials led DJIA to a new closing high Friday ahead of Monday’s major sector reshuffle, capping a week in which investors shrugged off trade dispute concerns. Declines in the FAANGs dragged on equity benchmarks, helping erase the session’s gains on […]
The Trump Effect: DJIA, S&P 500 Mark Record Highs $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Wall Street delivered another set of milestones as buying drove US stocks due North, driving the DJIA above the all-time high it closed at in January, marking the 100th record high for DIA since President Trump took the Oval Office […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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, […]
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 […]
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 […]
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 $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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Many US Industries Will Thrive During Trade Tensions $DIA, $SPY, $QQQ, $RUTX,$ VXX Several US industries are set to withstand the trade dust-up or even thrive, according to US financial services firm Cowen and Company. China’s recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in its report. While the […]
The Bulls are In Charge, DJIA Catching Up $DIA,$SPY, $QQQ, $RUTX, $VXX Stocks Up and Treasuries Down Investors are focused on the start of the earnings season which begins unofficially Friday The S&P 500 Index gained for a 4th day running, the longest streak since the beginning of June on moderate volume. PepsiCo Inc. (NYSE:PEP) […]
US Markets are Comfortable, Now Focused on Earnings $DIA, $SPY, $QQQ, $RUTX, $VXX Carry-over momentum from S&P 500 breakout last Thursday drives stocks higher for 3rd session running Top-weighted tech group under-performs, keeping gainers in check Cyclical financials, industrials, and energy groups soar Traders satisfied the President Trump is focused on the business of America […]
President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]
Bulls Own the Post July 4th Stock Market Action $DIA, $SPY, $QQQ, $RUTX, $VXX A casualties of the tariff dust up has been the power of corporate profits to energize stocks. Now another earnings season is here, and we are still hearing from pundits that investors obsessing over trade. It has been The Story of […]
US Manufacturing Grows on Strong Demand $DIA, $SPY, $QQQ, $RUTX, $VXX The data moved the market due North Tuesday’s trading session will end early (1:00p EDT), and markets will be closed on Wednesday for the 4th of July Holiday in the US. A measure of US manufacturing activity surged in June likely as steel and […]
DJIA Off, Amazon Falls on Taxed Shopping Concern $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks fell Thursday, with the DJIA (DIa) marking an 8th straight decliner, as industrials softened again on trade concerns while Amazon (NASDAQ:AMZN) and other online retailers weakened after a US Supreme Court ruling on state sales tax collection. Amazon dropped as […]
NAS Comp Marks Another Record High Close, Trade Concerns Dampen DJIA $DIA, $SPY, $QQQ, $RUTX, $VXX China Cannot Win a Tit for Tat Trade War With the US President Donald Trump’s threat to impose a 10% tariff on $200-B of Chinese goods, triggering a tit-for-tat trade war with Beijing, is “extremely good news for the […]
Looking at the DJIA Vs Gold and Silver Long Term $DIA, $GLD, $SLV, $MTAFF It is time to reduce exposure to Wall Street and shift the proceeds into Gold, Silver, the precious metals mining companies and the royalty streamers. Let us have a look at the 21st Century Bear markets. The high-tech dot.com bubble ultimately deflated […]
US Economy Can Absorb Hit From China Tensions $DIA, $SPY, $QQQ, $RUTX, $VXX Now is the right time to pressure China on its trade policies because the US economy is strong enough to absorb uncertainty arising from bi-lateral tensions, White House Council of Economic Advisers Chairman Kevin Hassett said Monday. Mr. Hassett spoke after President […]
American’s Charitable Giving Tops $400-B $DIA, $SPY, $QQQ, $RUTX, $VXX Driven by a rising stock market and huge gifts from billionaires, charitable giving in the United States in Y 2017 topped the $400-B mark for the 1st time. The Giving USA report, released Tuesday, said giving from individuals, estates, foundations and corporations reached an estimated […]
Investors See a Rate Hike From the FOMC Wednesday $DIA, $SPY, $QQQ, $RUTX, $VXX Retail investors are not waiting to see inflation coming, they know it is here. And are moving money into securities that hedge against risks of rising price pressures as the U Labor Department is set to give its latest reading on […]
The Next 5 Years Dow Jones Industrial Average or the Barron’s Gold Mining Index? $DIA, $GLD, $SLV The Dow Jones Industrial Average (DIA) closed the week with its BEV plot under -5% for the 1st time since early March. No small thing for the Bulls, seeing the Dow’s BEV plot rising towards its BEV Zero […]
President Trump’s Tough Talk Driving US Stock Market $DIA, $SPY, $QQQ, $RUTX, $VXX Fears of a trade war is giving boost to some of the smallest companies in the market as well as some of the biggest technology companies. For over 3 months, investors have focused on US negotiations with trading partners including China, Europe, […]
US Labor Market Tightens, Jobless Claims Fall $DIA, $SPY, $QQQ, $RUTX, $VXX The number of Americans filing for unemployment benefits fell last week, pointing to a further tightening in labor market conditions. The robust US labor market and firming inflation have cemented expectations the Fed will raise interest rates next week at the FOMC meeting. […]
The Trump Effect: US Trade Deficit Falls on Record Exports, Market Soars $DIA, $SPY, $QQQ, $RUTX, $VXX The US trade deficit fell to a 7-month low in April as exports rose to a record high, lifted by an increase in shipments of industrial materials and soybeans. The US Commerce Department said on Wednesday the trade gap dropped […]
NASDAQ Marks Another All Time High $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday as investors were encouraged by US economic data, driving the NASDAQ to finish at another at record high for the 2nd day running, as the technology and consumer discretionary sectors outpreformed Investors remain a bit wary about trade discussions, with Mexico imposing tariffs […]
This Bull Market is Alive, Small Caps are Running Too $DIA, $SPY, $QQQ, $RUTX, $VXX Tune out the Noise! The President talks tough on trade and the stock market like it. This Bull is running and will only continue to climb higher under US President Donald Trump. The new leadership is set up and the […]
US Imposes Tariffs on Steel and Aluminum from EU, Canada, Mexico $DIA, $SPY, $QQQ, $VXX The US stock market returned to negative territory for the week Thursday, giving back much of Wednesday’s high bounce, as investors digested tariff-related headlines and looked ahead to Friday’s release of the Employment Situation report for May. Thursday, The Trump […]
Uncertainty in the EU, Rattles US Stock Market $DIA, SPY, $QQQ, $VXX Simply put, Italy has fallen out of love with the Euro! The DJIA and S&P 500 posted their biggest 1-day percentage decliners in a month Tuesday as political and financial turmoil in Italy triggered concerns about the stability of the Eurozone, shares of […]
Investors are Pouring Money into Stock Funds $DIA, $SPY, $QQQ, $VXX Investors poured money into US ETFs (stock exchange-traded funds) during the latest week, restoring a Key pillar of support for markets, data from the Investment Company Institute showed. US-based equity ETFs collected $11.2-B during the week through 16 May, according to the ICI trade group, the […]
President Trump, “Big news coming for American Autoworkers” $DIA, $SPY, $QQQ, $VXX US President Donald Trump said that “big news” was coming that would be welcomed by US auto workers, and he suggested it was somehow linked to NAFTA trade talks. “There will be big news coming soon for our great American Autoworkers. After many […]
Americans Report Stronger Finances in President Trump’s 1st Year $DIA, $SPY, $QQQ, $VXX The percentage of Americans who report they are doing “at least Okay” financially rose in President Donald Trump’s 1st year in office, according to Fed data published Tuesday. The data was in line with other readings detailing America’s long recovery from the […]
Investors Rotated $9-B into US Small Cap Stocks $RUTX, $SPY Last week investor plowed $9-B into US small cap stocks it was a good week. Russell 2000 +5.9% YTD S&P 500 +1.5% YTD Small-cap stocks are showing well in here, even as the benchmark 10-yr T-Note yield rose to a 7-year high. US Treasuries Yield Check […]
Expect Crude Oil Prices to Cool, $80 bbl ‘Unhealthy’ $DIA, $SPY, $QQQ, $USO, $OIL, $VXX BP (NYSE:BP) CEO Bob Dudley expects a flood of US Shale Oil, and the reopening of OPEC taps to cool the Crude Oil market after price rose above $80 bbl this week. US President Donald Trump’s decision to exit an […]
US Unemployment Rolls Smallest in 45 Years $DIA, $SPY, $QQQ, $VXX Thursday, the US economic data showed an acceleration in mid-Atlantic factory activity this month, with manufacturers saying they were boosting employment and asking for higher prices for their products. The combination of a tightening labor market and firming inflation bolsters expectations the Fed will […]
Broad Based Rally, Small Cap Stocks Lead $DIA, $SPY, $RUTX, $QQQ, $VXX Wall Street’s small caps are beating the The Street The small-cap Russell 2000 finished + 1.0%, closing at a new all-time high Wednesday’s broad based rally saw shares of smaller, domestically focused companies showing strength. The small-cap Russell 2000 finished + 1.0%, finishing […]
Fed’s Williams Sees ‘Neutral’ Interest Rate Lower, Longer $DIA, $SPY, $QQQ, $VXX Stocks dip following a the strong start to the month Treasury’s benchmark 10-yr yield above 3.00% Tuesday, Mr. Williams, who will take the helm of the New York Fed on 18 June, said that inflation is nearing the central bank’s 2% target after […]
Big Caps Capture the News, Small Caps Beat ‘The Street’ $DIA, $SPY, $QQQ, $SPN President Trump’s historic tax reform driving Small Cap rally Wall Street’s small caps are beating the The Street trading with 2 percentage points of the recent record highs at 1,615.5 on the Russell 2000 The Russell 2000 (RUTX) tracks US small […]
US Consumer Sentiment Running High and Higher $DIA, $SPY, $QQQ, $VXX US consumer sentiment held steady on a gain in American household expectations, according to a University of Michigan report Friday. The MSI held steady at a solid 98.8 for preliminary May, the University of Michigan’s Consumer Survey Center reported. The comparable April reading was also […]
Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’ $DIA, $SPY, $QQQ, $VXX, $GLD The Gold market is greeting geopolitical turmoil with a Yawn, as stocks made a strong move North on with the S&P 500 and the NAS Comp each + 1.0%, and the DJIA advancing 0.8%. The precious Yellow metal has dropped for 3 weeks […]
JOLTS Spike, Wage Growth and Inflation Ahead $DIA, $SPY, $QQQ, $VXX US job openings aka JOLTS rose to a record high in March, suggesting that a recent slowdown in hiring was probably the result of employers having difficulties finding qualified workers. The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department […]
Look Ahead, Overcome Investing Fear, Win! $DIA, $SPY, $QQQ, $VXX A whole lot of people are fearful about investing in stocks, especially if they have invested little or nothing in the market. The media pundits fill the air with conflicting messages about whether the stock market will continue hitting new highs or is a house […]
US Unemployment Lowest Since 2000, Market Rallies $DIA, $SPY, $QQQ, $VXX Friday, US President Donald Trump touted the nation’s low unemployment rating and hit out at the ongoing investigation into his campaign’s ties to Russia in a Tweet. The unemployment rate fell to 3.9% for the 1st time since Y 2000, according to the Department […]