S&P 500 Flat to Little Changed Ahead of FOMC’s Policy Decision

S&P 500 Flat to Little Changed Ahead of FOMC’s Policy Decision

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The latest fund manager survey from Bank of America showed the allocation to equities is at its lowest since September 2016 indicating that managed money missed the 2019 rally and will have to play catch up soon. The S&P 500 advanced 0.7% Tuesday, on Dovish expectations ahead of the […]

Expect Fed to Signal No Rate Hikes Anytime Soon

Expect Fed to Signal No Rate Hikes Anytime Soon

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Cyclical sectors outperformed, follow-through buying interest came in on no new catalysts. Boeing (NYSE:BA) and Facebook (NASDAQ:FB) extend losses on familiar story lines Patience is the FOMC’s focus now, signaling that it went too far last year with its 4 rate hikes, so no interest rate hikes likely soon. […]

Really Good US-China Trade Deal Will See Stocks Soar

Really Good US-China Trade Deal Will See Stocks Soar

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]

US Stocks ‘Paused to Refresh’

US Stocks ‘Paused to Refresh’

$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Financials, Information Technology Weak: Materials, Communication Services, Industrials Highlights: Relative strength in the S&P 500 financial and information technology sectors Shares of Apple (NASDAQ:AAPL) continue to outperform following positive analyst coverage Facebook (NASDAQ:FB) is under criminal investigation for some of its data deals General Electric (NYSE:GE) issues FY 2019 earnings warning; CEO offers […]

SEC to Review Stock Trading Rules, Potential Shakeup Ahead

SEC to Review Stock Trading Rules, Potential Shakeup Ahead

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Major averages recouped most of their losses and close near session highs The Securities and Exchange Commission (SEC) is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in 15 yrs the head of the agency said Friday. […]

Key Tell: Watch Labor Participation Rate in US Jobs

Key Tell: Watch Labor Participation Rate in US Jobs

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Job creation and wage growth are still important things to watch for in the monthly NFP report for February that will be released Friday. The other partial indicators already suggest that the labor market will remain solid. The focus now will be on the labor-force participation rate because the […]

Few Reasons to End Fed’s ‘patient’ Stance on Rates

Few Reasons to End Fed’s ‘patient’ Stance on Rates

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Next Fed rate hike several FMOC meetings ahead With inflation muted, but other risks to the US economy on the rise, the Fed’s patience on policy is nowhere close to running out, with 1 previously Kawkish central banker Tuesday signaling he could wait until at least June before touching […]

US Stocks Setting Up for a Big Move North

US Stocks Setting Up for a Big Move North

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US stocks finished flat on high volume We expect that US stocks will continue to move North new highs despite an earnings slowdown, that according to the patterns that are set/setting up now. HeffX-LTN is going contrarian Vs the Bears who are warning investors that the earnings slowdown will […]

Sidelined Investors ‘Shovel’ $965-M into Stock Funds on Market Rally

Sidelined Investors ‘Shovel’  $965-M into Stock Funds on Market Rally

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Sidelined investors join this Bull market rally, as retail stocks outperform following earnings reports from Lowe’s ($LOW), Best Buy ($BBY), and TJX ($TJX) Investors came back into US stock funds during the week ended 20 February. It has been the best start to a year for the S&P 500 since Y 1987, breaking a 5-week […]

Stocks Finished Flat on Fed’s ‘Patience’ Confirmation

Stocks Finished Flat on Fed’s ‘Patience’ Confirmation

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US stock markets pause on Powell’s testimony to Congress Markets opened lower and were cautious as Fed Chairman Jerome Powell testified before the Congress Tuesday. The Fed’s U-turn that took expectations for rate hikes this year to Zero has led to a drop in real borrowing costs and a […]

Stocks Gain on Hopes of China Trade Dispute Resolution

Stocks Gain on Hopes of China Trade Dispute Resolution

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 advanced as much as 0.8% Monday after President Trump said he will extend the 1 March trade deadline, as negotiations with China have progressed favorably.  The benchmark index retreated throughout the session as it tapped up against some mild overhead resistance, but finishing higher by 0.1% above […]

Americans’ Economic Approval at 18-Yr Highs

Americans’ Economic Approval at 18-Yr Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: 9 of the 11 S&P 500 sectors finished higher with information technology (+1.3%), communication services (+1.1%), and healthcare (+0.9%) leading the advance. On the other hand, the financials (-0.2%) and consumer staples (-0.3%) sectors finished in the Red. Today, Americans’ views of the US economy and optimism about its […]

US Jobless Claims Fall, Labor Market Slowing

US Jobless Claims Fall, Labor Market Slowing

$DIA, $SPY, $QQQ, $RUTX, $VXX Americans filing applications for unemployment benefits fell last week, but the 4-wk MA rose to a more than 1-yr high, suggesting the labor market was slowing down. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 216,000 for the week ended 16 February the Labor Department said […]

“No Need to Hike Rates Again”

“No Need to Hike Rates Again”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Trump Policy Traction, FOMC Minutes Due Wednesday Tuesday, New York Fed President John Williams said he is comfortable with the level US interest rates are at now, and sees no need to raise them again unless growth or inflation shift to an unexpectedly higher gear. In an interview with […]

President Trump’s Policies Working, Market Soaring

President Trump’s Policies Working, Market Soaring

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Pain Trade continues, on broad-based advance that had all 11 S&P 500 sectors finished higher on the day. Almost 80% of S&P 500 companies having reported Q-4 earnings so far. Analysts now see a profit increase of 16.2% for the Quarter, according to Refinitiv data. President Trump’s policies […]

Fed says, “Economy in Good Place”

Fed says, “Economy in Good Place”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed officials are getting their stories aligned on the US economy. Cleveland’s Loretta Mester says it’s in a “very good spot.” Or a “pretty good place,” as Kansas City’s Esther George has it, faithfully echoing Chairman Jerome Powell’s “the economy is good.” Their remarks, made Tuesday and Wednesday, aim […]

Wall Street Finished Mixed in Cautious Session

Wall Street Finished Mixed in Cautious Session

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US-China trade talks resume in Beijing President Trump and China President Xi appear closer to a trade deal, according to Presidential counselor Kellyanne Conway. “The President wants a deal, and he wants it to be fair to American workers and American interests,” Ms. Conway said on TV early Monday. […]

Jobs Report Reminded Investors the US Economy is Strong and Business is Good

Jobs Report Reminded Investors the US Economy is Strong and Business is Good

$DIA, $SPY, $QQQ, $RUTX, $VXX The US Jobs Report for January provided reminder that US labor market remained strong despite growth worries, market volatility, and partial government shutdown. Plus, January ISM Manufacturing Index up higher than expected at 56.6 (consensus 53.6), business is good too. Foxconn Technology Group (2454:TW) said Friday that after its Chairman […]

S&P 500 Extends Rally on Earnings Optimism and US-China Trade Resolution

S&P 500 Extends Rally on Earnings Optimism and US-China Trade Resolution

$DIA, $SPY, $QQQ, $RUTX, $VXX US President Trump to Meet with China’s President Xi to Seal US-China Trade Deal Thursday, President Trump said he will meet with Chinese President Xi soon to try to seal a comprehensive trade deal as the top US trade negotiator reported “substantial progress” in 2 days of high-level talks. President […]

There is No Permanent Economic Damage From Shutdown

There is No Permanent Economic Damage From Shutdown

$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, White House economic adviser Larry Kudlow said the recent partial government shutdown inflicted “no permanent damage” to the economy. “I still think the economy is very strong,” the head of the National Economic Council that advises President Trump said at a White House briefing.  “As I have said many times I […]

The USA is the ‘Hottest Economy in World’

The USA is the ‘Hottest Economy in World’

$DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow says the indicators for the USA show that America is the ‘hottest economy’ in the world. He predicted the next monthly unemployment report will likely shock naysayers.  Mr. Kudlow said the economy will snap back from any “glitch” created by partial government shutdown, as that […]

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 gained 0.2%, Dow Jones Industrial Average (+0.7%) and the NAS Comp (+0.1%) experienced uneven post options expiry trading action finishing in the Green. The Russell 2000 (-0.2%) did, too, but it finished in the Red.  Most S&P 500 sectors finished higher with consumer staples (+1.2%) and utilities […]

China Trade Issues Still in the Headlines, Stocks Retrace Overbought Conditions

China Trade Issues Still in the Headlines, Stocks Retrace Overbought Conditions

$DIA, $SPY, $QQQ, $RUTX, $VXX Fake News: reports of canceled trading meeting with Chinese officials untrue, there was No meeting planed to cancel. “The big meeting that everyone’s moving towards will be Vice Premier Liu He is coming at the end of the month, as I think everybody knows. That will be a very important […]

China Signals Willingness to Eliminate Trade Imbalance with US

China Signals Willingness to Eliminate Trade Imbalance with US

$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Industrials, Materials, Financials, Consumer Discretionary Weak: Utilities, Real Estate China’s willingness to eliminate the US trade imbalance. According to a report Friday, China made an offer during trade negotiations earlier this month to boost the amount of US imports, such that the trade balance with the US would be […]

Inflation Muted, Fed ‘Patient’ on Interest Rate Hikes

Inflation Muted, Fed ‘Patient’ on Interest Rate Hikes

$DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices fell last month on a steep fall in gasoline prices suggesting that inflation will remain tame in the coming months. The Labor Department said that the producer price index, which tracks cost changes before they reach the consumer fell 0.2% in December from the prior month. The drop […]

Stocks Cautious on China Growth, Financials and Industrials Lead, Gold in Favor

Stocks Cautious on China Growth, Financials and Industrials Lead, Gold in Favor

$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Trade tensions should not disturb your portfolio’s peace of mind. To help prevent your portfolio from becoming “trade war collateral,” consider diversifying your assets to minimize exposure. Assets like physical Gold and Silver are historically known to perform well during turmoil in such dust ups. Recently, Jim Cramer urged investors frightened […]

US Stocks Finished Flat/Unchanged Ahead of Earnings Season

US Stocks Finished Flat/Unchanged Ahead of Earnings Season

$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks paused to refresh Friday after being up 10.4% since Christmas Eve, earnings season begins in earnest next week, Analysts have been very negative ahead of this coming reporting frame. Earnings reports start next week with results from the big banks. And the warnings have been the most dire in […]

Market Hears Powell’s Comments, Rally Extends

Market Hears Powell’s Comments, Rally Extends

$DIA, $SPY. $QQQ, $RUTX, $VXX No recession in sight, No rate hikes ahead. Thursday, Federal Chairman Jerome Powell said the US central bank has the ability to be patient on policy given inflation is stable, allowing it to assesses whether the US economy will slow this year as some in financial markets worry.initial comments boosted […]

Fed Follows President Trump’s Lead, Stocks Soar

Fed Follows President Trump’s Lead, Stocks Soar

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 gained 3.4% Friday, as Fed Chairman Powell signaled patience and flexibility on rates in light of stronger-than-expected jobs data. The DJIA (+3.3%), the NAS Comp (+4.3%), and the Russell 2000 (+3.8%) also marked strong gains to finish the week + 1.6%, 2.3%, and 3.2%, respectively. All 11 […]

Apple’s 2019 Outlook Shakes the Broad Market

Apple’s 2019 Outlook Shakes the Broad Market

$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL The S&P 500 fell 2.5% Thursday, as a revenue warning from Apple (NASDAQ:AAPL) and weak manufacturing data fueled concerns about a slowdown in global economic growth, undermining the broad market. The DJIA lost 2.8%, the NAS Comp lost 3.0%, the Russell 2000 lost 1.8%. On the day, 9 of the 11 […]

Headlines Rule the Markets, Consumers Undaunted

Headlines Rule the Markets, Consumers Undaunted

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 fell 2.1% Friday on headline uncertainty surrounding politics and trade. As they continued to provide a justification to reduce risk. Friday’s decliner pushed the benchmark index to a new yearly low at 2408.12 and a weekly loss of 7.1%. All 11 S&P 500 sectors finished in the […]

US Stocks Tapping at Bear Market Territory on Uncertainty

US Stocks Tapping at Bear Market Territory on Uncertainty

Stock Market’s Negative Reaction to Fed is “Overblown” $DIA, $SPY, $QQQ, $RUTX, $VXX US Treasury Secretary Steven Mnuchin said Thursday that the negative stock market reaction following the Fed’s rate hike this week was “completely overblown.” Secretary Mnuchin said the stock market overreacted, with computerized program trading taking over and driving stock prices down further. […]

Market Looking for a Dovish Stance from the FOMC Wednesday

Market Looking for a Dovish Stance from the FOMC Wednesday

$DIA, $SPY, $QQQ, $RUTX, $VXX The market is looking for a Dovish stance from the FOMC when it comes to its interest rate projections for Y 2019.  Everything will come into view at 2:00p EST Wednesday Investors in pain from a difficult year hope the Fed will align with President Trump’s ‘demand’ for dovishness in […]

President Trump Hammers Fed for “Even Considering Rate Hike”

President Trump Hammers Fed for “Even Considering Rate Hike”

$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, just 2 days before the FOMC is expected to raise fed funds rates for a 4th time this year, President Trump and his Top trade adviser ratcheted up their criticism of the Fed’s monetary tightening. “It is incredible that with a very strong dollar and virtually no inflation, the […]

President Trump Leads, Xi Makes Good on Promises, America Wins

President Trump Leads, Xi Makes Good on Promises, America Wins

$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX China resumed buying US Soybean, bringing some relief to farmers in the US heartland as President Xi works toward a trade deal with his American counterpart. The giant Asian commodity importer bought 2-M tonnes of American Soybean (SOY) over the past 24 hrs, with shipments expected to occur sometime […]

President Trump, “I want a trade deal good for US, China and Global Growth”

President Trump, “I want a trade deal good for US, China and Global Growth”

President Donald Trump wants to a trade deal that will be good for the United States, China, and global growth, White House Council of Economic Advisers Kevin Hassett said Monday.  The stock market responded, bouncing off its lows. “If a country came to the US right now and offered Zero tariffs, Zero non-tariff barriers, full […]

Silver to Gold Ratio Points to Over-sized Profits Coming to Silver

Silver to Gold Ratio Points to Over-sized Profits Coming to Silver

Silver to Gold Ratio Points to Over-sized Profits Coming to Silver $SLV, $GLD, $DIA I last wrote an article on Friday November 9th as the Dow Jones closed with a value of -3.13% in the BEV chart below.  Three Friday’s later and the Dow Jones closed today with a value of -4.81%. Not much of a […]

Monday’s Trade Relief Rally Saw Profit Taking Tuesday

Monday’s Trade Relief Rally Saw Profit Taking Tuesday

Monday’s Trade Relief Rally Saw Profit Taking Tuesday $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 fell 3.2% Tuesday on some concern on future economic growth, which was signaled by the drop in US Treasury yields. A technical test and breach of the S&P 500’s 200-Day MA at 2762.32 contributed to the selling. Monday’s trade-relief […]

America Leads, the Rest of the World Follows

America Leads, the Rest of the World Follows

America Leads, the Rest of the World Follows $DIA, $SPY, $QQQ, $RUTX, $VXX Saturday’s truce in the US-China trade dispute put investors in buy mode Monday, driving US stocks due North, extending the market’s gains on last week Key reversal confirmation. The broad rally followed huge US futures gains that triggered overseas markets as investors […]

World Wide Stocks Surge on US- China Trade Truce

World Wide Stocks Surge on US- China Trade Truce

World Wide Stocks Surge on US- China Trade Truce $DIA, $SPY, $QQQ, $SOY FLASH: President Donald Trump says on Twitter that China has agreed ‘to reduce and remove’ 40% tariffs on cars from the United States. Futures on the DJIA are currently up 488 points after Presidents Trump and Xi agreed to a 90-day halt […]

Wall Street Bets Yes, President Trump’s America First Policy Working

Wall Street Bets Yes, President Trump’s America First Policy Working

Wall Street Bets Yes, President Trump’s America First Policy Working $DIA, $SPY, $QQQ Friday, US stocks rose as investors bet on progress in US-China trade meeting Saturday, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in almost 7 years. DJIA saw its largest weekly advancer in 2 years, as investors […]

US September Crude Oil Production Hits 4th Month Running at Record Highs

US September Crude Oil Production Hits 4th Month Running at Record Highs

US September Crude Oil Production Hits 4th Month Running at Record Highs $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX US Crude Oil production hit a new all-time high of 11.5-M BPD in September, according to the data announced Friday, the latest indicator of a wave of onshore US production that has weighed on global markets. US […]

Fed’s Dovish Outlook Fuels Broad Based Rally in Stocks

Fed’s Dovish Outlook Fuels Broad Based Rally in Stocks

Fed’s Dovish Outlook Fuels Broad Based Rally in Stocks $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 extended weekly gainer by 2.3% Wednesday after Fed Chairman Powell said he sees current interest rates “just below” Neutral. His dovish remarks at the NY Economic Club thus providing a rally point of of the Key reversal Monday […]

US Stocks Saw a Broad Based Rally Monday, Retail Led

US Stocks Saw a Broad Based Rally Monday, Retail Led

US Stocks Saw a Broad Based Rally Monday, Retail Led $DIA, $SPY, $QQQ, $RUTX, $XRT, $VXX Investment guru Jim Cramer said he hates how the current market is treating investors by literally mauling anyone who ventures near volatile US stocks. “I have tremendous contempt for this market, because every time you try to make money […]

Energy, Retail and Tech Stocks Continue to Lead Market Due South

Energy, Retail and Tech Stocks Continue to Lead Market Due South

Energy, Retail and Tech Stocks Continue to Lead Market Due South $DIA, $SPY, $QQQ, $RUTX, $XRT, $VXX Recently we have heard commentary about rising recession risk; widening corporate credit spreads; forecasting message of the sharp losses in cyclical sectors and former leadership stocks/sectors; lack of both gains and buy-the-dip success in November, which call into […]

The FAANGs Drove the S&P 500 (SPY) Due South Monday

The FAANGs Drove the S&P 500 (SPY) Due South Monday

The FAANGs Drove the S&P 500 (SPY) Due South Monday $DIA, $SPY, $QQQ, $RUTX, $VXX FAANG Group: Apple,  Facebook Inc, Amazon.com Inc, Netflix Inc and Alphabet Inc shed between 3% and 4.8% on the day. Monday, the Dow Jones Industrial Average shed more than 500 pointsm as a slump in Apple shares hammered the tech […]

Dow Jones’ Earnings are at Record Highs Vs the Price of Gold

Dow Jones’ Earnings are at Record Highs Vs the Price of Gold

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

See a 10% Rally in Stocks On a Trade Deal with China

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

Banks Will Feel Pain Once Crude Oil Price Fall Below $50 bbl

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

Warren Buffett Putting Cash to Work

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

S&P 500 Falls 54.79 pts, Breaking 200-Day Moving Average on Tech Selloff

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 […]

US Stocks Finished Virtually Flat After Post-Election Spike

US Stocks Finished Virtually Flat After Post-Election Spike

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

S&P 500 Companies’ Profit Growth Highest Since 2010

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

President Trump’s China Trade Tweet Drives the Market North

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

Democrats Do Not Have the Power to Sway Economy Even With Midterm Upset

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 […]

 More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November

 More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November

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

Commentary: Paul Ebeling on Wall Street

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 […]

Sell Off Overdone, Strong Buying Fuels Rally

Sell Off Overdone, Strong Buying Fuels Rally

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”

Buy the Dip: “Fed has the Market’s Back”

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’

The US is in a ‘Great Economic Boom’

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

Fed Will Fade, Halt Interest Rate Hikes After December

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

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

US Stocks Test on Fed Rates and Global Growth Concerns

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 […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

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 […]

A “Red Wave” in November Means More Tax Cuts for Americans

A “Red Wave” in November Means More Tax Cuts for Americans

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 […]

Commentary: Paul Ebeling on Wall Street

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

Retail Investors Coming into Stock in Droves

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 […]

Fed Hikes, Removes ‘Dovish’ Language from Policy Statement

Fed Hikes, Removes ‘Dovish’ Language from Policy Statement

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”

“No Great ‘Potholes’ Seen Stopping President Trump Economic Growth Policies”

“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

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

The Trump Market, DJIA Marks Another Record High

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 […]

Wall Street Not Worried About President Trump’s Trade Policy

Wall Street Not Worried About President Trump’s Trade Policy

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

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

 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 […]

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