DJIA Could Top 30,000 with USMCA, Interest Rate Cuts

DJIA Could Top 30,000 with USMCA, Interest Rate Cuts

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Stocks push to session highs following Dovish comments from NY Fed President Williams The DJIA could go over 30,000 sooner than many financial experts anticipate, if the Fed cuts interest rates at the end of this month and if House Speaker Nancy Pelosi (D-CA) puts the United States-Mexico-Canada trade […]

Survivor Guide “Buy Gold on Paradigm Shift in Global Markets”

Survivor Guide “Buy Gold on Paradigm Shift in Global Markets”

$DIA, $SPY, $QQQ, $RUTX, $XAU, $GLD, $VXX Billionaire Investment Guru, Ray Dalio thinks the current era of low interest rates and QE may be coming to an end, and his answer to a new market paradigm that could see escalating conflict between capitalists and socialists is simple, Buy Gold. “I believe that it would be […]

Stocks Finished Flat on Mixed Economic Data

Stocks Finished Flat on Mixed Economic Data

$DIA, $SPY, $QQQ, $RUTX, $VXX The gauge of equities finished flat to unchanged Tuesday, as US Treasury yields moved higher on a stronger-than-anticipated report on US retail sales raised the possibility the Fed might adopt a less Dovish stance. The S&P 500 lost 0.3% Tuesday, led lower by shares of energy and technology companies, while […]

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

$DIA, $QQQ, $SPY, $RUTX, $VXX FLASH: Stocks gained as investors interpret Fed Chairman Powell’s testimony before the House indicated a rate cut soon. Wednesday, US stocks finished higher on hopes of an interest rate cut later this month were signaled by Fed Chairman Powell’s commen to Congress that the central bank would “act as appropriate” […]

Fed Needs More Information to Support Rate

Fed Needs More Information to Support Rate

$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, a Fed policymaker expressed skepticism that an interest rate cut is the right move until there are more signs the economy is moving to a truly weaker path. “I prefer to gather more information before considering a change in our monetary policy stance,” Cleveland Fed President Loretta Mester said in […]

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

President Trump, “Trade Deal Possible With China’s Xi, Tariffs Could Be Lowered”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors and Traders in a Wait & See mode for the G-20 Summit this weekend Wednesday, President Trump said that a trade deal with Chinese President Xi is possible this weekend, but he is prepared to impose US tariffs on virtually all remaining Chinese imports if the 2 countries […]

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Every time a significant transaction tax has been tried, it has either been gutted or eliminated due to its failure to collect anything close to projected revenue and its impact on capital markets. Got that Bernie? American Communist Presidential hopeful, Senator Bernie Sancers (I-VT) proposed a plan Monday to […]

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull Market in stock is the longest on record. The S&P 500 Index marked a record closing high Thursday, buoyed by Wall Street’s expectations that the Fed will cut interest rates as soon as July to keep the US-China trade dispute from stalling economic growth. The Fed left […]

Wall Street Liked What it Heard From Chairman Powell

Wall Street Liked What it Heard  From Chairman Powell

$SDIA, $SPY, $SOX, $QQQ The S&P 500 (SPY) approached record highs Wednesday after the Fed signaled potential interest cuts later this year, reassuring Wall Street investors worried that the US-China trade war could stall economic growth. Saying it “will act as appropriate to sustain” economic expansion, the Fed signaled rate cuts of half a percentage […]

Market Technicals Signaling Fed to Cut Rates Soon

Market Technicals Signaling Fed to Cut Rates Soon

FLASH: The market is leading the Fed Funds rate lower, signaling a rate cut soon. “We have tracked the Fed’s interest rates decisions for years,” writes Steven Hochberg, Elliot Wave theorist. In December, he wrote an article titled “Interest Rates Win Again as Fed Follows the Market,” where he observed that although most pundits believe that central […]

Fed Fueling a Recession, Chairman Powell On The Way Out

Fed Fueling a Recession, Chairman Powell On The Way Out

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX President Trump will not renominate Jerome Powell for another term as Fed Chairman if re-elected. “That will lead to very different monetary policy, so the Fed is not fully independent of politics,” former Fed VC Fischer, an Hussein Obama appointee, said Sunday at a talk in Israel. By criticizing […]

President Trump on Fed Chairman Powell, “I disagree with him ‘entirely'”

President Trump on Fed Chairman Powell, “I disagree with him ‘entirely

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Friday, President Trump sharply criticized Fed Chairman Powell in an interview aired Friday, blaming him for raising interest rates and damaging the US economy. “He is my pick, and I disagree with him entirely,” he said in an interview with ABC News that was filmed in the back of a […]

Energy Stocks Fuel Stock Market Rally, as Oil Tankers are Attacked, US Blames Iran

Energy Stocks Fuel Stock Market Rally, as Oil Tankers are Attacked, US Blames Iran

$DIA, $SPY, $SOX, $QQQ, $RUTX, $USO, $OIL, $VXX FLASH: Crude Oil prices rose after 2 Crude Oil tankers were attacked off the coast of Iran, the US blamed Iran for the attack fueling energy stocks to lead the advance. Crude Oil tankers came under attack Thursday near the strategic Strait of Hormuz, with 1 of […]

US Stocks “Paused to Refresh”, Gold Finished Higher

US Stocks “Paused to Refresh”, Gold Finished Higher

$DIA, $SPY, $SOX, $QQQ, $RUTX, $USD, $XAU, $GLD, $VXX Total CPI increased 0.1%, as expected, as did core CPI, which excludes food and energy prices. The monthly changes left the Y-Y readings at 1.8% and 2.0%, respectively, versus 2.0% and 2.1% for the 12 months ending in April. The Key takeaway from the report is […]

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

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

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

Rate Cut Looms, Wall Street Rallies

Rate Cut Looms, Wall Street Rallies

$DIA,$SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: The technology sector was the biggest boost to the S&P with a 3.3% advance, led by gains in Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) Wall Street’s 3 major indexes rallied Tuesday to clock their biggest one-day gains in five months after Fed Chairman Powell left the door open for a […]

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Growing expectations for the Fed to cut rates to address slower growth and muted inflation; 2-yr yield drops 12 bpts to 1.83% . St. Louis Fed President James Bullard (FOMC Voter) said that slower economic growth could be sharper-than-expected due to the trade uncertainty. Mr. Bullard added that […]

Cash is King, Retail Investors Nervous Ahead of Summer

Cash is King, Retail Investors Nervous Ahead of Summer

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Cash is King for investors heading into Summer Increasing a cash buffer is typical during times of economic and geopolitical uncertainty. But data from global wealth managers show that stashing cash has continued at unusually high rates even as global stocks have rallied this year on conflicting signals […]

There are Lots of Growth Stocks in President Trump’s America First Policy

There are Lots of Growth Stocks in President Trump’s America First Policy

$DIA, $SOX, $QQQ, $SPY, $RUTX, $VXX The US Financial Markets are Closed Monday to Celebrate Memorial Day Note: The US economy is so diverse that there are always areas that are insulated from whatever you may be concerned about. The US-China trade dispute has driven dividend-rich sectors like utilities higher, but investors do not need […]

China Struggling to Grasp President Trump’s End Game

China Struggling to Grasp President Trump’s End Game

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Note: The Mins from the May FOMC meeting showed that policymakers are comfortable with the current fed funds rate range while “a number of participants” saw a moderation in risk and uncertainties surrounding their outlooks for the year. The Key takeaway is that the stock market has a reasonable […]

Managed Money Holding Long Bets on the Leadership

Managed Money Holding Long Bets on the Leadership

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Managed money’s lack of conviction in the Y 2019 stock rally has become notorious, but managers retained faith in the Leadership. Hedge funds kept equity exposures light in this year’s advance, the relative size of their biggest Long positions remained “extremely elevated,” according to the latest research from […]

US Not Likely to Suffer Big Damage From China Trade Dispute

US Not Likely to Suffer Big Damage From China Trade Dispute

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Major averages traded lower on trade uncertainty, Several US companies suspend business operations with China’s Huawei Technologies, Semiconductor stocks underperform, drag the S&P 500 information technology sector and Nasdaq lower Trade tensions with China need to linger for an extended period to cause real damage to the United […]

US Economy Continues to Expand

US Economy Continues to Expand

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: This economic expansion is set to become longest in US history, according to the latest leading-indicators data. The Conference Board Leading Economic Index (LEI) for the US increased 0.2% in April to 112.1, following a 0.3% increase in March, and a 0.2% increase in February. “The US LEI rose […]

Record Number of Funds Buying Insurance Against Stocks Fall

Record Number of Funds Buying Insurance Against Stocks Fall

$DIA, $SPY, $QQQ, $RUTX, $VXX, $BAC, FLASH: Global investors’ equity allocations fell 6% in May and 34 % of fund managers have taken out protection against sharp stock market declines in coming months, Bank of America Merrill Lynch’s (NYSE:BAC) latest monthly survey found Tuesday. The proportion of investors preparing for equity falls is the highest […]

US Stocks Sold Off Monday to De-risk Global Growth Concerns

US Stocks Sold Off Monday to De-risk Global Growth Concerns

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks sold off Monday, as trade tensions escalated after China retaliated with a tariff rate hike on US imports. The 2.4% drop in the S&P 500 in a broad-based effort to de-risk amid global growth concerns.  Stocks sold off as US-China trade tensions escalated, China increased its tariff rate […]

President Trump Has an Really Good “Alternative” to the China Trade Deal

President Trump Has an Really Good “Alternative” to the China Trade Deal

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street declines for 4th day running, finished near session highs President Trump firm on tariffs, driving concerns about the trade dispute with China The S&P 500 held its 50-Day MA at 2860 on the close The CBOE Volatility Index (VIX), Wall Street’s ‘fear factor’ closed well off session highs […]

US-China Trade Talks “Have Not Broken Down”

US-China Trade Talks “Have Not Broken Down”

$SPY UPDATE: China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as President Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Mr. Liu voiced a measured optimism on reaching a deal, but said there were […]

Investors Rotate to Cyclical Stocks to Extend this Bull Market

Investors Rotate to Cyclical Stocks to Extend this Bull Market

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull market has more room to Run, retail investors still on the sidelines. As investors bet on strong returns in cyclical sectors, they are also confident that US stocks at large will continue their historic Bull run. That run could be extended, we believe, as investors who remain […]

Investors ‘Buying the Dips’ as Money Rotates Out of the FAANGs

Investors ‘Buying the Dips’ as Money Rotates Out of the FAANGs

$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL, $GOOG The S&P 500 increased 0.1% Tuesday after being down as much as 0.6% following a Key revenue miss from Alphabet (GOOG). Investors bought the intra-day dip to help the benchmark index set a new closing high and it closed the month with a gainer of 3.9%. The DJIA […]

President Trump Lauds GDP Growth, Inflation “Very Low”

President Trump Lauds GDP Growth, Inflation “Very Low”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Real GDP increased at an annual rate of 3.2% (consensus 1.9%), according to the advance estimate for Q-1 GDP, a blockbuster number. President Trump is Supercharging the US Economy! President Donald Trump’s re-election hinges on supercharging the US economy, and data showing faster than expected growth provided him a […]

Fear of Missing Out (FOMO) on Big Gains Driving Market Due North

Fear of Missing Out (FOMO) on Big Gains Driving Market Due North

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 and NAS Comp marked all-time closing highs The S&P 500 index closed at a record high, surpassing the highs it set last September and recouping all the ground it lost in the Fed engineered attempt to push it into a Bear market late last year. The NAS […]

US Stocks Finish Flat to Unchanged on Light “Earth Day’ Volume

US Stocks Finish Flat to Unchanged on Light “Earth Day’ Volume

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 held the 2900 mark at the close President Trump commemorated Earth Day with a message that included nods to “historic economic and job growth,” but made no mention of climate change. “Environmental protection and economic prosperity go hand in hand,” President Trump said in a statement issued […]

US Economy Booming!

US Economy Booming!

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Trump Administration’s tax law is fueling economic growth Monday, White House National Economic Council Director Larry Kudlow that while many people are complaining about having to write bigger checks to meet their annual Tax Day obligation, policies that were put into effect under President Trump mean improved prosperity. […]

President Trump, “Stocks (DJIA) Should Be 5,000-10,000 Pts Higher”

President Trump, “Stocks (DJIA) Should Be 5,000-10,000 Pts Higher”

$DIA Sunday, President Trump said that actions by the Fed have hobbled economic growth and stock market gains by perhaps 30%, and that it should begin pumping money into the economy as it did during the Y’s 2007-2009 recession. President Trump’s latest hammering Twitter attack Vs the Fed came as European Central Bank head Mario […]

“Fed May Not Hike Interest Rates Again…”

“Fed May Not Hike Interest Rates Again…”

$DIA, $SPY, $QQQ, $RURX, $VXX FLASH: Wall Street finished flat to little changed in front of earnings season The stock market finished little changed Thursday in a tight-ranged trading session. The S&P 500 finished fractionally higher, as RSI from financial and industrial stocks helped mitigate losses from shares of healthcare companies in front of earnings […]

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

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

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

S&P 500 Up for 7 Day’s Running Seeing 2900 Next

S&P 500 Up for 7 Day’s Running Seeing 2900 Next

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The S&P 500 gained 0.5% Friday in a broad-based advance that was supported by a Goldilocks Employment Situation Report for March. The benchmark index advanced for the 7th session running, increasits its weekly gainer to 2.1%, and closed within 10 points of the 2900 level. The US labor market […]

President Trump, “I Will Only Accept ‘Great’ China Trade Deal”

President Trump, “I Will Only Accept ‘Great’ China Trade Deal”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 advances for 6th session running, closing on the high for the year There is positive sentiment on Wall Street about a trade deal in anticipation of President Trump’s meeting with Chinese Vice Premier Liu He after the close. There was also some speculation that President Trump could […]

Rally Extends, Chip Index Marks Record Highs

Rally Extends, Chip Index Marks Record Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Semiconductor stocks outperformed following some positive industry indications, Chip Index at record highs US- China trade talks resumed in Washington and the Financial Times reported a final trade deal is nearly done, enforcement a working issue Positive non-manufacturing PMI data out of China and Europe US stocks finished higher Wednesday, […]

The S&P 500 Roars into April, No Foolin!

The S&P 500 Roars into April, No Foolin!

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The S&P 500 gaped open after better than expected China’s Manufacturing PMI (actual 50.5; expected 49.5; prior 49.2) and Non-Manufacturing PMI (actual 54.8; expected 54.5; prior 54.3) reinforced the idea that global economic activity is rebounding. The upbeat tone drove a rally in stocks with high-beta groups like the […]

US Economy Looks ‘Very Good’ in Here, Stocks Break Out on Volume

US Economy Looks ‘Very Good’ in Here, Stocks Break Out on Volume

$DIA, $SPY,$QQQ, $RUTX, $VXX FLASH: S&P 500 marks its Best Quarter since 2009 Friday the US stock market liked what it heard: The US and China held “constructive” trade talks in Beijing this week, according to Treasury Secretary Steven Mnuchin and the White House. Trade talks will continue next week in Washington with China’s Vice […]

China Trade Talks, Earnings Optimism Driving US Stocks

China Trade Talks, Earnings Optimism Driving US Stocks

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: A US trade delegation, which included USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin, arrived in Beijing for a two-day meeting on Thursday. Reuters reported Wednesday evening that Chinese negotiators made “unprecedented” proposals on a range of issues including forced technology transfers. Despite the progress, the market continues to wait […]

Bond Yields Stabilize, Stocks Back in ‘Rally’ Mode

Bond Yields Stabilize, Stocks Back in ‘Rally’ Mode

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Infrastructure, healthcare and defense stocks stand to rally in the wake of President Trump being cleared by Special Counsel Robert Mueller of conspiring with Russia in the 2016 US Presidential election. Financial analysts are saying such stocks could run North as President Trump shifts his focus back to policy-making, […]

Key US Treasury Yields Lowest Since December 2017

Key US Treasury Yields Lowest Since December 2017

$DIA, $QQQ, $SPY, RUTX, $VXX FLASH: The Benchmark 10-year Treasury yields fell to their lowest levels since December 2017 Monday as investors evaluated last week’s Dovish pivot by the Fed. Last Wednesday the FOMC stunned investors by abandoning projections for any interest rate hikes this year and saying it would halt the steady decline of […]

Jobless Claims Down, Mid-Atlantic Factory Activity Up

Jobless Claims Down, Mid-Atlantic Factory Activity Up

$DIA, $SPY, $QQQ, $RUTX, $AAPL, $MU, $VXX FLASH: The S&P 500 closed at its highest mark this year. The S&P 500 gained 1.1% Thursday, bolstered by the notion of a Dovish Fed and persistently low US Treasury yields. Leadership from the S&P 500 information technology sector (+2.5%), driven by gains in Apple and Micron also […]

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 […]

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