#Marijuana #Cannabis #MOREAct #GOP $MJ GOP-controlled Senate not expected to take up the MORE Act, even if measure passes House later this Fall Top House Democrats are delaying having a vote on a bill that would decriminalize marijuana at the federal level, after previously saying the vote would come next week. Analysts say the measure […]
#AidReliefStimulus The Big Q: How much and when will lawmakers agree on more virus aid/relief/stimulus? Tuesday, White House Chief of Staff Mark Meadows said a $1.5-T China virus relief proposal from a bipartisan group of moderate lawmakers does not align with administration priorities, but could provide a “real opening for further discussions.” “It is a […]
Friday, the US House of Representatives on Friday narrowly approved a $3-T bill crafted by Democrats to provide more aid for battling the C-19 coronavirus chaos and stimulating the economy hammered by the medical malpractice. By a vote of 208-199 Democrats passed a bill that Republican leaders, who control the Senate, have vowed to block. […]
Thursday, the Democrat controlled House passed a $484-B interim coronavirus bill that includes additional money for the small-business loan program, as well as for hospitals and testing, making way for the legislation to become law by Friday. The bill includes more than $320-B for the Paycheck Protection Program (PPP) created by the CARES Act passed late last month. The program, […]
$DIA $SPY $QQQ $RUTX $VXX Friday, investors took some profits after the American Aid bill was passed and sent to President Trump for signing. By the end of the session, the DJIA was off 4.1%, S&P 500 and NAS 3.8 shed 3.4% and 3.8% respectively. The strong gains made on the week drove the DJIA […]
Friday afternoon, President Trump signed the $2.2-T American Aid/Stimulus bill, after swift and near-unanimous action by Congress this week to support businesses, rush resources to overburdened healthcare providers and help struggling families during this coronavirus epidemic. President Trump moved quickly to halt an economic free fall caused by behavioral restrictions meant to slow the spread […]
The Senate will vote on the $2-T package later Wednesday and the House of Representatives is expected to follow suit soon after. “This is a wartime level of investment into our nation,” Republican Senate Majority Leader Mitch McConnell said in a speech announcing the pact after days of negotiations between Republican and Democratic lawmakers, Treasury […]
President Trump said Tuesday he would be happy to have a trial in the US Senate following his impeachment by the Democratic-led House of Representatives, but that he did not really care. “I don’t really care. It doesn’t matter. As far as I’m concerned I’d be very happy with a trial because we did nothing […]
The White House’s trade adviser Peter Navarro, said Monday that a preliminary trade deal with Beijing is completed. “That’s a done deal, put that one in the bag,” Mr. Navarro said on TV. He declined to confirm a report by the South China Morning Post that Chinese emissaries led by Vice Premier Liu He will […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA Rose 337 pts on Robust Jobs Data, China Trade Hopes Friday, White House economic adviser Larry Kudlow declared that President Trump’s policies and strategies have reshaped the US economy and has put Americans back to work. “America is working. We are in an American workers’ boom with respect […]
Chief Justice John Roberts ordered an indefinite delay in the House of Representatives’ demand for President Trump’s financial records to give the Supreme Court time to figure out how to handle the dispute, and his order contains no hint about what the court ultimately will do. The court’s hold could last a matter of days […]
Jon Voight will be awarded the prestigious National Medal of Arts by President Trump, the White House announced Monday. Voight won an Oscar for best actor in the 1978 movie “Coming Home” and starred in “Midnight Cowboy,” the 1969 film that won an Academy Award for best picture. Mr. Voight is also 1 of President […]
President Trump hosts White House screening of ‘Joker’ Saturday night, President Trump hosted a showing of which ‘Joker’ which tells the the origin story of Batman’s arch nemesis. A senior White House official confirmed that President Trump screened the movie for guests including “family, friends, and some staff.” ‘Joker’ was released in theaters last month, […]
House Speaker Nancy Pelosi (D-CA), and Treasury Secretary Mnuchin met Thursday in an effort to come to an agreement over funding for President Donald Trump’s wall for the southern border. Congressional and White House officials have been in a stalemate over $5-B for President Trump’s wall for months and now face a 21 November deadline. […]
Friday, President Trump is responded to a possible run by former New York City Mayor Michael Bloomberg for the Democratic Presidential nomination, saying “There is nobody” he would “rather run against.” President Trump responded to news that billionaire Little Mike Bloomberg is opening the door to a 2020 White House bid. President Trump predicted Friday […]
Saturday, President Trump admonished the Washington Post for a “phony” story that reports he is irked and worried amid Democrats’ impeachment inquiry. In a Tweet, President Trump put down the Friday article reporting that he is frustrated witnesses are coming forward to testify before the House. “The Fake Washington Post keeps doing phony stories, with zero sources, that […]
Friday, President Trump waved off the need for any extra help in countering House Democrats’ impeachment efforts, declaring “I’m the team.” The remarks outside the White House before leaving for an event in South Carolina recalled Donald Trump’s 2016 declaration while accepting the GOP Presidential nomination that “I alone can fix it.” “Here’s the thing. I do […]
No US President has ever been removed from office via impeachment. Congressional Republicans pressed efforts to discredit the Democratic-led impeachment inquiry against President Trump Thursday with plans for a Senate resolution calling it illegitimate, while the White House lauded lawmakers in his party who stormed into a high-security room and interrupted testimony. The House is […]
Deputy Press Secretary Hogan Gidley Tuesday defended President Trump’s use of the word “lynching” in a Tweet to describe the impeachment inquiry Vs him that when he talks about how the media and Democrats have been treating him since the day he announced his candidacy. “The day he was elected, before being sworn into office they were already […]
White House economic adviser Larry Kudlow speculates that next week’s China trade talks with the US could very well stun everyone. Mr. Kudlow held out hope for progress in opening China’s financial services markets to American companies in trade talks next week, adding the US team was heading into them “open-minded.” “There could be positive […]
US House Judiciary Chairman Jerry Nadler and other House Democrats are pushing for “imaginary impeachment” proceedings against President Trump that “nobody in America” wants, House Minority Leader Kevin McCarthy declared Tuesday. “There are no facts for it,” the California Republican said in a TV interview. “Here is Nadler who campaigned to become chairman on the […]
Tuesday, President Trump sacked John Bolton, his hawkish national security adviser with whom he had significant disagreements on Iran, Afghanistan and a number of other global challenges. “I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others […]
$GM General Motors (NYSE:GM) Chairman/CEO Mary Barra said her face-to-face session with President Trump Thursday was “productive and valuable, declining specifics. The head of the largest US automaker met with President Trump after he stepped up attacks on the Detroit automaker. He has been hammering GM for much of the last year after the company […]
$BTC, $BTCUSD Online criminals hawking lethal substances like fentanyl are demanding payments in Bitcoin, Bitcoin Cash, Ethereum and Monero, according to a new White House report. The report, intended to raise awareness about the fentanyl crisis, describes cryptocurrencies as one of the “predominant funding mechanisms associated with fentanyl trafficking.” Cryptocurrencies apparently feature heavily in the 2 main […]
President Trump is applauding the Louisiana team that claimed its 1st Little League World Series title, tweeting: “Congratulations to Louisiana’s Champions. See you at the White House!” The team from suburban New Orleans beat Curacao 8-0 to win the title Sunday. The champions fought their way back through the losers’ bracket, winning six games in eight […]
“Each of our nations is totally unique with our people and our own sovereign obligations. But we can coordinate together and achieve a common good.“– President Donald J. Trump His Mission Statement WORKING WITH G7 PARTNERS: President Donald J. Trump will meet with leaders of G7 nations to further our cooperation and relations with several […]
Sunday, when President Trump said he had 2nd thoughts about escalating the trade dispute with China, he meant that he wished he had raised tariffs on Beijing even higher, the White House said. President Trump, who announced higher tariffs on Chinese goods last week, raised eyebrows during a meeting with UK PM Boris Johnson at […]
FLASH: Chinese side confirmed their commitment to increase purchases of United States agricultural exports. The US and Chinese negotiators wrapped up a round of trade talks on Wednesday with visible signs of progress and scheduled their next meeting in September in Washington, DC. Both sides issued brief statements after the 1st face-to-face meetings since President […]
White House senior adviser Jared Kushner planning to travel to Jerusalem and several other capitals in the Middle East next week to talk about moving forward with the Trump administration’s Israeli-Palestinian peace plan. Sunday, it was reported the trip will be important for both the economic and political components of the plan. The timing for unveiling […]
Thursday, US Treasury Secretary Steven Mnuchin said that negotiators have reached an agreement on the core elements of a deal to increase the government’s borrowing cap and set a $1.3-T overall level for the agency budgets that Congress passes each year. He told reporters that talks with House Speaker Nancy Pelosi, (D-CA), have settled on […]
Thursday, US Senate Majority Leader McConnell (R-KY) said that Congress will raise the nation’s debt ceiling, as the United States will never be allowed to default on its debts, adding that reaching a deal between President Trump and House Speaker Nancy Pelosi (D-CA) would be the best option to prevent chaos and the potential of […]
Larry Kudlow says, Fed ChairmanPowell’s job is safe for now. Mr. Kudlow is the Top economic adviser to President Donald Trump. “There is no effort to remove him,” he said in a TV interview Tuesday. Mr. Kudlow said he supports the central bank’s independence and that there are no plans presently to change Powell’s job. […]
Friday, President Trump said mass deportation roundups would begin “fairly soon” as US migrant advocates vowed their communities would be “ready” when immigration officers come. President Trump, who has made a hard-line immigration stance a Key issue of his Presidency and Y 2020 re-election bid, postponed the operation last month after the date was leaked, […]
Fact: Washington has held an Independence Day celebration for decades, featuring a parade along Constitution Avenue, a concert on the Capitol lawn with music by the National Symphony Orchestra and fireworks beginning at dusk near the Washington Monument. And Thursday, the 4th of July, President Trump continues the tradition and presents a show of the […]
There are no preconditions set ahead of any trade talks with China, White House economic adviser Larry Kudlow said Thursday ahead of President Trump’s meeting with Chinese President Xi this weekend at the G-20 in Japan There were no specific agreements made ahead of the two leaders’ talks, Mr. Kudlow said in an interview. Mr. Kudlow […]
President Trump Tuesday kept up the pressure on the head of the Fed following a report that lawyers at the White House have explored the legality of stripping Jerome Powell of the Fed’s Chairmanship. Asked by reporters outside the White House if he wanted to demote Chairman Powell, President Trump said: “Let’s see what he does.” […]
Tuesday, Wite House economic adviser Larry Kudlow said President Trump is not considering any changes to Fed Chairman Jerome Powell’s status following a report that the White House had explored the possibility of demoting him. Mr. Kudlow spoke to reporters at the White House ahead of the FOMC’s meeting this week that comes on the […]
Tom Homan, the former acting director of Immigration and Customs Enforcement, is headed back to The Trump Administration as “border czar,” President Trump said Friday, he “really wants” to be involved with the border. The announcement happened when President Trump was speaking during a lengthy TV interview. President Trump sad Mr. Homan will report directly to […]
Wednesday, President Trump said he was “in no rush” to make a deal with NKorea to get it to dismantle its nuclear weapons program, and touted what he called his positive relationship with NKorea’s leader Kim Jong Un. “I think we’re going to do very well with North Korea over a period of time. I’m […]
US home prices rose at the slowest pace in 6.5 yrs in March, a sign weaker sales are keeping a lid on price increases. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.7% from a year earlier, down from an annual gainer of 3% in February. Price gains in formerly Red-hot cities such as Seattle […]
NKorea’s weapons testing since the last Summit between President Trump and Chairman Kim Jong Un “isn’t bothering” our President, White House press secretary Sarah Sanders said Sunday. In a TV interview Ms. Sanders, who is accompanying the President in his visit to Japan this weekend, said President Trump’s “focus in all of this process is […]
President Trump Tuesday to take “harsh measures” if congressional Democrats do not take action against immigration loopholes. President Trump Tweeted Tuesday morning: “Democrats in Congress must vote to close the terrible loopholes at the Southern Border. If not, harsh measures will have to be taken!” The White House has requested billions in emergency funds from Congress […]
Saturday, President Donald brushed off noise of a possible weapons test by NKorea, vowing that leader Kim Jong Un “will do nothing to interfere” and that a denuclearization deal with the US “will happen.” The Tweet, posted while President Trump was in route to the Trump National Golf Club in Virginia, was the President’s 1st […]
FLASH: In an unprecedented Steward’s decision, Country House, a 62-to-1 long shot, who finished the mud race 2nd, is the winner of the 2019 Kentucky Derby. Maximum Security, who finished 1st, was disqualified after Churchhill Down Stewards determined that Maximum Security and jockey Luis Saez committed an infraction, and were therefore disqualified after a roughly […]
FLASH: President Trump and Democratic congressional leaders agreed Tuesday to work together on a $2-T infrastructure program Senate Minority Leader Chuck Schumer (D:NY) said there was “good will in the meeting” and that the 2 sides agreed that infrastructure investments create jobs and make the United States more competitive economically with the rest of the […]
$USD, $SPY, $QQQ, $DIA FLASH: Slowing inflation may lead the Fed to cut interest rates, White House economic adviser Larry Kudlow said in a TV interview Monday. “The Fed is independent, but they have been themselves talking about coming and lowering their inflation target, which might mean a lower interest rate adjustment on their own […]
President Trump’s lawyer Rudy Giuliani accused special counsel Robert Mueller of doing “some pretty outrageous things” during his investigation into Russian collusion and President Trump. During an interview Mr. Giuliani said that SC Mueller’s team of investigators might have even tried to “frame” President Trump for working with the Russians during the 2016 Presidential campaign. […]
FLASH: White House economic adviser Kevin Hassett said the “blockbuster” 3.2% economic growth in Q-1 is “absolutely” sustainable. The Trump Administration has already been forecasting 3.2% economic growth for Y 2019. “Maybe we would revise it up,” he said in a TV interview.. “The number was 3/10ths lower because of the government shutdown and … […]
President Trump says he will go directly to the US Supreme Court “if the partisan Dems” ever try to impeach him. But President Trump’s strategy could run into a roadblock: the high court itself, which said in Y 1993 that the framers of the Constitution didn’t intend for the court to have the power to […]
Larry Kudlow, the Top White House economic adviser said Tuesday the United States and China were making progress in trade negotiations and he is “cautiously optimistic” about the prospects for striking a deal. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning 30 April, the White House […]
$NKE FLASH: President Trump Invites Tiger Woods to the White House to Receive the Presidential Medal of Freedom and Celebrate! Tiger Woods’, 43 anni, come from behind Masters victory will reward the few companies that stuck with him through his struggles, and the ones that joined him when he was near the low point of […]
Monday, President Donald Trump said that his proposal to send migrants to so-called sanctuary cities is taking effect. President Trump Tweeted: “Those Illegal Immigrants who can no longer be legally held (Congress must fix the laws and loopholes) will be, subject to Homeland Security, given to Sanctuary Cities and States!” It was unclear whether the […]
FLASH: Kellyanne Conway said on TV Sunday that the immigration problems in the country could be fixed “easily” but that Democrats are too anti-Trump to get the job done Sunday, White House counsel Kellyanne Conway taunted House Speaker Nancy Pelosi (D-CA), asserting there is malignancy among the Dems rank-and-file that’s causing “trouble in Pelosi paradise.” […]
US Treasury Secretary Steven Mnuchin said Tuesday that his department intends to “follow the law” and is reviewing a request by a Top House Democrat to provide President Trump’s tax returns to lawmakers. Secretary Mnuchin also revealed that Treasury Department lawyers have talked to the White House counsel’s office about the question of releasing President […]
FLASH: Top White House officials Sunday defended President Trump’s plan to name 2 political loyalists to the Fed’s board of governors, brushing aside controversies over their personal lives and qualifications to help run the world’s most powerful central bank. White House economic adviser Larry Kudlow and acting White House Chief of Staff Mick Mulvaney used […]
$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, […]
Steps are being taken this week to stop Democrats’ continued obstruction of President Trump’s nominees and “restore normalcy” to government, Senate Majority Leader Mitch McConnell (R-KY) writes. “Since January 2017, for the 1st time in memory, a minority has exploited procedure to systematically obstruct a President from staffing up his administration,” Senator McConnell said in […]
FLASH: The plethora of Dem 2020 Presidential candidates are starting undermine each other Senator Kamala Harris, 54 anni, (D-CA) sent a poison arrow to the old guard of Democratic politics that every era has its end. At an Atlanta church service Sunday, the Presidential candidate compared leadership to a relay race in which each generation […]
First Lady Melania Trump will host a White House meeting this week to review youth programs at various government departments and agencies. The First Lady’s office says she will lead Monday’s discussion at a meeting of the Interagency Working Group on Youth Programs. The goal is to build upon and improve youth programs that align […]
The Big Q: What does Ivanka Trump do? The Big A: This is what she is doing. She is working on behalf of The Trump Administration to to empower women around the world, and especially in developing countries, is an urgent priority that goes well beyond social justice. Ample research has demonstrated and, in several […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Big A for our readers that ask What does Ivanka Trump do? But 1st The S&P 500 lost 0.7% Wednesday, pulling back for the 3rd session running on profit taking in shares of energy, healthcare, and semiconductor companies leading the retreat. The economic data, as follows: The ADP […]
US President Trump’s declaration of a national emergency to circumvent Congress and spend billions of dollars for a border wall is the latest example of him relishing using the power of the Presidency to do whatever he can without Congress. This was made even clearer by a revelation from a senior White House official that shortly […]
FLASH: The Fed has the stock market’s back White House economic adviser Larry Kudlow applauded President Trump’s public pressure on the Fed on the pace of the central bank’s interest-rate hikes. “I’m very glad the Federal Reserve is putting their rates on hold,” he said on TV Thursday, “I think the president’s warning on that […]
Tuesday, former Arkansas Governor Mike Huckabee said on TV that the White House may seem chaotic to some, but it is running like “a 5-Star restaurant.” Governor Huckabee responded to a comment from Senate Minority Leader Chuck Schumer (D-NY), who said that “chaos and incompetence” keeps The Trump Administration from fulfilling its responsibilities. “This is […]
Monday, President Trump summoned Fed Chairman Jerome Powell to the White House for dinner to discuss recent economic developments and the overall outlook. The Fed is being tight lipped about the ongoing monetary policy discussions with President Trump. Chairman Powell’s comments were “consistent with his remarks at his press conference of last week,” the Fed […]
A once senior NKorean official was reportedly banished to a labor camp after Chairman Kim Jong Un accused him of “breaching doctrine” in a proposal for US-NKorean talks. Han Song Ryol, once the North Korean vice foreign minister, was sent to a “re-education camp” after he was removed from his position last year, a SKorean […]
Thursday, White House economic adviser Larry Kudlow said that the upcoming trade talks between the United States and China will be Key in determining whether the globe’s 2 largest economies can reach a deal on trade. Chinese Vice Premier Liu He will meet with US Trade Representative Robert Lighthizer in Washington on 30-31 January. “I think […]
$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 […]
$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 […]
President Trump says the southern border is “like a sieve” need the Wall. Early Tuesday US authorities fired tear gas into Mexico to repel about 150 invading migrants trying to breach the border at Tijuana. President Trump spoke during a White House meeting with his Cabinet as the partial government shutdown runs into its 12th […]
President Trump has called congressional leaders of both parties to a Wednesday afternoon briefing on The Wall at the White House News of the meeting came as President Trump used Twitter to urge House Minority Leader Nancy Pelosi to consider a “deal” on border security to end the government shutdown. The session will include a […]
Fed Chairman Powell not listening, he is being reprieved a the enemy of the US economy and the equity markets. President Donald Trump expressed confidence in the Fed, and its Chairman, Jerome Powell, following reports that he has discussed firing his central bank chief, though the President complained again that interest rates have been rising […]
Americans see through Senate Democrats’ efforts to thwart President Trump’s call for additional border Wall funding, as they want a secure border and they elected President Trump because he promised to keep the country safe. “Let’s see if they can start negotiating in good faith,” House Majority Whip Steve Scalise (R:LA) said Friday. “I think […]
$DJIA, $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start this week again testing the bottom of the range formed with by the selling that began in October. The S&P 500 cracked 2600 and supposedly that sets up more Southside action. Sentiment is extreme as reported by the AAIA, outflows from stocks are at […]
$DJIA, $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start the week testing the bottom of the range formed with by the selling that began in October. The patterns and technical indicators suggest a move from where the major indexes closed Friday back up to the November highs. After a reversal off the trading […]
White House Hails China Trade Truce The Trump Administration is celebrating the 90-day truce it reached in its trade dispute with China as a significant breakthrough despite some skepticism that Beijing will yield to US demands anytime soon. “This is just an enormous, enormous event,” Larry Kudlow, President Donald Trump’s Top economic adviser, said of […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Just 12 days ago everybody on The Street was celebrating Thanksgiving in a very cautious market mode, they came back to their desks, and triggered a Key reversal in the major US stock market indexes that was confirmed on Friday, 30 November and […]
President Trump’s Predictions About Invading Migrant’s Caravan Came True Everything the White House and The Trump Administration officials predicted about the caravan of invading migrants heading to the US border from Central America has come true, despite arguments that the warnings were little more than an election ploy, presidential counselor Kellyanne Conway said Tuesday. “In […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Last week everybody that is anybody was away celebrating Thanksgiving, now they are back to their desks, that is if not stranded in a blizzard. Looking back, here is some stirrings emerging from the small and mid-caps via chips, telecom, and some bio techs and […]
President Trump Pardons ‘Drumstick’ the Turkey! There is an American tradition at the White House, it is a light-hearted ceremony. The 71st Annual White House Turkey Pardoning originates back to President Lincoln. But it has evolved with President George H.W. Bush (41) actually being the 1st President to pardon the turkey. And his son, George […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX DJIA higher, some testing leaders start to bounce back. Chipmakers show many interesting Northside setups. Fed Vice Chairman moves warm markets. The market action has given up some good patterns, the Big Q: Will the break North into year’s end. Today is Monday, the […]
White House Writing Up ‘New Rules’ for Press President Donald Trump says the White House is “writing up rules and regulations” for reporters after a judge ordered the administration to restore credentials for CNN reporter Jim Acosta. President Trump told reporters Friday that “people have to behave.” He added that if journalists “do not listen […]
Crude Oil Dives, Energy Stocks Weight on Broad Market $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX The S&P 500 closed Tuesday with a loss of 0.2%. The benchmark index climbed as high as 1.0% on news from the White House of US-China trade negotiations being back on, but energy stocks eventually led the broader market South […]
President Trump Preparing ‘Sweeping’ Infrastructure Plan White House economic adviser Larry Kudlow said Tuesday that President Trump’s administration is looking at a sweeping infrastructure plan. “We are looking at infrastructure in many different ways, I would like to do energy infrastructure. I would like to do pipeline,” the veteran financial guru said. The White House […]
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 […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Last Wednesday post election spike either stands on its own or platforms for a breakout. PPI at a 6 year high with prices +2.9% Y-Y. S&P 500, DJIA in excellent tests, NAS Comp work’in on it This week we see new leaders come up […]
Florida to Recount of Votes in its Races for the US Senate and Governor Florida will hold a machine recount of votes in its races for the US Senate and Governor, with results due by 3:00p (2000 GMT) on Thursday, 15 November, its Secretary of State said Saturday. The 2 contests, along with those for […]
Two Years In, President Trump Holds Stock Market Bragging Rights $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, US stocks rallied with broad gains led by the technology and healthcare sectors as investors made bets that a divided Congress would be good for equities. Democrats won control of the House Tuesday, while President Donald Trump’s Republican party […]
America’s Voters Delivered a Split Decision Tuesday Trump Praises Republicans, Willing to Work With Dem House Trump Declares Victory, Slams ‘Fake News’ Tuesday Night Was Net Gain for Republican State Governors Trump: Americans Understand Mueller Probe Is a ‘Disgusting Witch Hunt’ America’s voters in Tuesday’s election delivered a split decision that gave both Democrats and […]
Strategist Who Predicted 2016 Sees a Republican Midterm Sweep Due to Strong Economy Wall Street strategist Mark Grant predicted Donald Trump’s Y 2016 victory, he now sees a Republican midterm sweep thanks to the strong Trump economy. “The reason is there is a tremendous amount of people that have been helped by this economy. They […]
US Stock Market Setup to Rise 10% in Relief Rally Off of the October Pullback $DIA, $SPY, $QQQ, $RUTX, $VXX My work shows that the US stock market could rally in relief at least 10% after Tuesday’s midterm Congressional elections. With so much risk recently taken off the table heading into the elections it is a […]
Investors Focused on Outcome of Congressional Midterm Elections $SPY, $DIA The US Congressional midterm elections will have implications for Wall Street, regardless of how they shape the balance of power in Congress. That is because in every scenario there could be winners and losers in Key sectors of the market, including banking, pharmaceuticals, companies that […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX NFPs report solid, shows best wage growth in 10 years. China trade, market still struggles on news. 4 day Rally paused Friday All Eyes on the US Congressional Midterm Elections Tuesday Friday, stocks opened higher then faded, trending lower into early afternoon. Positives turned to […]
President Trump’s Economic Policy Makes Sense “It is Winning!” Larry Kudlow, The Trump Economy’s Strength Is Not a ‘Sugar High’“The economy is booming. We’re in a boom”, the head of the National Economic Council that advises President Donald Trump. The Democrats’ move further left to oppose President Donald Trump and the “booming economy” will be […]
President Trump, “There is no ‘Blue Wave’” “The Blue Wave is Dead” US President Donald Trump has declared that Democratic Party’s midterm Congressional election “blue wave is dead,” saying he is confident Republicans will keep the Senate while doing “very well in the House.” “I think the blue wave is dead, frankly,” President Trump told Christian […]
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 […]
President Trump, “The Migrant Invaders are ‘Dangerous’” US President Donald Trump sent out two more messages on Twitter Wednesday morning warning about the dangers of the approaching invasion of migrants walking and hitchhiking towards the US border in Mexico. “The Caravans are made up of some very tough fighters and people,” the President wrote in […]
President Trump “On the Stump” Ahead of the Congressional Elections US President Donald Trump will campaign in 8 states in the final days before 6 November congressional elections, with his focus on tight races in which Republicans have a good chance at winning Senate seats. From Wednesday until Election Day, the President will make campaign […]
President Trump Sees a 10% Tax Cut for Middle-income Americans President Donald Trump, speaking to reporters at the White House as he left on a campaign trip to Texas, said Monday his Administration planned to produce a resolution within two weeks calling for a 10% tax cut for middle-income people. “We are putting in a […]
America’s Middle-class Tax Cut on the Way President Donald Trump said he’s considering a “major tax cut” for middle-income earners that he may announce just days away. The cut was approved in the House in July, and just awaits the blessing of the Senate. The Y 2017 overhaul has been criticized for mainly benefiting the […]