October, the Stock Market’s History

October, the Stock Market’s History

#stock #market #October #history #SP500 $SPY $SPX $DIA $QQQ $RUTX September was the 1st losing month for Wall Street since a recovery rally began in on 23 March. Market history suggests that September, historically the worst performing month of the year for US stocks, could be followed by the indexes outperforming in October, that rank […]

Commentary: Paul Ebeling on Wall Street, October Looms

Commentary: Paul Ebeling on Wall Street, October Looms

#WallStreet #PaulEbeling #BigTech #economy #growth #Bulls #Bears #money #virus $DIA $SPY $QQQ $RUTX $VXX Last Week in Review Despite the seesaw action in the long term it is constructive. Volatility is flat, and the P/C ratio recently hit 1.0 on an Northside session. Those are positive divergences. Technical Analysis NAS Comp: Thursday, the index tested to […]

US-China Agree to Hold Trade Talks in October, Stock Futures Spike

US-China Agree to Hold Trade Talks in October, Stock Futures Spike

$DIA, $SPY, $QQQ China and the United States agreed to hold high-level trade talks in early October in Washington, China’s commerce ministry said Thursday. The announcement followed a call earlier in the day between China’s Vice Premier Liu He and US Trade Representative Robert Lighthizer and U Treasury Secretary Steven Mnuchin, the Ministry of Commerce […]

Analysts See Fed Cutting Interest Rates in September

Analysts See Fed Cutting Interest Rates in September

$MS, $GS Morgan Stanley (NYSE:MS) analysts said Monday that they now expect the Federal Reserve to cut rates in September and then again in October. “Trade’s ‘simmer’ has begun to boil, business sentiment and capex have softened further, global growth remains weak and inflation expectations have fallen,” while the gap between 3-month US3MT=RR and 10-year […]

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 […]

US Construction Spending Rises 1.4%, Best Gainer in 5 Months

US Construction Spending Rises 1.4%, Best Gainer in 5 Months

US Construction Spending Rises 1.4%, Best Gainer in 5 Months U.S. construction spending surged 1.4% in October, the best gain in 5 months, with all major categories of building posting gains. The October spending increase was the 3rd monthly gainer after more modest advances of 0.3% in September and 0.5% in August, the Commerce Department said […]

America’s Small-Business Optimism Running Very High

America’s Small-Business Optimism Running Very High

America’s Small-Business Optimism Still Very High $DIA, $SPY, $QQQ, $VXX More small-business owners last month said they expect higher sales and think that now is a good time to expand, according to the October NFIB Index of Small Business Optimism, released Tuesday. “Owners became much more positive about the economic environment last month, which suggests […]

October Stock Market Events: The Panic of 1907, Crash of 1929, Black Monday 1987

October Stock Market Events: The Panic of 1907, Crash of 1929, Black Monday 1987

October Stock Market Events: The Panic of 1907, Crash of 1929, Black Monday 1987 $SPY October is also notable for this Key reason: the performance of Standard & Poor’s 500-stock index from 31 July to 31 October has a way of predicting the Winner of the Presidential election. Tte pattern is solid, as shown in […]