#VShapedRecovery #economy #C19coronavirus #recovery #NYSE #stockmarket #rally #bullish #resiliance $DIA $SPY $QQQ $RUTX $VXX The US economy is displaying remarkable resilience and is still seeing a “V-shaped recovery” despite some setbacks in efforts to reopen state economies that had been shuttered by the C-19 coronavirus. “At the moment, the story looks very good. We are […]
$DIA $SPY $QQQ $RUTX $VXX Friday, Fed Chairman Powell said he will “act as appropriate” to support the economy in the face of risks posed by the coronavirus outbreak, though he said the economy remains in solid condition. “The fundamentals of the US economy remain strong,” Chairman Powell said in a statement released amid an ongoing […]
Business Growth in UAE’s Private Sector Taps 25-month Highs $OIL Business activity was led by new projects, a further general improvement in economic conditions and market demand The UAE’s non-Oil private sector registered strong growth in March, in line with the trend so far this year, according to Emirates NBD’s monthly survey. Growth in the […]
The “Shortened” Week Ahead on Wall Street $STZ, $MON, $WBA The US financial markets were closed Monday in observance of New Year’s Day. This week only 3 members of the S&P 500 are scheduled to report earnings to Wall Street: Constellation Brands, Inc. (NYSE:STZ), Monsanto Company (NYSE:MON) and Walgreens Boots Alliance Inc. (NYSE:WBA) Thursday. […]
China’s Manufacturing Expands for 5th Month Running Activity at China’s factories slowed in December but still marked the 5th consecutive month of expansion in the latest sign that the world’s #2 economy is stabilizing. The monthly PMI (purchasing managers’ index) by the Chinese Federation of Logistics and Purchasing was 51.4 in December, the 2nd highest […]
US Jobs Report Validates Short-term Interest Rates $DIA, $SPY, $QQQ, $VXX The monthly US jobs report for November was released early Friday, and it was not so bad that the FOMC will upset market expectations and not hike interest rates in mid-December. The data validated what fixed-income markets have already priced in when it comes […]
The Week Ahead on Wall Street $DE, $TSN, $CPB, $HRL, $MDT The US financial markets will be closed Thursday in observance of Thanksgiving. The US stock exchanges will close early Friday, at 1:00p EST. Q-3 earnings season continues to wind down with just 13 members of the S&P 500 scheduled to report to Wall Street […]
The Week Ahead on Wall Street $V, $AAPL, $CAT, $BA, $KO, $XOM This week Q-3 earnings season hits full stride, with 178 members of the S&P 500 reporting to Wall Street. Included in this group are 12 DJIA componenets: Monday: Visa (NYSE:V) Tuesday: 3M Co. (NYSE:MMM), Apple (NASDAQ:AAPL), Caterpillar (NYSE:CAT), DuPont De Nemours (NYSE:DD), Merck […]
The Week Ahead on Wall Street $AYI, $DRI, $STZ, $GPN, $MON, $YUM Q-4 (October) started Saturday, the month infamous for the Y 1929 and the & 1987 crashes. 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 […]
This Week’s US Economic Calendar: Expected, Revised & Prior 26 September, Monday New Home Sales, August (10:00a EDT): 585-K expected, 654-K prior 27 September, Tuesday Case-Shiller 20-City, July (9:00a EDT): 5.1% expected, 5.1% prior Consumer Confidence, September (10:00a EDT): 98.0 expected, 101.1 prior (revised from 99.8) 28 September Wednesday MBA Mortgage Index, 09/24 (7:00a EDT): […]
The Week Ahead on Wall Street $BBY, $INTU, $SMJ, $HPQ, $PVH, $ADSK, $DG, $MDT, $PDCO, $SIG, $TIF, $ULTA This week 13 members of the S&P 500 are scheduled to report earnings to Wall Street On Tuesday: Best Buy (BBY), Intuit (INTU) and JM Smucker (SJM). On Thursday: HP (HPQ) and PVH Corp. (PVH) on Wednesday; […]
The Week Ahead on Wall Street $PFE, $PG Earnings season continues with 119 S&P 500 companies reporting. Included in this group are DJIA components Pfizer Inc. (NYSE:PFE) and Proctor & Gamble Co. (NYSE:PG), which will both report Tuesday. Economic Reports The week’s 1st economic reports to Wall Street will be the July purchasing manager’s manufacturing index (PMI), the […]
Japanese Economy Hard to Grow with Declining Workforce The fundamental problem of the Japanese economy is its declining workforce, an Australia international economist said recently in an interview. Joseph Capurso, Commonwealth Bank of Australia international economist, said: “It’s very hard to grow your economy when your workforce is falling.” The May Markit/Nikkei manufacturing PMI declined […]
The Week Ahead on Wall Street $PFE, $MRK Q-1 earnings season will be busy, with 124 members of the S&P 500 scheduled to report this week. Included in this group are DJIA components Pfizer (NYSE:PFE) Tuesday and Merck & Co. (NYSE:MRK) Thursday. Economic Reports The week’s 1st economic reports to Wall Street will be the April PMI […]