$XAU, $GLD, $GOLD, $NEM, $USD FLASH: The prospects of the Fed cutting interest rates to near Zero this year has gold rallying to 6 year highs. Institutional investors like gold as a hedge against uncertain times, as gold has held value over centuries. The Big Q1: But does it make sense for individual investors? Here […]
$XAU $GLD August Gold gaped higher early Thursday, then faded finishing at, + $5.05 higher +0.4 % at $1427.85 oz Not a surprise because because of the resistance in here, so, it is going to take something special to power this market higher. Gold looks to be consolidating to build up enough pressure to finally break […]
$BTC, $BTCUSD FLASH: Bitcoin (BTC) Not a Game for Casual Players Financial markets experts agree that fast run-up in prices is a bubble. And the Big Q is always when/not if, its price will crash, and the effect of a crash? The Financial Stability Oversight Commission recently came out with a report listing challenges to financial stability, […]
$XAU, $GLD, $USD The People’s Bank of China (PBoC) said Monday it raised reserves for a 7th month running in June, adding 10.3 tonnes, following the inflow of almost 74 tonnes in the 6 months through May. Last week, Poland said it more than 2X’d its gold assets over this year and last, becoming the […]
$BTCUSD, $FB, $JPM, $V, $UBER Bitcoin (BTC) jumped Friday, and is set to mark the best Quarterly rally since the height of Y 2017’s cryptocurrency bubble with another push higher following a week of extreme price volatility. Bitcoin, the largest cryptocurrency, rose $1,408, or 13%, to $12,094 in New York trading, and it has has […]
$XAU, $GLD, $USD FLASH: The Fed is likely to have made at least 2 rate cuts by then So, we see a window of opportunity for gold to rally before inflation subsides in 2-H of Y 2020. Gold extended its rally, marking the biggest monthly advance since the UK voted to leave the EU in […]
$XAU, $GLD, $USD Gold markets extended the rally Monday, that being the case, the 1400 psych mark underneath should offer support, and notably it is a large, round, psychologically significant mark. As long as the price holds above that mark, this market is Bullish to Very Bullish, but there is lots of support marks underneath […]
$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 […]
$DIA, $SPY, $SOX, Investors heavily exposed to US stocks just had their best week YTD. But the rebound has raised several questions related to market behavior, policy and economics. How they are answered will prove consequential not only for market prospects but for the global economy. And, notwithstanding the lack of decisive answers at this stage, […]
$XAU, $GLD, $USD Last week’s price action in gold indicates that buyers know where the value is, but the lack of conviction may be holding them back. This is likely because of the strong USD. But, if you look at the price action on 23 May, you will see just how powerful of an influence […]
By Jim Collins The Big Q: Will they or won’t they? The “they” in the Q is the Federal Reserve’s Federal Open Market Committee FOMC), led by Chairman Jerome Powell. The action is obviously a cut in the fed funds target rate. Chairman Powell, much like his predecessors Janet Yellen and Ben Bernanke, is fond […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Global equities declined Wednesday, capping a 3-day winning streak after the Fed held rates steady as expected, but comments from Fed Chairman Powell cast doubt on whether the central bank’s next move would be a rate cut, as expected. The Fed left its Key interest rate unchanged Wednesday and […]
$GLD, $XAU By Jim Curry Last week’s trading saw gold forming its high in Monday’s session, here doing so with the tag of the 1295.20 figure. From there, weakness was seen into Thursday, with the precious Yellow metal dropping all the way down to a Thursday low of 1273.00 before bouncing slightly to end the […]
$DIS, $QCOM, $AAPL, $INTC, $KMI, $NWL, $XAU We have been see over the past weeks stocks moving back to their all-time highs marked in September 2018. And are seeing the drive further North from here. A few blue chips have been surging in the past week, and are far higher than they were back in […]
$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 […]
$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, […]
$GLD Gold markets rallied Monday, after initially pulling back a bit to find some buying. The $1325 level is just above, and that is an area of resistance due to the psych significant mark. Beyond that, if it breaks above that mark it would not only break that big number, but will also break above […]
$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 […]
$HGC1, $CU FLASH: Managed Money Driving Explosion in Copper (CU) Options in Big Bet on Prices A persistent Copper shortage has spurred a 32X explosion in the COMEX options market over the last 2 years as hedge funds and other speculators move to cash in on rising prices. Copper at the close in Chicago Tuesday: […]
$DIA, $SPY, $QQQ FLASH: 10 years Friday the US stock market hit the bottom of the Great Recession. Today, 10 years later, the US stock market is acting as if the economic expansion, now in its 117th month, is going to continue and likely accelerate. The S&P 500 is up 10% YTD The benchmark index […]
$CNY, $USD, $GS FLASH: The RMB Yuan’s rally has more room to run as China’s economic recovery picks up The currency will advance about 1.5% to 6.6 a USD in the next 12 months, says the Chief China economist at Goldman Sachs in Hong Kong. That is more Bullish than Goldman’s 6.7 forecast in January. […]
$GS, $MS FLASH: There is Big money heading to Chinese stocks After MSCI Inc. announced Thursday that it would boost the weighting of China’s onshore shares in its emerging market index, more than $46-B is set to pour in from funds that track the gauge. Chinese equities climbed to the highest since June Friday, leaving […]
$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 […]
FLASH: This a Special Report, looking ahead at this leg of the longest Bull run in market history The US Stock Market: The Bulls Vs The Bears Russell 2000 +16.4% YTD NAS Comp +12.6% YTD DJIA +11.0% YTD S&P 500 +10.7% YTD US stocks rallied late last week into options expiration, even as some analysts felt like they should […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The ‘smart money’ is still refusing to chase the US stock market rally. While US stocks kept moving North posting their best January in 30 years, hedge funds managers aka smart money, held their cautious stance, trimming Longs while boosting Bearish bets along the way. At the start of […]
FLASH: Speaker Pelosi (D:CA) Seeks Deal as Wall Deadline Nears Pesident Trump and House Speaker Nancy Pelosi struck starkly different tones in their border security standoff Wednesday, as President Trump planned a rally in a Texas border city he says exemplifies the need for a Wall and Mrs. Pelosi said she’d back any bi-partisan deal […]
$SPY The data reveals that hedge fund money has not been chasing the January late December – January rally in US stocks. It is on the sidelines. According to Macro Risk Advisors, these big-money managers are acting much more like it is the aftermath of the Y 2008 financial crisis than the relatively low-volatility environment […]
$GLD, $SLV, $USD There are Key elements set up to extend Gold’s from just after the Y 2008 global recession to the precious Yellow metals Y 2011 all time high, signalling a comeback this year. Gold Bugs are looking for a break out of its 5 year range, and technically it looks as though that […]
John Hussman, PhD, aka The Perma-Bear: “At its core, investment is about valuation. It’s about purchasing a stream of expected future cash flows at a price that’s low enough to result in desirable total returns, at an acceptable level of risk, as those cash flows are delivered over time. The central tools of investment analysis […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Chicago Fed President Charles Evans (FOMC voter) expects rate hikes to continue, adding that the Fed can show some patience before resuming rate hikes. Boston Fed President (FOMC voter) Eric Rosengren does not rule out changes to the pace of balance sheet reduction on a slowdown. Fed policymakers said last […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, The US stock market was primed to rebound, it rebounded. Earnings are just ahead and if stocks continue to the Northside as they have on this bounce then the lowered estimates might not be a plus. So, for now savvy players will be playing the bounce, because the selloff was […]
$SPY, $GLD Surprise, after all of the ‘bunk’ you have heard since early October, do not be shocked that there will be no additional Fed rate hikes, a 20% S&P 500 rally and no recession.. Byron Wein defines “surprise” as an event that the average investor would only assign a 33% chance of taking place […]
Professional Money Managers Prepare for 2019 Rally $DIA, $SPY, $QQQ, $RUTX, $VXX, $USD Bond and stock markets from the US to emerging markets all on pace to lose money this year, investors have not seen this much Red on their screens since Y 1972, the last time no asset class returned at least 5%. Yet […]
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 […]
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 […]
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. […]
Next Round of US China Tariffs on Hold Pending Settlement Talks at the G-20 $SPY China and the US are trying to reach a trade truce ahead of the G-20 meeting US stock rally on the news. US Trade Representative Robert Lighthizer has told some industry executives that another round of tariffs on Chinese imports […]
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 […]
US Stock Rise in Strong Rally, Chipmakers Lead $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the major US stock market indexes rose more than 1%, driven by strong gainers for chip and transport stocks, as investors took advantage of cheaper prices following the recent pullback. All 11 S&P 500 sectors ended in the Green a day […]
Protect Your Wealth in a Choppy Market $SPY Lots of retail participants have big, even huge gainers in this, the longest Bull run in history, and it is essential to know how to protect and grow that wealth like a professional does. That is why investors should be doing a few things to protect and […]
Street Analysts See Strong Rally Into Year’s End $DIA, $SPY, $QQQ, $RUTX, $VXX Stocks bounced and held after pulling back Wednesday and Thursday The CBOE Volatility Index (VIX) fell 14.3% Friday, retreating from its highest marks since February. Friday, Morgan Stanley strategists, whose warning about a “rolling Bear market” seemed to pay off this week after high […]
US Financial Market ‘Flushing’ Out Excesses Ahead of Santa Claus Rally $SPY, $QQQ, $VXX Investor Fear Can Only Mean Stocks Will Surge Even Higher The CBOE Volatility Index spiked to 25.57, its highest mark since February. Byron Wien predicts that the stock market will rally after the midterm elections The next recession is 3 or […]
Tesla (NASDAQ:TSLA) Technicals say, “Short Every Rally!” $TSLA Shares of Tesla (NASDAQ:TSLA) have been under heavy pressure since mid-August. After trading to all-time highs on 7 August at the 380 mark, TSLA has been hammered by about 20%, closing 300.99 Tuesday. While many times the sell-offs are viewed as buying opportunities, the recent behavior of […]
Broad Based Wall Street Rally Continues to Post Record Closes $DIA, $SPY, $QQQ,$RUTX, $VXX US and Mexico reached bi-lateral trade agreement; Canada will now join the discussions Buying momentum following new records for the S&P 500, NAS Comp, and Russell 2000 Cyclical sectors outperform; heavily-weighted financial group particularly strong Wall Street’s broad-based rally drove the […]
Bitcoin: the SEC’s ETF Decision Caps Price Gains $BTCUSD The US Securities and Exchange Commission (SEC) Wednesday rejected applications for 9 Bitcoin-based ETFs (exchange-traded funds) from 3 separate companies, stay tuned… Bitcoin’s (BTC) spiked to a 15-day high Wednesday, but caution ahead of the US Securities Exchange Commission’s (SEC) comming decision on a Bitcoin exchange-traded […]
DC Takes Precautions Ahead of ‘Unite the Right 2’ Rally Sunday Restaurants in downtown Washington, DC, are taking precautions for the “Unite the Right 2” White supremacist rally planned for Sunday, with some planning to close for the weekend and others educating their staffs on handling difficult customers. After last year’s event in Charlottesville, Virginia, […]
President Trump Hammers Mainstream Media as ‘Fake, Fake Disgusting News’ at Pennsylvania Rally President Donald Trump unleashed his grievances Thursday at a Pennsylvania campaign rally in which he cast journalists as his true political opponents. President Trump ‘barnstormed’ in a state that he took from the Democrats in Y 2016 and that is home to […]
President Trump, “ID Needed for Almost Everything, Why Not to Vote?” “The time has come for voter ID like everything else” US President Donald T rump said that people need to show ID to buy almost anything, and accused Democrats of obstructing his agenda and his Supreme Court nominee during a raucous rally aimed at bolstering […]
Bitcoin (BTCUSD) Technicals Point to a Rally $BTCUSD The DMI or Directional Movement Index, shows the direction of a price trend by charting the divergence between positive and negative marks. According to the indicator, Bitcoin is experiencing the largest divergence since the run-up from October to December of last year. The strength of this move […]
Bitcoin (BTCUSD) Breaking Round Number Resistances $BTCUSD Bitcoin’s technicals showed us that a bottom had formed, tested and setup for a FIBO price increase. Several technical analysts called out the rise because they saw a inverse head and shoulders pattern in its action. This pattern tells us the price of a security alternates between successive troughs […]
Bitcoin (BTCUSD)Building on Rally Heads to $8,000 $BTCUSD The digital currency rose 5% to around $7,700 Monday after breaking above the Psych mark $7,000 level for the 1st time in a month last Tuesday. Bitcoin pundits say news that BlackRock will look into cryptocurrencies and blockchain has helped prices, and investors are awaiting approval of […]
OPEC and Russia to Raise Crude Oil Output $OIL, $USO Saudi Arabia and Russia are discussing raising OPEC and non-OPEC Crude Oil production by some 1-M BPD. OPEC’s Chief said a complaint from US President Donald Trump over high prices triggered the plan to expand Crude Oil output. Riyadh and Moscow are prepared to ease […]
US Unemployment Lowest Since 2000, Market Rallies $DIA, $SPY, $QQQ, $VXX Friday, US President Donald Trump touted the nation’s low unemployment rating and hit out at the ongoing investigation into his campaign’s ties to Russia in a Tweet. The unemployment rate fell to 3.9% for the 1st time since Y 2000, according to the Department […]
Some say, “Ethereum (ETH) could hit $2,500 by year end” $ETHUSD The Big Q: Is Ether setup for a rally this year? Independent consultancy firm, deVere Group, said the price of the 2nd largest digital currency, Ether could be in for a record-setting year, predicting the price could rise 4X yet this year. “The price of […]
Big Tech Rallies, US Indexes Rise $DIA, $SPY, $QQQ, $VXX US stocks are rising Thursday as Facebook (NASDAQ:FB) led a big rally in technology. The social media platform rose on strong business in Q-1. Other big technology companies also moved higher, as did retailers. Chipotle Mexican Grill, Ford and Visa also rose after they gave […]
Bitcoin Rallied, Now Trading Above $8,000 Again $BTCUSD Post-US Tax Day Rally Underway The price of just 1 Bitcoin jumped back above $8,000 early Wednesday, erasing a Tuesday loss that saw the No. 1 digital currency shed $200 in 20 mins. Speculation is that that decline was the work of 1 or 2 large sellers, […]
Cryptocurrency Trading Spikes in Japan $BTCUSD Japan’s financial watchdog agency has released data about the crypto boom in the country for the 1st time ever. The report from Japan’s Financial Services Agency (FSA), translated by Coindesk, indicated that at least 3.5-M people were trading on 17 domestic exchanges as of end of March 2018, solidifying Japan’s position as […]
Bitcoin Breaks 50-Day MA for 1st Time Since January $BTCUSD Monday, Bitcoin Bulls may have seen the technical beak-out they have been looking for. The world’s biggest cryptocurrency by market value rose above its 50-Day MA for the 1st time since mid-January, up as much as 5.8% Monday, the most in 2 weeks. Currently, Bitcoin […]
IRS Taps Bitcoin Traders’ Exchange Data Pool $BTCUSD Coinbase Inc., an online exchanges for digital currencies, has warned thousands of its customers that it will be reporting their financial data to the US tax officials. The request was part of a probe by the Internal Revenue Service (IRS) into alleged tax evasion and advoidence. The […]
US Lawmakers See Value in Blockchain Tech and Cryptocurrencies $BTCUSD Tuesday, US lawmakers pressed the 2 Top US securities regulators on cryptocurrency, and now the approach is ‘do no harm’ to the digital currency market, and monitor the ICO market. With that, a new Rally lit up Currently, Bitcoin is trading at: 7,549.9951, +1,578.52, or +26.43%, […]
President Trump Declares ‘America First’ Stocks Surge $DIA, $SPY, $QQQ, $VXX, $FDX Traders buying momentum keep The Trump Rally going FLASH: Friday, FedEx Corp. (NYSE:FDX) is spending more than $3.2-B on wage increases, bonuses, pension funding and capital investment, due to The Trump Tax Reform signed into law in December. The S&P 500, the DJIA […]
Davos Report: President Trump Offers American “Friendship & Partnership” President Trump lauded investing in the US to international companies Buying momentum running high as investors look to keep The Trump Rally going Currently, the S&P 500 futures Vs fair value: +10.00. NAS Comp futures Vs fair value: +36.30. Friday, US President Donald Trump offered “America’s […]
The Trump Rally is the Longest in History, 396 Days Running $SPY Tuesday, US stocks advanced again, as strong results from Netflix helped lift the S&P 500, and NAS Comp, as the DJIA underperformed. The S&P 500 has reached a streak of 396 trading days without a 5% pullback. Netflix (NASDAQ:NFLX) touched a record high […]
President Trump Right to Take Credit for Booming US Stock Market $DIA, $SPY, $QQQ, $VXX US stocks climbed to new records for the 3rd session running Tuesday, as investors took in the latest batch of Q-4 earnings and celebrated the reopening of the federal government. Tuesday, Blackstone (NYSE:BX) CEO Steve Schwarzman says President Donald Trump […]
Trump Rallies into “The January Effect” for the 2nd Year Running $DIA, $SPY, $QQQ, $VXX The Trump ‘Santa Claus’ Rally started the day after Donal J. Trump was elected US President on 8 November 2016, ran throught Christmas 2016, through all of Y 2017, and is still going strong this year, into The January Effect. […]
DJIA Post 31%+ Gainer During President Trump’s 1st Year $DIA, $SPY The DJIA’s 31%+ gainer during the 1st year of Donald J. Trump’s Presidency is the best since FDR coming out of the Great Depression. The benchmark index has risen more than 31% since Trump’s Inauguration. The S&P 500 rallied 23% during President Trump’s 1st […]
Ferrari (NYSE:RACE) Stock Rallies to All-time Highs $RACE Aristocrat Ferrari is the far away leader of the world’s automotive sector. Ferrari (NYSE:RACE) has based in a classic cup formation and resumed its rally that began in mid-July 2016, HeffX-LTN target 200/share. Friday, shares in the Maranello outfit ended the session + 1.43 higher at 120.81, its all […]
US Stock Market Behind President Trump on Government Shutdown $DIA, $SPY, $QQQ, $VXX US stocks rose to new records Friday, as the pending government shutdown proved No Match for the New Year Extension of The Trump Rally. Trading ranges were pretty narrow for most of the day, but a late wave of buying has the […]
Strong Gold Rally Seen on China Demand and Bullish Options $GLD Gold’s rally eased a bit this week, but the look of both the physical and paper markets suggest it has got much more room to run. Chinese New Year buying and option prices suggest the stars are aligning for the metal to extend its […]
The Numbers That Support The Trump Stock Rally $SPY, $AMZN, $FB, $GOOGL, $MSFT Pundits and talking heads are suggesting worries of a ‘Blow Off” Top to the record-high stock market because equities are overpriced. But a close look finds that the market’s current value is not extreme. After a series of record-breaking closes for US stocks […]
DJIA Marks 26,000, Trump Rally Makes History $DIA, $SPY, $QQQ, $VXX Wall Street’s 3 major market indexes rose sharply Tuesday, with the DJIA hitting the 26,000 mark for the 1st time, as Q-4 earnings season opened in earnest. The DJIA broke above 26,000, the Key resistance, for the 1st time early in the session, paused and […]
The Trump Bull Market Rally ‘Rages’ $DIA, $SPY, $QQQ, $VXX Wall Street continued The Trump Rally Friday with record closing highs as Q-4 earnings season kicked off with solid results from banks and strong retail sales drove investor optimism about US economic growth. The S&P 500 is enjoying its best 10-day start to a year […]
The Trump Bull Market Extends, Wall Street at Record Highs $DIA, $SPY, $QQQ, $VXX Buy the dip mentality kicked in Thursday following the 1st dip of the year Wednesday; small caps, transports lead Bull Charge The Wall Street Bulls drove stocks to new highs Thursday as rising Crude Oil prices lifted energy stocks and upbeat […]
Trump Rally Extends, Wall Street Marks New Record Highs $DIA, $SPY, $QQQ, $VXX The Trump Rally extends into the New Year for a 6th straight session Economically, if there ever was an “insane” President it was Barack Hussein Obama, HeffX-LTN Industry Watch List Strong: Financials, Healthcare, Industrials Weak: Energy, Technology, Consumer Staples, Utilities, Telecom Services, Real Estate […]
US Stocks Post Record Highs, as Trump Rally Extends $DIA, $SPY, $QQQ, $VXX All 4 major US stock market indices finished at new all-time highs The S&P 500 Index surged past the 2,700-mark Wednesday and other major indexes hit record intra-day highs as technology stocks climbed on indications of strong economic growth in the US […]
Morning Briefing: Gold Defying the Market Experts $GLD Wall Street continues Short and caught short Gold as Y 2018 open the New Year’s trading. Gold continues to defy it critics rising 11.00 Friday to break the psych mark at 1300, and close on its highs near 1305.00. The new 3-month high represents a 70.00 rally […]
The Trump Stock Market Rally Defied the Naysayers in 2017 $DIA, $SPY, $QQQ, $VXX Year 2017 was full of surprises but market reactions defied conventional wisdom, leaving many a prognosticator 180 degrees out of phase.. Take the global economy; it was strong, yet bond yields went nowhere. NKorea threatened nuclear war, and volatility in US […]
Wall Street Sees Continuing Rise in 2018, Healthy 10-15% Correction Expected $DIA, $SPY, $QQQ, $VXX The Bull Market is on track to mark its 9th birthday on 9 March 2018, with the S&P 500 climbing 19.4% in Y 2017, its biggest run since 2013. The drop in the corporate tax rate in Y 2018, to […]
Expecting The Trump Stock Rally to Extend into the New Year $DIA, $SPY, $QQQ, $VXX UU stocks are expected to keep rising in Y 2018 because a massive drop in the corporate tax rate is seen boosting the economy and corporate profits The Bull Market is on track to mark its 9th birthday on 9 […]
President Trump’s Tax Reform to Drive Stock Market Higher $DIA, $SPY, $QQQ, $VXX The biggest reform of the US tax system in more than 30 years won final approval by lawmakers Wednesday, we expect it to drive a continuing rally in technology issues that has driven Wall Street to record highs this year. The Trump […]
US Would Be in Recession If Hillary Had Won Presidency $DIA, $SPY, $QQQ, $VXX Hedge fund manager Leon Cooperman contends that US would be mired in an economic recession today if Hillary Clinton had won the 2016 Presidential election. The nation is better off with President Donald Trump in the White House than it would […]
DJIA Post Another Record, Investors See Tax Cuts Ahead $DIA, $SPY, $QQQ, $VXX The DJIA marked aother record high Monday, with banks and retailers surging and tech falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts. The S&P 500 ended with a small loss after hitting an intra-day all-time […]
Equity Investors in ‘Risk On’ Mode for Fear of Missing Out $DIA, $SPY, $QQQ, $VXX Wall Street’s fear of missing out on this extending Trump Rally is “trumping” all if any political risk in Washington, DC. The countdown on the GOP’s efforts to cut corporate taxes has virtually ended, its a deal, now the risk […]
We Are Seeing Wall Street Rally Under President Trump $SPY Wall Street analysts are predicting another up year for the S&P 500 Index (SPY) It is worth taking notice what would be accomplished if that prediction happens. At 2,800, the average estimate of 9 strategists tracked points not only to another year of all-time highs, […]
US Stock Indexes Post Record Highs, Tech and Energy Outperform $DIA, $SPY, $QQQ, $VXX On this sleepy Friday The Trump Rally extended, as stocks set more records in post-Holiday trading as technology companies outperformed, and Energy companies rose with the price of Crude Oil. The Standard & Poor’s 500 index rose 5.34 points, or 0.2%, to […]
The Big Q: Will Bitcoin End this Year at $10,000? $BTCUSD Hedge fund manager Mike Novogratz, 52 anni, is starting a $500-M fund to invest in cryptocurrencies, and he says the Bitcoin rally still has legs. After surging more than 7X since December 2016, the largest digital currency will end the year at $10,000 from […]
The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar $DIA, $SPY, $QQQ, $VXX Just 1 year ago, when it was not clear that Republican Donald Trump had upset and defeated Democrat Hillary Clinton to the US Presidency, futures in the DJIA dove nearly 900 points. However, at the close of trading of that […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This is a big week for earnings, and last week earnings certainly aided the market action, as a lot of stocks that were set to move make their breaks North There were some big names in chips, software, even drugs were positive, so let positions run, pick […]
The Trump Rally is Almost 1 Year Old $DIA, $SPY, $QQQ, $VXX, $AAPL Friday, the US major stock market indexes finished the longest string of weekly gainers since Y 2013 as Apple Inc. (NASDAQ:AAPL) results and strong services sector data added to the continuing and growing optimism in the economy. US Dollar (.DXY) index rose, […]
US Major Stock Indexes Mark Record Highs Again Friday $DIA, $SPY, $QQQ, $VXX The 3 major Wall Street stock indexes came off their session lows in early afternoon trading Friday, as Apple (NASDAQ:AAPL) hit a record high on strong demand for its latest iPhone X and an upbeat Holiday sales forecast. The NAS Comp soared […]
Analyst Calling Bitcoin at $11,000 Each $BTCUSD, $GLD, $CME, $JPM Bullish analyst Ronnie Moas, who says Bitcoin’s market cap will 1 day catch up to Gold at $8-T, is raising his Y 2018 price target for the digital currency to $11,000 from $7,500. Currently Bitcoin is trading at $7,303.21 Vs the USD. “Every day more […]
DJIA Rises to Record Highs, S&P 500 & NAS Comp Lag $DIA, $SPY, $QQQ, $VXX Thursday, the DJIA climbed to record highs, while losses in Facebook (NASDAQ:FB) kept the S&P 500 and the NAS Comp flat. US investors are now seeing the tax cut plan unveiled by President Donald Trump and the GOP Congress. Market […]
Commentary: Paul Ebeling on Wall Street + DC Monday $DIA, $SPY, $QQQ, $VXX Big Deal…there was no market reaction to the Mueller story leaked to CNN Friday. Maybe Robert Mueller will be indicted, he was not. Paul Manafort and Rick Gates were, they surrendered voluntarily, were processed, arraigned, surrendered their passports, posted bonds, and when […]
The Trump Rally Extends Marking Another Record Close $DIA, $SPY, $QQQ, $VXX Investors bought the Dip DJIA outperforms Super earnings reports from Caterpillar (NYSE:CAT) and 3M (NYSE:MMM) The market’s rally to record highs since last year’s US Presidential election has the feeling of being risk-free, as the S&P 500 established a record of 243 trading […]
Financials, Tech Led US Market to Record Highs, Again $DIA, $SPY, $QQQ, $VXX Senate takes another step toward tax reform by passing budget blueprint Top-weighted financials and technology sectors show relative strength Technology and Financial stocks lifted Wall Street Friday, as investor optimism received a fresh boost from Washington, where The Trump Administration stepped closer […]
The $64-T Question, How Long Can This Bull Market Run $DIA, $GLD, $SLV, $VXX This week the DJIA a made a new all-time high, the 68th of the year, and in this Trump Rally there is no indication of a market correction to be seen on the horizon in the Dow Jones’ BEV chart below. The Dow […]
The Trump Rally Drives DJIA to Record 23,157.60 $DIA, $SPY, $QQQ, $VXX The DJIA marked 23,002 Tuesday intra-day, but closed just below the ’round’ mark. This latest 1,000-point increase was covered in half the time it took the index to move from 21,000 to 22,000. Wednesday, the US major stock market indexes finished at: DJIA +160.16 at 23157.60, […]
DJIA Marks 23,000 Intra-day as The Trump Rally Extends $DIA, $SPY, $QQQ, $VXX The Dow Jones Industrial Average (DJIA) broke above the 23,000 mark intra-day for the 1st time Tuesday, driven by strong earnings from UnitedHealth (NYSE:UHC) and Johnson & Johnson (NYSE:JNJ), finishing the session just below that milestone mark. The index, which surpassed similar […]
US Stocks Rise to Record Highs, as The Trump Rally Extends $DIA, $SPY, $QQQ, $VXX The US equity market started this week on a positive note as all 3 major indices: the S&P 500 (+0.2%), the NAS Comp (+0.3%), and the DJIA (+0.4%) finished Monday’s session at new record highs. MTD the S&P 500 holds […]
The Fed Wants to Take Credit for The Trump Rally $DIA, $SPY, $QQQ, $VXX President Donald Trump is given credit for record-high stock prices following his November election, now a new study published by the Fed suggests the central bank has played a role. Tax cuts were bad news for the stock market in the […]