$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the 3 major US stock market indexes posted record closing highs and the S&P 500 registered a 5th straight week of gainers as investors brushed aside worries over the progress of US-China trade talks and as Walt Disney shares rose. The Cboe volatility index .VIX posted its lowest closing […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA and S&P 500 notched record closing highs again Thursday, as President Trump continues to cheer as the market continues to charge higher into record territory. “Stock Markets (all three) hit another ALL TIME & HISTORIC HIGH yesterday! You are sooo lucky to have me as your President (just kidding!). […]
$DIA, $SPY, $QQQ, $VXX The stock market closed flat to little changed Wednesday, marking the 2nd straight day for the Bull’s pause to refresh near record highs. The S&P 500 (+0.1%), DJIA (unch), and NAS Comp (-0.3%) closed within 0.3% of their flat lines, the Russell 2000 (-0.6%) lagged. Wednesday, the DJIA -0.07 at 27492.60, NAS Comp -24.05 at 8410.63, S&P 500 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Donald Trump again cheered as all 3 of the major Wall Street’s indexes posted record closing highs Monday, extending a recent run of gainers, on prospects of a US-China trade deal and an improving US economy. It was the 2nd consecutive session of closing records for the S&P 500 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 trades at 17.3X forward 12-month earnings. That is a small premium to the 5-year average of 16.6X according to FactSet. It is an acceptable premium in light of where interest rates are. And it is not as rich as where things were at the start of Y […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 closed lower on trade concerns, but finished the month in the Green. Thursday, President Trump hammered the Fed and Chairman Powell in a Tweet, that despite interest rates dropping by another Quarter point. In a 2-part Tweet, President Trump argued that the Fed has placed the United States at a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 sets new intraday and closing records DJIA +132.66 at 27090.72, NAS Comp +82.87 at 8325.99, S&P 500 +16.87 at 3039.42 Volume: Trade on the NYSE came at 777-M/shares exchanged The S&P 500 set new record highs Monday, increasing 0.6% as trade sentiment remained upbeat and investors reacted positively to corporate news. The NAS Comp (+1.0%) and […]
$USD, $DIA, $SPY, $QQQ, $RUTX, $VXX The US Dem House’s impeachment focus is not even a distraction to the financial market, as nothing will or can come of it, as in the world of geopolitics something big happened at the weekend. Sunday, President Trump announced that Abu Bakr al-Baghdadi, the leader of the so-called Islamic […]
$DIA, $SPY, $QQQ, $RUTX, $VXX About 20% of S&P 500 members reported earnings this week, and on balance they have beaten expectations. That has persuaded investors US companies are weathering the trade storm and reminded them slowing global growth is not the same as no global growth, or Risk On! Stay tuned… The Big Qs: […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Week in Review: Cyclical sectors lead S&P 500 back to record levels in earnings-driven advance The S&P 500 advanced for the 3rd week running, rising 1.2% and nearly setting new record highs as investors remained pleased with earnings reports. The DJIA rose 0.7%, the NAS Comp rose 1.9%, and the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Saudi Aramco is exploring ways to reward loyal investors in its IPO (initial public offering) to ensure the record share sale is not followed by a wave of selling. One way that Aramco has discussed with Saudi regulators is whether it could offer bonus shares to retail stock buyers who […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 lost 0.4% Tuesday in a newsy session. Company-specific news contributed to outsized stock moves, but overall gainers in broader market had been nominal until a hiccup on the BREXIT issue dragged the major indices into the Red. The benchmark index closed at session lows below the 3000 […]
$SPY, $SPX, $DIA, $RUTX, $QQQ, $VXX S&P 500 finishes above 3000 Things Bulls dread this earnings season is that it become the scene of a big downward cut in next year’s estimates. It happened last year, helping foment the worst fourth quarter of the bull market. It is very early, but it is happening now. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stock market guru, Jim Cramer said President Trump has the upper hand in the China trade distpute because tariffs are hurting the Chinese economy way more than the US economy. “Hate him or like him, he has them where he wants them,” Mr. Cramer said on TV Friday. “I always […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks recover from oversold condition, soft data boosts rate-cut expectations. The recent ADP job numbers suggest that employers are either having difficulty filling positions, are hiring fewer people due to weaker demand, or both. The lowest manufacturing jobs gauge since Y 2016. Slower private hiring. A sharp drop in […]
$DIA, $SPY, $QQQ, $RUTX, $ESDAY, $VXX Wednesday’s US economic data included the ADP Employment Change report for September and the weekly MBA Mortgage Applications Index. The takeaways are as follows: Private-sector payrolls were estimated to have increased by 135,000 in September (consensus 150-K) while the prior month’s print was revised down to 157-K from 195,000. Private-sector […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, President Trump continued his attack on the Fed, and this time saying Chairman Powell and central bankers were “their own worst enemies” after a US manufacturing index posted the weakest monthly reading since the end of the last recession in Y 2009. “As I predicted, Jay Powell and the […]
$DIA, $SPY, $QQQ, $RUTX, $USD, $USO, $GLD, $XAU, $VXX US stocks advanced for the 3rd Quarter running, as investors weighed the latest turns in the trade dispute between the world’s 2 largest economies. The USD rose and Treasuries moved higher. Tech drove the rise after The Trump Administration partially refuted a report it would target […]
$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Investing in this market successfully requires the creation of an investing strategy that outperforms the broader market. Consider, Factor Investing, it is not new, dating to the mid-1970’s, and has been boosted over the past few years from the acceptance of ETFs. Now, there is over $900-B invested in […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, US financial markets suffered a trade-related happening on concern The Trump Administration may move to limit US investment in China, a move sure to raise tensions. The S&P 500 turned lower after it was reported that officials are discussing ways to restrict portfolio flows into the world’s 2nd-largest economy. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX At the close: DJIA -142.22 at 26807.77, NAS Comp -118.84 at 7993.62, S&P 500 -25.18 at 2966.64 US stocks fell Tuesday, as investors shunned risk following a decline in consumer confidence, and a hard-lined speech from President Trump. The S&P 500 (-0.8%) and DJIA (-0.5%) declined less than 1%, while the NAS Composite (-1.5%) and Russell […]
$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX SPECIAL REPORT: The Future of this Rally, what is Next? Thee DJIA futures are up a bit Sunday night, along with S&P 500 futures and NAS Comp futures. This stock market rally has stood negative headlines, but is not yet making a final push to record highs. Arguably, this […]
$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX This week the Fed cut interest rates for the 2nd time since the Great Recession, and found its hands full with another event with potentially catastrophic implications for the economy. In short, liquidity in the repo markets, a critical cog in the financial system machine seized Tuesday. In response, […]
$DIA, $QQQ, $SPY, RUTX, $VXX President Trump Tweeted: “Fed, Powell ‘Fail Again’”After FOMC Rate Cut The Fed cut interest rates for the 2nd time since July, and it was not enough for President Trump. President Trump assailed policy makers just mins after their decision Wednesday to cut the benchmark interest rate by 25 bts. “Jay […]
$DIA, $SPY, $QQQ, $RUTX, $$USO, $XAU, $GLD, $VXX S&P 500 closed higher in front of FOMC interest rate decision Wednesday 9 of the 11 S&P 500 sectors finished higher, led by the real estate (+1.4%), utilities (+0.9%), and materials (+0.7%) sectors. The energy (-1.5%) and industrials (-0.04%) sectors were the sectors to finish in the […]
$DIA, $SPY, $QQQ, $RUTX, $OIL, $USO, $VXX Wall Street closed lower, Crude Oil prices spiked after attack in Saudi Arabia The attack knocked about 5.7-M BPD out of production, leading to the biggest 1-day gainer in WTI Crude Oil ($62.88/bbl, +$8.00, +14.6%) since Y 2008. Saudi Arabia expected to restore about 33% of lost production […]
$DIA, $SPY, $QQQ, $RUTX, $VXX With US-China trade tensions having roiled financial markets, investors are counting on support for stocks coming from a Fed willing to keep cutting interest rates to help the US economy avoid a severe downturn. A 1/4th pt rate reduction is expected when the FOMC issues its next policy statement this […]
$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX US stocks extend rally on trade developments, ECB stimulus measures Tech gains led the S&P 500 and the NAS Comp higher, while financials gave the biggest boost to the blue-chip DJIA, which closed up for the 7th session running, its longest winning streak since May. Stocks rose worldwide as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street finished higher on the strength in growth and value stocks President Trump met with economic aides Wednesday to discuss the possibility of cutting the tax on capital gains by indexing them to inflation His advisers updated on the issue, and a final decision on whether to pursue the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 finishes higher as value stocks outperform Goldman Sach’s Private Wealth Management team has a simple firm message for its wealthy clients: stick with US equities. “As we have gone through various crises, we have still told clients to stay invested and not get out of US equities, it’s […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, the S&P 500 closed unchanged, as energy, financials outperformed US consumers’ inflation expectations declined in August and workers grew more pessimistic about their job situation, data from the New York Federal Reserve showed Monday, supporting the case for further interest rate cuts. The New York Fed’s monthly survey of consumer […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The stock market finished mixed Friday; the S&P 500 (+0.1%) and DJIA (+0.3%) closed just above unchanged, while the NAS Comp (-0.2%) and Russell 2000 (-0.4%) closed slightly lower. On Friday, Fed Chairman Jerome Powell said the most likely outlook for the US and world economy is continued moderate growth, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, US stocks spiked on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks in early October, while at the same time strong US economic data eased fears of a domestic slowdown. The ADP National Employment Report, considered a precursor to the Labor […]
$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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street’s Key stock indexes bounced Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay BREXIT provided some optimism to investors worried about global growth. The Fed’s September Beige Book described overall economic activity as expanding at a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX When stock markets declined in August, 1 group of investors showed unshakable confidence, Company insiders. So much that the buy-to-sell ratio of corporate executives in Europe reached its highest mark since December, according to data compiled by 2iQ Research. Such spike in the ratio, 3.3 in August is usually seen […]
$DIA, $SPY, $QQQ, $RUTX, $GLD, $SLV, $USD, $VXX FlASH: Global Market Uncertainty Means Precious Metals Will Continue To Rise This level of uncertainty in the global markets will prompt a massive move in the precious metals markets as traders and investors continue to put money into precious metals as a means to hedge against fear […]
$DIA, #SPY,, $QQQ, $RUTX, $VXX Wall Street posted mixed results on Friday on month end re-balancing ahead of a holiday weekend in which a fresh round of US tariffs on Chinese imports were set for levy. The DJIA .DJI rose 37.4 pts, or 0.14%, to 26,399.65, the S&P 500 .SPX gained 1.45 pts, or 0.05%, to 2,926.03 and the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised recession worries again, and uncertainty over the progress in trade negotiations between the United States and China. A deepening of the inversion in the yield curve between the 2-year and 10-year […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street began this week on higher note following President Trump’s trade comments Monday, President Trump scaled back a US-China trade dispute declared that the 2 sides will begin serious negotiations soon. President Trump said his trade negotiators had received 2 “very good calls” from China Sunday. “I think we’re […]
$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX Wall Street closed mixed following weak data, and 2 Fed commentors from Jackson Hole China bought a small volume of US soybean last week after pledging on 5 August to halt purchases of American farm products due to the escalating trade dispute, the US Department of Agriculture data showed […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 increased 0.8% on Wednesday in a broad-based advance. Upbeat results and reassuring guidance from Target and Lowe’s reinforced the notion that the US consumer is in good shape, while investors parsed the FOMC mins from the July meeting. The Dow Jones Industrial Average increased 0.9%, the Nasdaq Composite increased 0.9%, […]
$DIA, $SPY, QQQ, $RUTX, $VXX Recap: all 11 S&P 500 sectors finished in negative territory, with the financials (-1.4%), materials (-1.2%), and consumer staples (-1.2%) sectors losing over 1.0%. Stock investors who have been whipsawed for most of August can look forward to a reprieve in the next 2 weeks, a JPMorgan Chase & Co. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Goldman Sachs (NYSE:GS) investment management unit oversees about $1.7-T. and while it is still waiting for better entry levels to buy the dip, it continues to favor equities and credit over government bonds in a rejection of growing fears of an imminent recession. Goldie expects the Fed to lower rates […]
$DIA, $SPY, $QQQ, $RUTX, $VXX This week’s trade has been headlined by the yield-curve inversion theory, where the yield of shorter-dated debt rises above its longer-term counterpart. On Wednesday, the yield 10-yr T-Note rate briefly fell below the 2-year T-Note a condition that has sometimes been a recession indicator. The degree to which investors have crowded […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $XAU, $GLD The US stock market finished mixed Thursday, as investors weighed the resiliency of the US consumer Vs growth concerns. The S&P 500 (+0.3%) and DJIA(+0.4%) finished higher, while the NAS Comp (-0.1%) and Russell 2000 (-0.4%) finished lower. The overall uncertainty from the US-China trade dispute is high […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump targeted Fed policy as the reason for this recent market turmoil. In raising interest rates 4X last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs, President Trump tweeted. “Too bad, so much to gain on […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rallied Tuesday after the White House announced that it will delay the 10% tariff rate for some items imported from China until 15 December. President Trump told reporters he wanted to delay the tariffs so consumers would not be hurt during the Christmas shopping season and said he […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump blames the Fed for putting the US economy at risk while data shows an economy in “reasonably good” shape, as the Chairman of the central bank recently said. But,”reasonably good” is not what President Trump promised to deliver during his Y 2016 campaign, and at this point he […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market wrapped up a volatile week on a lower note, with the S&P 500 down 0.7% Friday. Every time in the past year that President Trump weighed in on the trade dispute the market reacted negatively then responded positively, and the rally extended, I do not expect […]
$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX The US stock market finished solidly in the Green Thursday, as trade anxiety subsided and investors embraced a risk-on mindset. The S&P 500 advanced 1.9%, which extended its 2-day bounce to 112 pts, or 4.0%, from its session low Wednesday. Thursday, President Trump again expressed dissatisfaction with USD’s strength, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump said Wednesday the Fed must cut rates “bigger and faster” for the United States to be competitive against other countries. “Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Notably, over this past year, each time there was a public dust-up between the US and Chinese on the trade issues the market reacted negatively, and then resumed the rally. Early Tuesday, President Trump dismissed concerns over a protracted trade war with China, saying the United States was “in a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FlASH: The implied likelihood for a 50-bpts rate cut at the September FOMC meeting climbed to 23.5% Vs 1.5%. Friday, according to the CME FedWatch Tool. Expectations for the Fed to step up its easing efforts amid increased risks to the economic outlook expounded the flight-to-safety in gold and US […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week the market was in consolidation mode and tested the 50-Day MA’s and bounced and… Employment report showed solid jobs growth in July Major averages found buying support at 50-Day MAs INDUSTRY WATCH Strong: Real Estate, Utilities, Consumer Staples Weak: Information Technology, Energy, Materials The CBOE Volatility Index has […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Employment report showed solid jobs growth in July Major averages found buying support at 50-Day MAs INDUSTRY WATCH Strong: Real Estate, Utilities, Consumer Staples Weak: Information Technology, Energy, Materials The CBOE Volatility Index has come down from prior levels. Currently, the VIX is up 0.7 pts, or 4.4%, to 18.61. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, President Trump said he may raise US tariffs on Chinese goods beyond 25% if trade negotiations with Beijing remain stalled. President Trump told reporters that the new 10% tariff he announced Thursday for $300-B in Chinese imports beginning 1 September will be imposed for a short term and could […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The FOMC cut interest rates as widely expected Wednesday, but Chairman Powell said he did not view the move as the start of a lengthy series of rate cuts. Fed Chairman Powell cited global weakness, trade tensions and a desire to boost too-low inflation in explaining the central bank’s decision […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Positive finish to a positive week. Again, the longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US Q-2 GDP higher than estimates on strong consumer spending as the ‘Tight’ Fed, China trade dispute lowed growth Friday, economist Stephen Moore said he is “relieved” that the economy is at 2.1% growth, but said the numbers are not where they should be because of several factors, including […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market indexes ended Thursday near session lows after spending the day in the Red. The DJIA (-0.5%) and S&P 500 (-0.5%) posted comparable losses while the NAS Comp(-1.0%) under-performed during the session. The top-weighted technology sector (-0.8%) was among Thursday’s weakest, while most of the remaining cyclical […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.5%) and NAS Comp (+0.9%) set new records highs on Wednesday, driven by big gainers in semiconductor stocks and by shares of companies that beat earnings estimates, the Russell 2000 rose 1.6%. The DJIA lost 0.3% on losses in Boeing (BA 361.43, -11.54, -3.1%) and Caterpillar (CAT 131.91, -6.19, -4.5%) following disappointing earnings […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Wall Street Liked the Trade News and Earnings Reports Moving this Market S&P 500 closes above 3000, boosted by encouraging trade news and positive earnings, guidance from widely-held companies High-level trade talks will reportedly continue in China next week from Monday to Wednesday 10 of 11 S&P 500 sectors […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 Information Technology sector (+1.2%) was Monday’s leader, led by shares of Apple (NASDAQ:AAPL) and semiconductor companies. The other 10 S&P 500 sectors hung near their unchanged marks. Apple outperformed after Morgan Stanley raised its price target to 247 from 231. The Philadelphia Semiconductor Index rose 2.0% following […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear is your friend, and you saw it […]
$SPY The US stock market finished lower last week on relatively low volume and volatility. Perhaps it was the pre-conceived negative earnings expectations due to reports released before the results season started that fueled the lackluster price action. Perhaps it was options expiration. Uncertainty over the size of the expected Fed rate cut at the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed’s Bullard: Rate Cut Will ‘Ratify’ What People Already Expect An interest rate cut may be necessary now, but that does not mean the Fed is on a path to dramatically lower rates, St. Louis Fed President James Bullard said Friday. Mr. Bullard, who argued unsuccessfully for such an […]
$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 […]
$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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear is your friend, and you saw […]
$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” […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 ended just in The Green Tuesday as gains in tech-related shares offset fresh worries about the impact of the US China trade dispute on earnings and the Fed on interest rates. USTR Lighthizer and Treasury Secretary Mnuchin spoke to China’s Vice Premier Liu He Tuesday. Market reaction […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: More than anything else, the longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear is your friend, […]
$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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The US stock market began the week higher. The S&P 500 gained 0.8% after being up 1.0% at the start while the tech-heavy NAS Comp rose 1.1% after starting the session with a 1.7% gainer. The US and China agreed Saturday to resume trade talks and President Trump also […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks and Gold rally finishing a super June as the market climbed a wall of worries. The stock market has rallied significantly over the past 6 months. The Big Q: Is this Bull Run sustainable? The stock market has rallied […]
$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 […]
$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 […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks and Gold rally hard finishing solid on Quad Witching on the Fed’s Dovish policy position declared Wednesday afternoon. We are in the 2nd longest Bull Market in history that began precisely at 1:00p ET on 9 March 2009, and according […]
$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 […]
$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 […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $XAU, $GLD, $RUTX, $VXX FLASH: Last week we saw Wall Street stocks consolidate on light volume and the Fed signaled ‘Got Gold’ Mr. Market started seriously pricing in the possibility of interest rate cuts. To be fair, the signal came from the Top of the economic politburo that matters that being […]
$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 […]
$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, $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 […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: White House economic adviser Larry Kudlow predicts the US economy will maintain 3% pace without a China trade deal. “The US economy is very strong, I think we are in pretty good shape and I think we’ll maintain a 3% growth pace this year,” said Mr. Kudlow, who […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Last week we saw the best market week YTD This is another important week on Wall Street, after last week of released negativity, we will see how much power is left. The pattern suggest a roll over in here, but the Fed could/can/will change that. Expect Fed speakers to […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: US stocks rallied for a 4th day running after weak NFPs data added to bets the Fed will cut rates. US Treasury yields and the USD fell. The S&P 500 Index had its best week since November 2018 on speculation the Fed will move to shore up the […]
$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 […]
$DIA,$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 […]
$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 […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Friday saw S&P 500 and NAS break. Already Bearish in the rollovers, Friday they gapped below the 200-Day SMA. Broke the neckline in the head and shoulders Wednesday, held the 200-Day SMA that session and Thursday, ready to bounce. Then the next bad news and the 200-Day SMA […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: 2 prominent Fed watchers said they now expect the central bank to cut interest rates this year as policy makers react to a darkening economic outlook. JPMorgan Chase & Co. (NYSE:JPM) chief US economist Michael Feroli and former Fed Governor Laurence Meyer both said the Fed will act […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: The S&P 500 reclaimed its 200-Day MA (2776) after falling below the Key technical mark during the day and bouncing Wednesday US stocks declined Wednesday, with the S&P 500 and NAS Comp closing just above Key support marks, as worries that a lengthy US-China trade war would crimp […]
$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 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: World stock markets were subdued as the US and UK exchanges were shuttered for national holidays. DJIA futures rose Monday night, along with S&P 500 futures and NAS futures. President Trump said Monday that Beijing “would like to make a deal,” but “we’re not ready” for a China trade […]
$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 […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX Stocks drop sharply amid trade tensions, growth concerns, Crude Oil prices drop; weakness in the S&P 500 energy sector, Flight to safety in US Treasuries; 10-yr yield hits lowest mark YTD. US factory activity took a hit this month as the tariff war with China and an overhang of […]
$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 […]
$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 […]
