Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA $SPY $QQQ $RUTX $IRJ $XLF $VXX Bulls believe in this recovery, drive Bears back, as the market rallies with each sign of economic recovery. Recall the Bears growled alarms about putting faith in the Fed and chasing shares whose valuations swelled to a 20-yr high. Last Week’s Action Friday’s NFPs jobs report says the resilience reflects not […]

Trump Victory Augurs US Banks Enhanced Profitably

Trump Victory Augurs US Banks Enhanced Profitably

Trump Victory Augurs US Banks Enhanced Profitably $XLF US President Elect Donald Trump has greatly enhanced the outlook for US bank profitability, as he is laying the foundation for a steeper yield curve and financial deregulation. Recognizing this, investors are acting with record 1-day inflows of more than $2.1-B into the Financial Select Sector exchange […]