The good news is: All of the major indices closed at all-time highs last Wednesday or Thursday. The Negatives New highs continued their failure to confirm the index highs. The first chart covers the past 6 months showing the Nasdaq
July 22, 2017
The second-quarter reporting cycle has begun and 54 S&P 500 members, representing 16.9% of the index’s total market capitalization, have already reported their results. Per the latest Earnings Trends, total earnings of these companies are up 11.9% on a year-over-year basis
Fundamental Forecast for GBP: Bearish GBP/USD Below 1.3000 As Talks End with Little Progress. GBP/USD Technical Analysis: Back to 1.3000, Now What? As we came into this week, there were very legitimate bullish prospects for the British Pound, and this wasn’t
As a follow-up to our article on New Residential at the beginning of this week, this article takes a deep dive into a variety of big risks as well as reasons to be optimistic (and we’re not only talking about the big
One factor utilized in uncovering potential investment opportunities is to evaluate companies and sectors that are projected to generate strong earnings and cash flow growth over the course of the next year or more. The risk associated with simply reviewing
Keeping a ‘bid’ under the market is what traders are now focusing on; as expiration is out of the way and nobody knows how to weigh prospects for a healthcare bill being passed by the Senate in the week ahead.
The clear and present danger headed into this week was Mario Draghi and the extent to which he would get it “wrong” with the messaging and “inadvertently” catalyze a continuation of the rates mini-tantrum we saw in the wake of
In the wake of their embarrassing electoral defeat in November, Congressional Democrats are turning against the wealthy tech benefactors who bankroll their campaigns. To wit, a group of 12 Democratic Congressman have signed a letter urging the Department of Justice and
Earnings reports are front and center this week, with more than 800 companies coming out with quarterly results, including 183 S&P 500 members. With results from 97 S&P 500 members already out, as of Friday, July 21st, we will have
Stocks end the week on a quiet note as they rallied up to the upper weekly expected move in the Nasdaq and S&P 500. In this weekend’s crucial market update video we look in-depth at the historical record low volatility.
