Fear is in the air again. Over the past few weeks, the S&P 500, Dow, and Russell 2000 have given back all of their gains on the year. Note: Index price returns, does not include dividends. Meanwhile, international indices have fared
October 25, 2018
The entire FANG space is plunging after-hours as AMZN and GOOGL revenues disappointed. Google parent Alphabet’s shares crashed over 7% after hours after missing revenue estimates… Despite reporting Q3 EPS of $13.06 (well above consensus $10.40), the company reported revenues of $27.2 billion, versus
Asia woke to the 600 point drop in the Dow and knew it was going to be tough going from the opening bell. The Nikkei probably took the brunt of the punishment falling almost 4%, but what was interesting was
The market expectations for weekly initial unemployment claims (from Econoday) were 208 K to 220 K (consensus 212,000), and the Department of Labor reported 215,000 new claims. The more important (because of the volatility in the weekly reported claims and
This morning, the Census Bureau posted the Advance Report on the latest Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation. Let’s now review Durable Goods data with two adjustments. In the
Video Length: 00:09:14 Major stocks such as AMZN, GOOGL, INTC, CMG, and others reported earnings today and share prices are rapidly moving after the close. In tonight’s video, Corey walks you through key levels, snap-reactions, and what to watch during
Video Length: 00:07:51
In Mountain View, just off the Shoreline exit and the Google campus, is a dive bar called the Sports Page. Now if you know anything about me, you understand that, first, I have absolutely no interest in sports, and second,
Today’s ECB press conference did not bring major news. The Governing Council refrained from providing fresh monetary signals and from tweaking the language of its policy guidance concerning policy rates, QE and the reinvestment strategy. The only dovish change to
Yesterday, I wrote a piece called “The #MAGA Stock Market Trendline Is Broken” in which I showed how the U.S. stock market’s sharp decline caused several major stock indices to break below their important uptrend lines that have formed in early-2016.
