September 20, 2015
The Fed decision delivered the ‘sell the news’ action, while Friday followed through on this reversal. With earlier consolidation breakouts now fading to ‘bull traps’ the scene is set for further selling in the early part of next week. On
To say that Amazon.com (NASDAQ: AMZNAmazon.com (NASDAQ: has been one of the better performing stocks of 2015 would be an understatement. Just when everyone thinks they have the company figured out, Bezos and company rewrite the rulebook. The stock hasn’t been “cheap”
Several days before Thursday’s FOMC meeting, we asked rhetorically whether “Yellen is about to shock everyone”, and lo and behold: everyone was quite “shocked” when instead of a hawkish hold or a dovish hike, Yellen proceeded with the loosest possible
A combination of improving domestic economic fundamentals and low energy costs continues to benefit the restaurant space. But the coast isn’t entirely clear either. Commodity Cost and Other Costs Drag Down Margins: Food costs account for about one-third of restaurant costs,
Just a quick update this week. It looks like the market is going lower again. On Friday momentum and sentiment calculated from the Twitter stream for the S&P 500 Index (SPX) printed a -21. Readings more extreme than -20 near
Something strange is happening in the banking business. In theory, a low interest rate environment is generally good for banks because it allows them to borrow at, say, zero and lend to auto or home buyers at considerably more, making
Health care services stocks have outperformed the broad market since 2014. Mutual funds and ETFs focusing on health care services Fidelity Select Medical Delivery Portfolio (FSHCX), iShares U.S. Healthcare Providers (IHF), and SPDR S&P Health Care Services (XHS) have risen
GOLD: The commodity triggered a recovery the past week to close higher suggesting further upside. However, we may see a move lower while the 1147.87 level continues to hold as resistance. On the downside, support comes in at the 1127.00
In an effort to convince the market that rate hikes are coming, an amusing parade of Fed parrots squawked in full force over the weekend, within an hour or so of each other. St. Louis Fed President James Bullard Bullard
