The mainstream financial media love to tell you, “Bull markets don’t die of old age”. True enough. Indeed, the current uptrend remains a shining example of cyclical durability and persistence. For many, then, the fact that the stock bull has set
August 22, 2018
The FOMC statement for the July-August 2018 policy meeting exceeded expectations once more. It’s difficult for the Committee to continually do this since the whole point of these things is to downplay all expectations. The goal is to make everything
The September natural gas contract pulled back just less than a percent today as traders bet that very intense across much of the country next week was likely to break in the long-range. Weather was at the front of traders’
Record highs achieved in the US session and so expectedly the Asia markets responded. The Nikkei was the leader, but interestingly not from the open! It took a while for sentiment to build, but the weakness of the Yen probably
Sectors as a whole support the market’s move to new all-time highs. Outside of Energy and Materials, the sectors as a whole have shown some solid trend-lines and a willingness to push higher going forward. Overall the market looks to
Sectors as a whole support the market’s move to new all-time highs. Outside of Energy and Materials, the sectors as a whole have shown some solid trend-lines and a willingness to push higher going forward. Overall the market looks to
The 12-page minutes of the FOMC Aug 1 meeting discuss jobs, inflation, tariffs, GDP, and the overall economic outlook. Inquiring minds are slogging through Minutes of the Federal Open Market Committee July 31–August 1, 2018, released today. The report is mostly
Data Courtesy of Trade Alert
“At a late stage, speculation tends to detach itself from really valuable objects and turn to delusive ones.A larger and larger group of people seeks to become rich without a real understanding of the processes involved. Not surprisingly, swindlers and
Shares of auto parts manufacturers are lower after peer Continental (CTTAY ) reduced its fiscal 2018 sales and margin views. LOWERS GUIDANCE: Earlier Wednesday, Continental revised its guidance for FY18 due to lower sales expectations, cost increases, and warranty claims.
