American consumers took an increasingly optimistic view of the economy in September, per a preliminary reading of consumer sentiment. The University of Michigan consumer sentiment index increased to a six-month high, nearing a 14-year peak and beating most estimates. A
September 17, 2018
Chinese Goods – Latest Tariff News President Trump told his aides to go ahead with the tariff on $200 billion worth of goods. Let’s be clear, these are tariffs on $200 billion worth of goods, not $200 billion in tariffs
Chinese Goods – Latest Tariff News President Trump told his aides to go ahead with the tariff on $200 billion worth of goods. Let’s be clear, these are tariffs on $200 billion worth of goods, not $200 billion in tariffs
Shares of cannabis stocks are in focus following a report that Coca-Cola (KO) is in talks with Aurora Cannabis (ACBFF) as it eyes the cannabis industry and an analyst note from Keybanc which said Shopify (SHOP) has cannabis potential. COCA-COLA
By Steven Levine Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the week beginning September 17.
After sliding 2% on the day ahead of an imminent announcement of $200BN in new China tariffs which would hit tech companies hard, Apple stock rebounded from session lows following a Bloomberg report that the Trump administration would spare a category of
The Empire State Manufacturing Survey index declined but remains in expansion. The key internals likewise declined but remains in expansion. Analyst Opinion of Empire State Manufacturing Survey I am not a fan of surveys – and this survey jumps around
We’ve been tracking the regular drumbeat of Brexit headlines and as we noted last week (see “GBP/USD Back Above 1.30 as Barnier says Brexit Deal “Realistic” in 6-8 Weeks” for more), the tone of the public comments has suggested that a deal
The good news is: All of the major indices are near their all-time highs. The Negatives The Hindenburg Omen was developed by Jim Miekka to identify a high likelihood for a bear market. It is triggered when NYSE new highs
When the herd thunders off the cliff, most participants are trapped in the stampede… One of the most perverse consequences of the central banks “saving the world” (i.e. saving banks and the super-wealthy) is the destruction of low-risk investments: we’re
