Happy Thanksgiving! Market Rise Pauses Last Week
I would like to wish all of you a Wonderful Thanksgiving Holiday! No matter what is going on your world, I’m confident all of us have much to be thankful. I’m personally thankful for much, as I’m fortunate to have a wonderful family, including my mom, my daughter, son-in-law and 3 cousins and several nieces. […]
Equities Continue to Melt Higher… and What Happens If We Get A Trade Deal?
No surprise hear, that with the talk of a possible trade deal, markets continue to rise. For the week, the Dow Jones Industrial Average moved higher by 1.24%, the S&P 500 .94%. The Nasdaq Composite increased .77% however the small cap Russell 2000 took a small step back, down .10%. Over the pond, stocks didn’t […]
Market Banking on a Trade Deal & Medicare Part B – 6.7% Premium Hike!
The US Stock Market continues to melt higher anticipating a Phase 1 Trade Deal with China. As we are unaware of the details, the market is anticipating with a trade deal, Corporate America will get off the sidelines and Corporate Earnings will again re-ignite. Argus research has reported that the overall decline in 3rd quarter […]
Fed/GDP/Jobs/Earnings – All Viewed Positive!!
Last week I wrote “A lot of stuff this week”. Yes, it was a busy week! The Federal Reserve lowered rates as expected by 25 basis points. This is the 3rd rate cut in 4 months. Many are now speculating the Federal Reserve will be on hold until after the election unless the economic data […]
LOTS GOING ON! Earnings/The Fed/Jobs/China/Brexit
A lot of STUFF this week! Over 150 S&P 500 companies report earnings this week, including Apple. The Federal Reserve is widely expected to cut rates for the third time this year. The China trade negotiations are being perceived positive by the markets and the Friday Jobs report will be forgiven no matter what the […]
2 Big Weeks of Corporate Earnings / Feels Great to be PROUD!
2 Big Weeks of Corporate Earnings 73 S&P 500 companies have reported 3rd quarter earnings with 84% beating consensus expectations. This week we’ll hear from 125 S&P 500 companies, with 46 on Thursday. Amazon reports on Thursday which will give us an indication of how consumers are spending. The week following is actually the week […]
Markets Down for 3rd Week & US Manufacturing Data
Markets Down for 3rd Week Last week brought in a bit of volatility as the 2nd straight month of a weak Manufacturing report sent the S&P 500 down 3% between last Tuesday and Wednesday. The market was mostly saved for the week when last Friday’s employment data was weaker than expected, however that made market […]
Markets Snap 3-Week Win Streak on Meeting Cancellation & Oil Prices Spike 15% in 1 Day!
China Cancels Meeting Sends Stocks Lower It appeared the markets were going to close flat for the week after last Thursday, which would have been a positive after 3 weeks of gains. Last Friday, China was all set to meet with farmers in Montana and Nebraska and then decided to cancel… sending stocks down for […]
Stocks Surge Last Week! But Who Attacked the Oil??!
Stocks Surge Last Week! All equity boats rose last week. China and the United States made a couple of concessions on the trade war front. China waived tariffs on some U.S. Agricultural goods, while the United States delayed implementation of new tariffs by two weeks. This news all by itself helped fuel the markets last […]
