Tons of News!! // China Phase One // Brexit //Impeachment
China – Phase One After the turn of the New Year, the US and China are expected to sign “Phase One” of a new trade deal. While there are many details yet to be learned, we now know that the new round of consumer oriented tariffs that were to go into place yesterday, 12/15, are […]
Jobs Report Leaves Markets Flat Last Week & December 15 Tariffs?
Jobs, Jobs, Jobs! Last Friday’s job report showed the US adding 266,000 jobs in November, bolstered by the return of formerly striking GM employees. The prior 2 months were revised adding an additional 41,000 jobs. The unemployment rate came in at 3.5%, which is an absolute WOW!!!!!! No wonder why restaurants, stores and the roads […]
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 Hopeful of Trade Deal! & SS COLA Announced!
Markets Hopeful of Trade Deal! Stock Markets rose late last week after news broke that trade negotiations are moving along in a positive manner! The results so far, appear to be the US has suspended a tariff increase to 30% from 25% on at least $250 billion in Chinese goods that was to take effect […]
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 […]
