The Dow Jones Industrial Average (DJIA), boosted by shares of Apple Inc. (AAPL) was the only of the the 3 major indices finishing in the green on Monday. Investors are preparing for the potential move in markets that will come after the FOMC rate announcement on Wednesday afternoon. The Nasdaq (NDX) was led lower by…
The S&P 500 (SPX) spent the week rising, shy of a hick-up during the ECB rate announcement, and ended Friday with another record high. The index closed up 1.65% from last Friday, and up 20.7% YTD. All things S&P 500 For the second consecutive week, the S&P 500 managed to also breach and close beyond…...
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video . With the S&P 500 near all-time highs and having breached the 3,015-level, earnings season is now in full-swing and earnings are beating analysts’ estimates by a greater percentage than the historical average. The ECB held rates steady today, but signaled easing…...
It was a mixed bag of index performances on Wall Street Wednesday. And for a change, the political or above board macro nonsense didn’t seem to impact the major averages as much as presumed. While headlines from the DOJ investigation into Big Tech companies swirled and Facebook settled with the SEC investigation for a $5bn…
Please review our latest in a series of investor/analyst/advisor/wealth management interviews. David Model is an experienced investor and market researcher whom specializes in various sectors of the financial and economic system. His works in the fields of crypto currencies, precious metals, equity markets and the burgeoning cannabis space are unparalleled and found with numerous free…
What’s the difference between Monday’s modest rally in the S&P 500 and the nearly .70% or 20 point rally on Tuesday; reiterating and detailing the reasons for U.S. trade delegates traveling to China for trade talks. With Tuesday’s stronger rally, it represented the first trading day the S&P 500 moved .5% or greater in 12…
While no easing or resolution to the rising tensions between the U.S. and Iran have been revealed over the weekend, Wall Street found itself rebounding on Monday. The major indices followed the European indices higher on Monday and led by the Nasdaq (NDX), which was higher by .71 percent on the day. Without geopolitical relief,…
Even with better than expected earnings results from the big money center banks and early technology sector reporting, the major indices failed to make headway in the week that was. The S&P 500 (SPX) closed 1.23% below last Friday. Nonetheless, the benchmark index is still up 18.74% on the year. All Things S&P 500 And…...
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video . With the S&P 500 near all-time highs and having breach the 3,000+ level, earnings season is now in full-swing. Fed chairman Jerome Powell has indicated the FOMC is prepared and likely to cut rates most likely at the upcoming July…...
Equity markets took a deeper dive on Wednesday as earnings season rolled forward. Bank of America Merrill Lynch (BAC) shares finished with a gain Wednesday, as the bank lowered its full-year outlook for net interest income, but still expected growth in the face of anticipated interest rate cuts and slowing economic growth. The consumer and…
