Technical Market Recap With Wayne Nelson: 2/4/19
Please click the link to review the daily, technical market recap with Wayne Nelson! ...
Please click the link to review the video...
Please click the link to review the daily, technical market recap with Wayne Nelson! ...
There’s so much to discuss as it pertains to the current S&P 500 (SPX) rally and the Alphabet. No, not just Alphabet’s (GOOGL) earnings, but 3 letters of the Alphabet that serve as signal posts for the S&P 500: E-F-G baby!! E-arnings F-ederal Open Market Committee G-lobal Trade EFG will be the acronym of 2019…
In our weekend edition of Daily Technical Market Recap, Wayne discusses Friday’s market moves as well as what we might expect in the near-term from the various indexes and specific stocks. Another big earnings week is upon us with 100+ companies set to report. Please click the link to watch the video and enjoy the…
This has been one heck of a market rally, but it comes on the heels of one heck of a market drop late in 2018. And that’s the context we have to define and work with as we review the current state of the market and what drives the market going forward. From a pure…...
Wayne Nelson brings us his latest daily, technical market recap as Amazon delivers results that beat on top and bottom line, but revenue guidance disappoints. Please click the link to access the video. Don’t forget, Friday morning ahead of the opening bell is the all-important Nonfarm Payroll report. Like the latest Initial Jobless Claims, there…
Welcome to our latest State of the Market (SOTM). Please click the link to view the video. (58 minutes in duration) Outline: Introduction (0-3 minutes FOMC/Fed meeting, revert to data dependency, no rate hike, what was removed in statement, usual behavior of the Fed, market reaction to Fed, no catalyst for inflation via PCE Index…
U.S. Equity Strategy: Buybacks to Remain Strong Amidst Uncertainty Buybacks have been a key theme through this cycle with S&P 500 companies returning ~$5 trillion to shareholders since 2009 and contributing ~2% to annual EPS growth (S&P 500 divisor has fallen to 1999 levels, see Figure 30). Despite the recent market volatility, buyback activity has…...
The major averages were higher going into the Fed/FOMC rate decision announcement… and then they doubled their respective gains after the rate hike decision. The move in the market put an end to the Jerome Powell regime market trend of declines post the FOMC rate hike decision. What brought an end to this streak of…
In the evening’s technical market recap with Wayne Nelson, we discuss the Q1 2019 Apple earnings release and subsequent market reaction. In addition to looking at the market reaction to AAPL, Wayne discusses the outlook for the market, eyeing some key technical levels. Please click link to review video