Welcome back to the markets and what promises to be a very light trading day. U.S. equity futures are pointing to another negative open on Wall Street after the Thanksgiving Day holiday. Wednesday proved to be another bearish day even with the Dow Jones Industrial Average (DJIA) and Nasdaq (NDX) finishing basically flat and the…
https://www.dropbox.com/s/8knri7f5uwsvvaj/GMT20181120-182033_Wayne-Nels_gallery_1600x800.mp4?dl=0
If you thought Monday was ugly for global equities, it didn’t get any better on Tuesday. U.S. equity indexes fell sharply, again, on Tuesday with the Dow Jones Industrial Average (DJIA) leading the way lower by 2.2 percent. The Dow was down more than 630 points intraday at its lows. The Nasdaq (NDX) fell 1.7%…
https://www.youtube.com/watch?v=ykNEjG-ctiU...
The market is definitively testing the resolve of long-term investors and has been since October you might say. Earnings are rising over 20% for 2018, sales are growing nearly double-digits and profit margins are at all time highs. But…the major averages are on the verge of turning negative for the year and with the Nasdaq…
Another roller coaster week in the markets has passed and with it dragging the major averages lower for the week. For the week, the Dow (DJIA) fell 2.2%, the S&P 500 (SPX) dropped 1.6%, while the Nasdaq (NDX) declined 2.2 percent. As depicted in the chart above, the S&P 500, along with its peer indices,…...
Right now, it just doesn’t matter how good the earnings are, as the bears have their paws on the sell button and the bulls are overly concerned with prospects for the economy in 2019. With that as the backdrop for the market, corporate earnings that find companies beating analyst estimates and raising guidance have still…
Although equity futures rose sharply on Wednesday morning and CPI data proved innocuous, those gains were quickly erased once Wall Street opened to greater volumes. We’ll get to the CPI data in a moment, but knowing those gains were quickly going to be erased didn’t demand a crystal ball, and we’ll show you why! The…
Entering the trading week we were forced to understand there would be an additional selling force in the market. We disseminated information over the weekend through our weekly research report that identified the culprit that would plague the market this week. “Finom Group urges investors to remain cautious as the current trading week may find…
By: TONYA GARCIA of MarketWatch Walmart Inc., which reports fiscal third-quarter earnings on Thursday before the bell, is bringing together a variety of services and shopping experiences to create a new kind of retail experience, analysts say. Cowen analysts, writing after last month’s investment community meeting, said the retail giant is using its scale, global growth…
