After sideways action in the markets for the first two trading days of the week, the markets may have picked a direction on Wednesday, well at least for the Dow Jones Industrial Average. The Dow finished higher by .61% on Wednesday, but the Dow’s rally didn’t provide leadership as the S&P 500 rose a scant…
If you believe that markets follow earnings, that was made most clear by the global equity markets on Tuesday and as most major global equity markets rose on their respective trading sessions. It had been feared that the escalation of the U.S.-China trade spat would ignite greater fear amongst investors, but this didn’t prove to…
https://www.youtube.com/watch?v=PHe0bXAIuk0&feature=youtu.be...
The trade war takes center stage as global markets attempt to parse out the potential impact. But before we get to that I want to introduce the latest commentary from Jeffrey Gundlach. Gundlach is the founder and chief investment officer of DoubleLine Capital. He spoke via a webcast with investors on September 11, 2018. His…
Good Sunday morning to all Finom Group subscribers! This week’s research reporting is delivered to subscribers with an emphasis on monthly retail sales and the general dynamics surrounding our neutral risk rating for the S&P 500 (SPX) in September. S&P 500 Expected Move & Lacking Moves of 1% As depicted in the chart above, the…...
https://www.youtube.com/watch?v=JFe6_wFGUj4...
U.S. equities finished higher Thursday, as the S&P 500 extended its winning streak to a fourth straight session and with technology stocks showing improved performance. The Dow Jones Industrial Average advanced 147.07 points, or 0.6%, to end at 26,145.99, its first close above 26,000 this month. The S&P 500 rose 15.26 points, or 0.5%, to…
https://www.youtube.com/watch?v=9isIKbziMYs&feature=youtu.be...
The tech sector was hit, once again, quite hard in the early going hours of trading on Wednesday, but the sector rallied hard in the afternoon hours. In total, the trading days proved rather benign with the major averages finishing mixed. The S&P 500 index edged up 1.03 points to 2,888.92, less than 0.1%, and the…
With bearish sentiment kicking off the first week of September trading turning to positive sentiment on Tuesday, U.S. equity futures are attempting to carry forward positive momentum on Wednesday. All three major averages finished higher on Tuesday with the tech-heavy Nasdaq proving to be the outperformer, gaining .61% or 48 points ahead of the heavily…
