August is typically a lesser performing month for the S&P 500, only to be outdone by September. September is historically the worst performing month of the year for the stock market. August is also, historically, the most volatile month of the year with September following suit to a lesser degree. For the aforementioned reasons, the…...
As U.S./China talks were being held during the day in Washington, investors were found less optimistic about these talks and with the major averages all falling on the trading day. The Dow lost .3% on the day while the S&P 500 and Nasdaq lost .17% and .13% respectively. Volatility was slightly higher in a back…
It’s August 23rd, which means its tariff implementation day between the U.S. and China. A fresh bout of U.S. tariffs on $16 billion worth of Chinese imports commenced on Thursday, prompting Beijing to retaliate with its own tariffs on American goods worth the equivalent. The latest trade escalation comes as officials from the world’s two largest economies meet for…
Bear with us…! Asian equity markets had the first opportunity to react to headlines from the United States whereby two of President Donald Trump’s confidants and one-time employees will be sentenced for crimes. While most major Asian markets finished higher overnight and European markets are flat to slightly higher in the early hours on Wednesday,…
https://www.youtube.com/watch?v=8TFK2hO3pM4...
How long is this bull market and where did it begin? This or these questions have given investors a great deal to consider since the media is hyping the longevity of the current bull market. Most media and market analyst types are outlining that “the bull market in U.S. stocks will on Aug. 22 become…
When it was all said and done for the week, the S&P 500 ended up 0.59% from last Friday and closed the day 0.79% below its record high. The index is up 5.72% YTD (as of Jan. 1), finishing higher in 6 out of the last 7 weeks. This week has an-expected move at $34…
The chart below identifies the S&P 500 (SPX) movement through the trading week that was. And it was quite the roller coaster trading week with wild swings up and down. The major piece of headline making news that ultimately spirited the S&P 500 higher for the week came from the White House. Headlines offered that…...
https://www.youtube.com/watch?v=68hvPmzPIes...
Two of the most critical economic data points have shown that the economy is continuing to show improvement. The U.S. is a consumer driven economy and as such labor and employment remains atop the economic indicator reports for Finom Group. Initial jobless claims were released yesterday and as they are every Thursday. Initial jobless claims…
