We’re going to start with some of the more favorable market headlines before getting into why the Nasdaq is set to pullback significantly as indicated by the equity market futures. The more favorable headlines come from that which has created a major investor sentiment roadblock for several months now, trade tariffs and spats around the…
https://www.youtube.com/watch?v=Lgq-PRvSVYw...
Another rollercoaster ride on Wall Street yesterday and after the first of the major FAANG stocks reported earnings. Alphabet (GOOGL) reported earnings and revenues that beat analysts’ expectations by a wide margin, producing a rally on Wall Street. But by mid afternoon, the Nasdaq Composite Index, which hit a record earlier, pulled back from highs…
You’ve likely heard a great deal about the most crowded trade in the market, FAANG. With that you’ve probably also heard how as FAANG goes the market goes. These comments have turned into colloquialisms seeing how heavily weighted within many ETFs the FAANG stocks have become in recent years… and rightfully so! Rightfully so and…
By Max A. Cherney When Alphabet Inc. reports earnings Monday, the European Union’s $5.07 billion Android antitrust fine will ruin the company’s profit. The fine against Alphabet was formally announced last week and Google has said it plans to appeal the fine. However, the company disclosed in an SEC filing that it will account for the fine in…
For the week, the Dow eked out a gain of 0.2%, while the S&P rose less than 0.1%. The Nasdaq notched a decline of less than 0.1%, enough to halt a string of two straight weekly gains. A big nothing burger indeed! When it comes to the market and the bear vs. bull debate one…
It was a big “nothing burger” for investors in the equity markets last week, as by and large the major averages finished nearly flat on the week. For the week, the Dow eked out a gain of 0.2%, while the S&P rose less than 0.1%. The Nasdaq notched a decline of less than 0.1%, enough…...
https://www.youtube.com/watch?v=4vWxvcHbbv8...
There’s some good and bad residing within every trading day. Yesterday’s good news was the performance or rotation out of large and midcap stocks and back into small cap stocks as the Russell 2000 Index outperformed its larger peer indices. Rotation is a sign of a healthy market as it points to active market participation…
Barron’s: What’s the good word, if any, on the economy and the markets? Jeffrey Gundlach: We are more cautious about 2019 than about this year. We always start by asking whether a recession is coming. We have found about a dozen indicators to be helpful on a forward-looking basis. At the beginning of this year,…...
