After strong reports from the likes of CSX and Morgan Stanley, equities largely rose in yesterday’s trading session. The Dow Jones Industrial Average advanced by 79.40 points, or 0.3%, to 25,199.29, with the blue-chip gauge’s fifth positive session marking its longest winning period since the eight-day period ended May 14, 2018. The Nasdaq was the only…
After a rough open for the tech-heavy Nasdaq and usually supportive FAANG stocks, the market quickly rebounded intraday. All major averages, on the heels of a worse than expected Netflix subscriber addition number and share price plunge near 12% overnight, finished higher on the day. What may be even more remarkable than the intraday reversal…
At some point, and we don’t know when, the geopolitical risks will weigh more heavily on investor sentiment than they seem to be weighing at present. But until that point… It was the press conference that was heard around the world yesterday between President Donald Trump and Vladimer Putin. The conference has drawn criticism from…
We have a busy reporting week, with more than 170 companies coming out with quarterly results, including 60 S&P 500 companies. The following graphic identifies some of the key reports due out this week by date. Stocks posted strong gains last week, with the Dow, S&P 500 and Nasdaq all rising more than 1.5…
Last week, the Q2 2018 reporting cycle kicked-off with some of the big banks reporting quarterly results. JP Morgan Chase (JPM), Wells Fargo (WFC) and PNC Financial reported results. JP Morgan’s report was quite strong, but failed to find the stock gain any traction with the entire sector falling once again. We now have Q2 results from 4…...
https://www.youtube.com/watch?v=vNO-TTgv1a4...
As has been the case for much of the year, what goes down, must bounce upward. That’s exactly what happened on Wednesday with the major averages dropping sharply and bouncing higher on Thursday. The rollercoaster ride has been nothing short of spectacular with investors along for the ride. One might think the various ups and…
What Makes A Great Investor? Posted on July 12, 2018 by Andrew Thrasher, CMT There are many ideas to what makes a “great” investor. Different qualities exemplify themselves in different market climates as we’re always being tested from different angles. Whether it’s our Commander and Chief firing up his Twitter app one morning, a break…...
Investors bore the brunt of President Trump’s announced $200bn trade tariffs on China, set to go into affect as early as September and after a review period. All three major indices fell on the day, but outperformed their global equity market peers by falling less than 1% across the board. Although China has vowed to…
Here we go again with tariff headlines front and center. The Trump administration on Tuesday evening released a list of 10% tariffs on $200 billion in Chinese goods, broadening trade war conditions with Beijing. The tariffs will not go into effect immediately but will undergo a two-month review process, with hearings Aug. 20-23. Immediately after the news…
