While the U.S. Government is shutdown, corporate earnings will still continue to roll in as the tech sector begins reporting this week. Later in this report, we will discuss one of the most famed tech sector companies reporting on Monday after the closing bell, Netflix Incorporated. Month-to-date through Jan. 18, 2018, the S&P 500 is…
While the U.S. Government is shutdown, corporate earnings will still continue to roll in as the tech sector begins reporting this week. Later in this report, we will discuss one of the most famed tech sector companies reporting on Monday after the closing bell, Netflix Incorporated. Month-to-date through Jan. 18, 2018, the S&P 500 is…...
With the trading week completed and encapsulated by the fear & loathing of a potential government shutdown, many were not surprised that the spending bill passed by the House was not further passed by the Senate late last night. In the 11th hour as it is called, the Senate could not agree to pass the…
Even with the U.S. House of Representatives passing a one-month bill to fund the government, there remains speculation regarding a government shutdown, as the Senate must also pass the bill. Many are of the belief that Senate passage is possible at present and there will be much discussion on the subject with only 18 hours…
...
Up 300+ points, down roughly 100 points as the Dow Jones Industrial average rose yesterday only to give back small gains. The Dow Jones Industrial Average declined by 97 points to 26,018 after rising at the open to a fresh intraday high. The S&P 500 dropped 0.16% and the Nasdaq fell 0.033 percent. What is…
It’s Thursday January 18, 2018 and we are just shy of hitting the debt ceiling and in need of resolution and an agreement from the Federal government. Republican leaders are scheduled to bring forward a short-term spending bill to keep the government running through mid-February, The Wall Street Journal reported. The uncertainty surrounding a resolution to…
Last Friday, December 2017 monthly retail sales were reported. The Commerce Department said on Friday that retail sales rose 0.4% last month. Data for November was revised to show sales gaining 0.9% instead of the previously reported 0.8% increase. Retail sales in December rose 5.4% from a year ago. Excluding automobiles, gasoline, building materials and…
The Dow Jones industrial average e-mini futures were up nearly 1%, or 243 points, ahead of the U.S. markets opening for trading Tuesday morning. The move puts DJIA squarely in the cross hairs of achieving Dow 26,000 in a most remarkable fashion and speed. Some of the most recent market rally can be attributed to…
What a week it was for the major averages. The meteoric rise would almost have to find perma-bears and “top callers” in dismay had they not left long positions in play until the markets showed actual signs of resistance and subsequent declines. The Dow Jones Industrial Average climbed 4.4% and the S&P 500 has rallied…
