On Wednesday, and heading into the FOMC rate announcement, the S&P 500 (SPX) was near its high of the session. Once the press conference commenced, however, the mood on Wall Street shifted and equities fell along with bond yields. As FOMC chairman Jerome Powell discussed a desire for the Fed’s price stability/inflation mandate to find…
Apple Supply Chain Braces for Disruption From Coronavirus By Mark Gurman and Debby WuJanuary 28, 2020, 12:01 AM EST Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths. Virtually all of the…
Pretty much what we expected from the market on Monday, pretty much what we expected. In our weekly Research Report, Finom Group alerted subscribers to the likelihood of markets continuing their retreat from last Friday. We actually considered the selling pressure would worsen given the market’s ability to finally secure an excuse for which to…
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. The potential beginnings of a market pullback are afoot with the S&P 500 falling roughly 1% this week. We all know that when valuations stretch too far beyond their historic average, unkind things tend to take place…
In a holiday shortened trading week, investors began trading with markets under pressure Tuesday, ahead of quarterly reports from the likes of Netflix (NFLX) and IBM (IBM). When it was all said and done for Tuesday’s session, the Dow Jones Industrial Average (DJIA) fell some .52% with Boeing (BA) announcing that it doesn’t expect regulators…
It was another strong week for the major averages. The S&P 500 (SPX) closed the second week of 2020 with another record high, closing at 3329.62. The index is up 3.06% already YTD and up 1.97% from last Friday. Thus far, for 3 consecutive years January has started off rather strongly. Of course, the strong…
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In 2020, markets continue there seemingly endless melt-up. We all know that when valuations stretch too far beyond their historic average, unkind things tend to take place in the market. As it was in the previous week,…
Was the phase-1 U.S./China deal a good deal or a bad deal? Mr. Market hasn’t cared about a deal through all of 2019, which gets overlooked by a great many investors/traders. The main consideration throughout the escalated trade tensions between the 2 economic superpowers has always been… escalation, more tariffs. Anything that would bring about…
If you thought markets were still frothy heading into the first trading day of the week, that sentiment only grew on Monday as the S&P 500 found itself with yet another record-level high and closing high of 3,288.13. U.S. equity markets bucked the rough European trading session and appears to be “going it alone” in…
As we journey forward, into another trading week ahead, we encourage investors to digest one simple truth when it comes to markets and investing: “Intelligent investors understand the importance of planning for a wide range of outcomes by thinking in terms of probabilities, accepting and understanding that they will be wrong from time to time.…
