In this week’s research report we are going to cover a few topics. The first topic centers on the all-too important economic data. The next topic will focus on the coming week’s data. We’ll conclude with an overview of S&P 500 earnings as we kick off earnings season at the end of the coming week.…...
It was a strong showing for Wall Street yesterday and ahead of what is being called the launch of the largest economic trade war in history. The characterization was spirited overnight as tariffs went into place from both the United States and China on respective exports. Investors largely ignored the long since telegraphed tariff implementation…
https://www.youtube.com/watch?v=9LwEcT9IZSU...
Although it was only a one-day layoff with the markets closed for the 4th of July, it seems like headlines continued to roll in regarding global trade. The most significant or positive headline may have come out of the European Union. European officials are considering holding talks on a tariff-cutting deal between the world’s largest…
Let’s keep this short, but sweet and hopefully the market will perform in kind today. Yesterday was quite the roller coaster ride as the Dow opened sharply lower by roughly 200 points, carrying its peer indices lower. But as the day progressed, the market achieved the most probable outcome, which would be to finish in…
In the latest week, the Dow fell 0.6%, the S&P lost 0.7% and the Nasdaq fell 2 percent. For the month of June, the Dow rose 0.1% while the S&P added 1.1% and the Nasdaq rose 1.3 percent. In the second quarter, the Dow gained 1.4%, the S&P was up 3.6%, and the Nasdaq gained…
In the latest week, the Dow fell 0.6%, the S&P lost 0.7% and the Nasdaq fell 2 percent. For the month of June, the Dow rose 0.1% while the S&P added 1.1% and the Nasdaq rose 1.3 percent. In the second quarter, the Dow gained 1.4%, the S&P was up 3.6%, and the Nasdaq gained…...
We’ve reached the end of the week and what a week it has been. A couple of overextended streaks came to an end during the trading week, including a Dow and Financials Select Spiders ETF (XLF) losing streak. In our daily market dispatch yesterday morning, we discussed the potential for XLF going forward. “While the…
Wall Street was looking dicey prior to the market’s open yesterday until the White House validated its trading approach with China. Oddly, the details surrounding the Trump administration’s approach were released on Tuesday, but with no positive market reaction like that in the pre-market hours Wednesday. The following details were released Tuesday afternoon and as…
When China sneezes, the global markets may catch a cold! The benchmark Shanghai composite closed officially in bear market territory on Tuesday. The smaller Shenzhen composite moved into bear market territory in February this year. The Shanghai and Shenzhen composites were down around 22% and 26%, respectively, from their 52-week highs. Among the factors weighing on the…
