Written by Forrest Crist-Ruiz
The S&P 500 (SPY) and the Nasdaq 100 (QQQ) both sit at highs, while the small-cap Russell 2000 (IWM) digests its recent breakout.
Triggered from Wednesday's bullish Fed meeting, the overall market has made a huge …
Written by Forrest Crist-Ruiz
The Fed has announced it will continue with its tapering plan.
However, the Fed will decrease bond-buying by 10 billion per month instead of the previously stated 15 billion.
As of now, the program is set …
Written by Forrest Crist-Ruiz
This Tuesday and Wednesday the Federal Reserve policy meeting will be held.
Investors are expecting to hear a tapering announcement involving the monthly bond-buying program.
This is the same program that has given the market its …
Written by Forrest Crist-Ruiz
Next week investors are expecting the Fed to announce a reduction in the monthly bond-buying program.
Jerome Powell – the Fed chair has previously stated that he’s looking to keep the original tapering schedule.
This means …
Written by Forrest Crist-Ruiz
Both the tech-heavy Nasdaq 100 (QQQ) and the S&P 500 (SPY) sit near their recent breakout levels.
This is a pivotal place for large-cap companies as the small-cap Russell 2000 (IWM) has already given up almost …
Written by Forrest Crist-Ruiz
Tuesday’s market shows mixed price action amid positive earnings reports and a 14% increase in home sales for September.
Focusing on the residential sector, many are looking for a top of the market as home sales …
Written by Forrest Crist-Ruiz
The Consumer Staples ETF (XLP) is known to be an area of focus through market downturns as it offers exposer to companies that are historically safety plays.
Some of XLP’s biggest holdings include companies such as …
Written by Forrest Crist-Ruiz
Friday, the chair of the Federal Reserve –Jerome Powell spooked the market when he announced that the Fed would keep rates near zero and continue with its tapering schedule.
Though the market cannot blame Powell for …
Written by Forrest Crist-Ruiz
Both the S&P 500 (SPY) and the Dow Jones (DIA) are poised to hit new highs, while the Nasdaq 100 (QQQ) and the small-cap index Russell 2000 (IWM) have a bit more territory to clear.
The …
Written by Forrest Crist-Ruiz
Netflix (NFLX) will report earnings after Tuesday’s market close.
Although previous earnings for the company have been dreary at best with an average earnings surprise of less than half a percent for the past three quarters, …