The NASDAQ 100 (QQQ) melted up +1.7% this week, and almost +3% on Friday, led by FANG stocks. This made up for some recently lost ground on a relative basis with all the other key indexes. This action put semi-conductors …
I know this is getting boring, but equities hit new highs yet again with Big Cap Value stocks leading the charge up +1.9% for the week. Thank you, IBM.
However, just when you may be thinking it’s just another strong …
This week, most key US Equities indexes hit new highs again, with the Dow industrials leading +.52 %. This upcoming week marks the 30-year anniversary of the great market meltdown or the crash of 1987.
October, although generally a good …
Equity markets continued to run up to all-time highs up on average another + 1.5% for the week. All this despite multiple hurricanes, geo-political uncertainty, an unconventional presidency, and mass murder.
Attribute this to an economy that has received its …
The Trump administration pivoted away from another failed attempt at repealing the Affordable Care Act (Obamacare) and moved on to the next big item on its agenda, tax reform. Markets have started moving ahead of anything formal being agreed upon …
Equity markets continued their spiral up with three of the four key US market indexes hitting new highs. Even better news, is the rally is contagious with foreign equities outperforming, led by Emerging Markets. Cash levels are high globally and …
As if dealing with Harvey wasn’t enough, Hurricane Irma (his not so distant cousin) has already wreaked havoc along its path through the Caribbean. It now looks to do a lot more damage. Hurricane Jose, Irma’s younger brother, is also …
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Last week the equity markets had a remarkable reversal of fortune as the SPY and QQQ moved from breaking down under major institutional support levels such as their 50 moving averages, …
Sometime a picture says it all.
This week’s Market Outlook commentary is simply the observation you choose to find in this chart. All politics aside (although they are likely the driving force behind these trends).
The chart illustrates the percent …
Last week was a feeding frenzy for the bears.
The Trump White House did a fine job of providing the bears with ideal feeding conditions with new and more outrageous controversies daily.
The result was another week in which key …