Global equity markets had a hiccup last week, precipitated by President Trump’s (aka the Twitterer in Chief) tweets, threatening both North Korea and Venezuela, saying the US military is “locked and loaded” and ready to attack if provoked.
Those tweets …
US equities markets continue to churn, treading over swamp-infested waters, as the unemployment numbers improved again (4.3%) by dropping to the lowest levels since 2001, showing that a recession is not imminent (big positive).
Speaking of the swamp: on Capitol …
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Markets endured the chaos emanating from the White House, as Press Secretary Sean Spicer resigned and Trump threw Attorney General Jeff Sessions under the bus as the investigations by the FBI intensified. It was disclosed this week that Sessions, while …
Equity markets roared this week, led by NASDQ 100 (QQQ). The tech-laden index regained its footing, closing over 3 % for the week, (its highest close since Goldman put out its hit job on semiconductors on June 9).
The only …
Despite the meager outcome from the G 20 meeting with some calling it a G19 as the US retreats from the world stage, US equities shrugged off the global disappointment. Stocks stabilized, ignoring the larger than normal riots usually accompanied …
Due to my travel schedule this week's Market Outlook will only contain the video.
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This week, tech and biotech stocks led the market. The Healthcare sector roared with the prospect of higher profits, should Obamacare be shelved. IBB, the biotech ETF rallied 9.57%.
There are so many concurrent, self-reinforcing bubbles, it’s hard to choose …
The rotation out of tech and into big cap Dow /Industrial value stocks continued as the NASDQ 100 (QQQ) closed - 1.8 % for the week and those boring Dow stocks(DIA) closed positive +.4%. Sector rotation out of tech and …
What looked like the start of another leg up of a parabolic run for NASDQ 100 (QQQ) disappointingly turned into a rout, with some key stocks dropping up to 10% from the gap up Friday morning. Some are calling it …