Saturday, May 18, 2024

Rail Traffic Continues to Spike

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Railroads closed at a new high as freight traffic climbs to its strongest level in years.

A Tough Slog For Banks, With a Happy Ending

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There was a day when higher interest rates lifted financials. But not anymore. Selling in the sector has been intense, with 64 of the 67...
Is Anything Weirder Than the Economy Right Now?

Is Anything Weirder Than the Economy Right Now?

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Gross domestic product (GDP) is due tomorrow. It's a good time to examine just how weird the economic situation has gotten. Things look increasingly...
Will Coronavirus' Impact on Economy Appear in This Number Tomorrow?

Will Coronavirus’ Impact on Economy Appear in This Number Tomorrow?

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For weeks, the market has worried coronavirus would hammer the economy. Tomorrow may bring the first real confirmation of that fear. The U.S. Labor Department...

Check Out This Stunning Divergence in Tech

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Software versus semiconductors. It's a major split running down the middle of the technology sector. The chart below compares the performance between the iShares North...

Suddenly Industrial Stocks Are Ripping

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While everyone has worried about tariffs and trade, a wave of positive news has emerged in the industrial sector. Last night's strong earnings report from...

Market Jitters Are Lifting Gold Miners

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Gold miners are the only winners in this market as mounting worries drive investors to the ultimate safety play. The Dow Jones US Gold Miner...

So Much for Inflation Running Wild This Summer

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This week brought a trio of reports on inflation. None of them seemed to flash any warning signs about prices spiraling out of control. ...
The Economy Is Showing Signs of a Rebound, With More Help From the Fed

The Economy Is Showing Signs of a Rebound, With More Help From the Fed

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The economy is showing more signs of recovery, even as coronavirus cases rise in parts of the U.S. The New York Federal Reserve reported yesterday...

The Message Behind Yesterday’s Volatility Spike

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Yesterday was a reminder for traders who forgot what volatility feels like. The S&P 500 had its biggest drop since June 25, and Cboe's Volatility Index...
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