Saturday, May 18, 2024

Perfect Storm Handing Nasdaq its Worst Month Since 2008

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A perfect storm of negatives is handing the Nasdaq-100 its worst month since the financial crisis. The technology-heavy index lost 11 percent of its value...

Midterms and Markets: How Tomorrow’s Election Matters

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How might the midterm elections ripple through financial markets? There are three possible outcomes in tomorrow's midterm elections: Republicans retain control of both houses...

Fed Signals Potentially ‘Dovish’ Turn

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After years of steady rate hikes, the Federal Reserve may be signaling a change of course. The U.S. central bank's top two policymakers made potentially "dovish"...

Guess What Index Just Had a Great Week

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Transportation stocks just had their best week in a year. The Dow Jones Transportation Average ($DJT) advanced 4.35 percent since the close on Friday, November...

Our Curiously Strong ‘Weakening’ Economy

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Recent headlines have suggested weakness in the economy, but other readings are curiously strong. Last week's employment reports all missed estimates. ADP's private-sector payrolls had...
Dollar Hammered as Fed's Bostic Turns Dovish

Dollar Slides with Doves Ruling the Roost at the Fed

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Hawks at the Federal Reserve keep morphing into doves, hammering the greenback. Several comments from the central bank yesterday expressed a cautious view of interest...
Mr. Powell and the Punch Bowl

Mr. Powell and the Punch Bowl

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Federal Reserve Chairman Jerome Powell will answer a lot of questions in the Senate this week. But they all come down to one issue:...

S&P 500 Isn’t the Only Chart Hitting New Highs for 2019

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Stock indexes, along with crude oil, just closed at their highest levels of the year. Is it the top, or the start of another...
Naysayers Hapless as Worst-Case Scenarios Prove Elusive

Naysayers Hapless as Worst-Case Scenarios Prove Elusive

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It's hard being a stock bear now because worst-case scenarios are simply not panning out. Take the economy. It was supposed to slow down because...
Market Action

Podcast: How Trump’s Economy Is Lifting the Stock Market

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The U.S. economy keeps silencing the naysayers. This podcast breaks down what’s happening and says what it could mean for financials, small caps and...
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