Friday, April 26, 2024

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...
Chart Study: Ingersoll Rand Has a High Tight Pennant

Technical Analysis: Ingersoll Rand Has a High Tight Pennant

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Industrials have outperformed this year as investors look for the economy to rebound. Ingersoll Rand is a member of that group with some interesting...

What the Surge in Rails May Be Saying About the Economy

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Economists have worried about the economy slowing, but railroads are telling a different story. The Dow Jones US Railroads Index ($DJUSRR) rose more than 2...

Stocks Flirt With Highs Amid Strong Economy and Earnings

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Stocks flirted with new highs last week as the economy improved and earnings season got underway. The S&P 500 was little changed in the holiday-shortened...

Big Banks and Netflix Surprise to the Upside: Earnings This Week

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Earnings season started on a strong foot as major banks reported surprising growth in their core businesses. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup...
Risk Appetite Sweeps Market as Powell Freezes Interest Rates

Risk Appetite Sweeps Market as Powell Freezes Interest Rates

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Optimism is spreading in the stock market as the Federal Reserve freezes interest rates. Companies that benefit from stronger global growth rose yesterday after the...

Banks, Rails Climb as Rates Move Higher

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Banks and railroads continue to advance as investors seem to focus on a strong U.S. economy. Banks and financials are the best-performing major sector in...
Reopening 2.0? Small Caps Gain Traction as Covid Cases Trend Lower

Reopening 2.0? Small Caps Gain Traction as Covid Cases Trend Lower

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Some new trends are emerging as the market potentially looks for the coronavirus pandemic to ease. Small caps, industrials and retailers are showing signs of...

Cyclicals Lead as Stocks Climb Wall of Worry

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Stocks kept climbing last week, with higher-risk sectors leading the charge. The S&P 500 rose 1.5 percent between Friday, July 6, and Friday, July 13,...
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