Bull Market Still Intact Despite Negative Economic News
Recent data seems to cast doubt on the seemingly never-ending call for an imminent recession.
From a September 20, 2019 Bloomberg article:
“The U.S. economy is outperforming...
Blackberry (BB) Crushed By Earnings, When Will Stock Bottom?
Blackberry (NYSE: BB) lost over 20 percent of its market cap value on Tuesday after the company posted earnings and revenue that missed investor...
Will The Commodity Index Get Rejected By Price Resistance Again?
Commodities such as Gold, Silver, Natural Gas, and Crude oil have been rallying since early August.
Though this overall asset class has been mixed (see...
Can Stock Market Bulls Safely Navigate Interest Rate-Sensitive Period?
The S&P 500 Index finished lower by 0.84% on a day that saw trading activity turn negative after impeachment rumors started swirling around President...
U.S. Equities Resilient In Face Of Bearish News
The news backdrop last week was less than favorable for the financial markets as the world received news of an attack on Saudi Arabia’s...
Saudi Attacks Push Oil Higher But Look For Quiet Week On Wall Street
The stock market was narrowly lower last week while Crude Oil prices spiked, along with the United States Oil Fund ETF (USO) spiked.
Investors are...
Somewhere Over the Stock Market Rainbow
What do we as investors know about rainbows? Let's see...
Rainbows are optical illusions. They appear in the sky opposite the sun.
Rainbows can be full circles,...
U.S. Equities Investing Update: Not Ready To Upgrade Yet
Key Takeaways On U.S. Equities Market:
- Stock market breadth is heading in a positive direction but remains neutral in our weight of the evidence...
S&P 500 Could Push Toward 3100 Into Early October
S&P 500 Index Trading Outlook (3-5 Days): Bullish
Late day weakness has failed to take away from the bullish tone of recent days. Expect strength to 3027...
$COST Costco Stock Price Reversal Lower Signals Top Likely
Shares of Costco (COST) declined 1 percent on Thursday, after an analyst downgraded the stock.
Costco's stock began its reversal in earnest last week and...
