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Jack Bogle Slams Wall Street’s “Unrealistic” Earnings Guesses, Says Market Valuations “Rather High”

Jack Bogle Slams Wall Street’s “Unrealistic” Earnings Guesses, Says Market Valuations “Rather High”

88-year-old investing icon John “Jack” Bogle, founder of the Vanguard Group, says that the market seems to be “fully valued,” and suggests investors adjust their asset allocation. In an interview with The Street, Bogle said: “The valuations of stocks are, by my standards, rather high,” adding that “my standards, however, are high.” When considering stock valuations, Bogle’s […]
Gold Extends Gains As Dollar Slides

Gold Extends Gains As Dollar Slides

Gold prices rose for a third straight session on Tuesday and settled at $1287.63 an ounce as the dollar fell ahead of the minutes of the Federal Reserve’s September policy meeting and inflation data. XAU/USD reached the $1292-$1290 area as expected but was unable to break through. Consequently, prices retreated to Ichimoku cloud on the […]
EUR/USD Builds Wave 3 Momentum In Bullish Channel

EUR/USD Builds Wave 3 Momentum In Bullish Channel

EUR/USD 4 hour The EUR/USD is in a bullish channel (blue lines) which could challenge the resistance trend lines. It is unclear whether price is in a wave 5 or in an expanded wave 4 at the moment, which depends on how price develops the bullish trend. 1 hour The EUR/USD seems to be in […]
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                        Market Briefing For Wednesday, October 11

E Market Briefing For Wednesday, October 11

The forecasts for geopolitics and the markets continue hoisting red flags, even if most pundits and analysts will dispute that. It doesn’t assure the market breaking, but does require putting warning flats up on the pole at the same time big-cap Averages are themselves in a flagpole or pennant status. With the movement of the […]
5 Simple Yet Effective Ways To Plan For Retirement

5 Simple Yet Effective Ways To Plan For Retirement

Retirement is a complex topic. This is an awesome infographic that simplifies everything. Start small and grow your savings The magic word is compound interest, which, in its most basic terms means that interest is earned on both the original amount saved plus the interest earned on that savings. The key to making compound interest […]
Fears Of Next Financial Crisis Stem From Confusion Over Last One

Fears Of Next Financial Crisis Stem From Confusion Over Last One

A NYT article on the seemingly healthy state of the world economy carries the headline, “The economy is humming. Banks are cheering. What can go wrong?” The piece is written as though we need to fear the possibility that another financial crisis is just around the corner. We don’t. It’s become popular in the economics […]
Powell Is Now The Fed Chair Front Runner – Less Negative Market Impact Than Warsh?

Powell Is Now The Fed Chair Front Runner – Less Negative Market Impact Than Warsh?

Twelve companies from the S&P 500 are reporting earnings this week. The results will start coming faster next week which is why I said that was the beginning of earnings season. This means FactSet’s chart of bottom up expectations has moved to tracking Q4 earnings estimates. As you can see from the chart, estimates have […]
Weekly Gasoline Price Update: Regular And Premium Down Six Cents

Weekly Gasoline Price Update: Regular And Premium Down Six Cents

It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down six cents each from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.09 and Santa Barbara, CA is the most expensive city, averaging $3.28. Oklahoma […]
Tap Q3 Growth With Revenue-Weighted ETFs

Tap Q3 Growth With Revenue-Weighted ETFs

The overall Q3 earnings picture for the S&P 500 looks weak with projected earnings growth of 2.3% after double-digit growth in each of the first two quarters of the year. Additionally, earnings growth in the last quarter of the year is expected to be in high single digits. Expected Q3 revenue growth of 5% is also lower […]