Category Archive: Finance
Rosenberg: “Is The Stock Market Flashing An Anti-Growth Signal?”
August has been an ugly month. Look around the world and most assets are suffering as the lagged reality of shrinking central bank balance sheets and a Fed-enabled dollar-shortage has sparked a renewed anxiety the likes of which we have not seen for a decade. There’s just one thing – despite all this turmoil, US stocks […]
Wal-Mart Powers Equities Higher On Thursday
Wal-Mart Spikes On Great Earnings Wal-Mart is no longer a growth stock which can keep up with the returns from the FAANG names, but it is always worth reviewing its earnings report because it is a great barometer for the health of the consumer since it is the biggest retailer in America. The great report […]
Initiated A Short Position In Tesla Yesterday: Luck Of The Draw Interview Today
I initiated a short position in Tesla yesterday, via PUTs. The NYT stock-sinking interview with Musk today was luck. CNBC reports Tesla Shares are Getting Slammed after Elon Musk’s Off-Kilter Interview with the NYT. Shares dropped more than 8 percent after a New York Times piece outlined serious struggles for CEO Elon Musk. The paper also […]
S&P 500, DAX & FTSE: Will Headlines Trump Summer Doldrums?
S&P 500 Next week brings the FOMC minutes and Jackson Hole CB Symposium on Wednesday and Friday respectfully, but it is unclear that these will have any real market-moving effects. It may be worth noting that this is Powell’s first time in Jackson Hole as Chairman of the Fed. Continued threats will come from Trade […]
Market Health Indicators: Consolidation Likely
My market health indicators are signaling that some consolidation is likely. All of the core categories are negative with the exception of risk. When this happens it usually signals that investors are taking profits, rebalancing portfolios, and/or rotating between sectors. At this point, I don’t expect a large drawdown. It’s more likely that we get […]
RecessionAlert Weekly Leading Index Update – Friday, August 17
The latest index reading came in at 19.1, up from the previous week. RecessionAlert launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that WLEI […]
55 Firms Going Ex-dividend Next Week, Including Discover, Hershey And Phillips 66
There are several well known large cap stocks going ex-dividend next week including the following six Top 100 Dividend Stocks: Prudential Financial, Phillips 66, Cummins, Discover Financial, Hershey and L Brands. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any […]
Just 4 Trading Days Until The Longest Bull Market Of All Time: What Happens Then
We’re almost there: in just 4 trading days, the S&P 500 “bull market” which has purchased by central banks with trillions in liquidity and by companies with even more trillions in buybacks, will become longest of all-time. And yet away from the S&P, BofA’s Michael Hartnett notes that “there have been so many grizzly bond, […]
Retail Sales Report- Great July
Retail sales – the reports have mostly been good. I reviewed the strong Empire Fed reading in a previous article, now let’s look at the great July retail sales report. The bad news is the June reading was revised lower and the good news is the July reading beat estimates. This means Q2 GDP could […]
