After A Solid Start, What Awaits Dow ETF In Q4 Earnings?
The Wall Street had a sizzling start to 2018 as Trump’s tax overhaul bolstered the optimism over strong corporate earnings and an improving economy. With the Q4 earnings season underway, investors are betting that the new tax legislation will result in big savings for the corporations, giving a boost to earnings. The Dow Jones Industrial […]
Strong Dividend Stocks Can Change Your Retirement Odds
With the stock market powering ever higher, dividend yields continue to fall on most stocks. This will lead many investors to simply search for high yielding stocks and buy those. But this could be a major mistake. Most times when a stock’s dividend yield is high, it’s high because the stock and the dividend payments […]
The Market Rally Is Relentless
The market rally is relentless. The PMO index is still pushed up against its maximum. Very bullish. The bullish percents continue to confirm higher stock prices. There isn’t a bit of market hesitation showing here as these indexes continue to confirm. It is a very bullish chart, but I worry about how this will end. […]
The Yummies Are Causing The All-Time Stock Market Highs
Many have wondered why the stock market continues to make all-time highs, almost every day. This exceptional rise may be due to the Yummies, the Young Upwardly Mobile Millennials. Yes, the Millennials, also known as Generation Y. Many traits have been ascribed to this generation, but you don’t ever hear the members referred to as […]
Trannies Soar Most Since 2001, Treasury Yields Tumble, Dollar Dumped
After a brief pause, everything is awesome again… Video length: 00:02:44 Trannies exploded higher today (2nd best day since Trump election)… S&P record high, Dow above 25,500 for first time… and on and on… Despite equity market exuberance, VIX rose on the day, testing back above 10… YTD, Trannies are up 6.5% (up 8 days […]
5 Major Bank Stocks Set To Trump Earnings Estimates In Q4
The Q4 earnings season is knocking at the door and investors are keen to see how major banks will perform this time, after reporting impressive results in the first three quarters of 2017. The last year has been a roller coaster ride for banks. Though the year begun on an optimistic note with high expectations […]
Market Talk – Thursday, January 11
Currency tended to have more of an effect today in Asian trading, well certainly for Japan anyway! The Yen played between low and higher end of 111, edging lower into the close of the session as earnings failed to match expectation. Late in the US trading day, the Yen was flirting with a 110 handle […]
Cryptomania Continues, But It Won’t Last Long
In December, less than one month ago, I wrote that the wild and crazy rush into cryptocurrency stocks would end. Well, the craziness hasn’t stopped yet — and I didn’t expect it to. But the latest cryptocraziness is even more mind-blowing, and more likely a desperate move than the previous ones. Eastman Kodak Co. (NYSE: […]
Steel Stocks In Major Bull Market As They Break Through Secular Resistance
Steel stocks are in an amazing shape. Since they bottomed in January 2016 the steel stocks ETF SLX is up 3-fold. An index rising 3-fold in just 2 years is exceptional. What strikes us on this chart is the fact that SLX ETF broke through a major resistance level at 44 points. Note on the […]
