Sky-High Expectations Put The Market At Risk
Does anyone remember the stock market correction from, oh, just a month ago? The Nasdaq fell 10% at its lows. The S&P 500 dropped around 12%. In early February I wrote: “In nearly three decades as an investor, I’ve yet to see a raging bull market like the one we’ve experienced come to a ‘full stop’ […]
Colgate Palmolive: This Dividend King Just Raised Its Dividend For The 56th Consecutive Year
Investors looking for the highest-quality dividend growth stocks, should consider companies with the longest history of dividend growth. The Dividend Kings are a select group of 25 stocks, with 50+ consecutive years of dividend increases. Colgate-Palmolive (CL) has paid uninterrupted dividends since 1895, and it has increased its dividend payments for the past 56 consecutive […]
E Analysts Clash On Nvidia, AMD
In recent weeks, analysts have had mixed views on chip makers Nvidia (NVDA) and AMD (AMD ). Yesterday research firm Jefferies wrote that Steven Spielberg’s film, “Ready PlayerOne,” slated to be released later this month, could be a catalyst for the stocks, The Fly reported. According to the firm,the film will cause sales of virtual […]
Subdued CPI Disappoints Economic Illiterates
The more subdued the better for all of us, but the economic illiterates at Bloomberg Econoday do not see it that way. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in February on a seasonally adjusted basis after rising 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the […]
Stocks Leave Bonds In The Dust
With investors celebrating the nine-year anniversary of the financial crisis low last week, it should surprise no one that equities have been outperforming long-term treasuries over the last several years. What will likely surprise a lot of people is by just how much equities have been outperforming. The chart below shows the relative strength on a […]
E EUR/USD Can Be In A Correction
EURUSD is currently recovering, however, this intra-day rally seems and looks corrective, which means it can be part of a three-wave pullback labelled as wave ii). If that is the case, then we may see a final turn lower around 1.2400 region for sub-wave c, before a bigger bullish continuation comes into play. However, if […]
Nasdaq’s Not-Meaningful Drop
At first glance, it would seem the swift swoon on the Nasdaq was kind of a big deal, since it’s been such an unstoppable monster lately. But in the grand scheme of things, it’s nothing. Unless we break 7000, the bulls are large and in charge. Of far more concern to me is bonds. If this base completes […]
GBP/USD Breaks Out Amid Waning Bets For Four Fed Rate-Hikes In 2018
GBP/USD EXTENDS BULLISH SEQUENCE FOLLOWING LACKLUSTER UPDATES TO U.S. CONSUMER PRICE INDEX (CPI) GBP/USD extends the recent series of higher highs & lows as fresh data prints coming out of the U.S. economy dampen bets for four Fed rate-hikes in 2018, and the pair may continue to retrace the decline from earlier this year as […]
World Markets Update – Tuesday, March 13
Four of eight indexes on our world watch list have posted gains through Monday, March 12, 2018. The top performer this year is Hong Kong’s Hang Seng with a gain of 5.60%. In second is our own S&P 500 with a gain of 4.09%. Shanghai’s SSE Composite is in third with a minor gain of […]
