Friday afternoon “brain cramp”
When we call for 2-5% correction, people wonder why we bother given such a high S&P 500 (SPX) 2018 year-end target of 3200. The answer is always the same -…
Read MoreWhen we call for 2-5% correction, people wonder why we bother given such a high S&P 500 (SPX) 2018 year-end target of 3200. The answer is always the same -…
Read MoreThere are those that have been pointing to a lack of new 52-week highs in the various equity indices as a sign of concern that the recent gains are unsustainable.
Read MoreAccording to the Department of Commerce Data, Q2/18 Quarterly annualized GDP growth came in at the best level since 2014, and the “final sales” component came in with the best…
Read MoreThe first look into the 2nd quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded at a very healthy 4.1% pace.
Read MoreComing off a day full of key earnings releases, Friday figures to be another busy one with GDP revisions for 2Q due out, University of Michigan Consumer Sentiment due out…
Read MoreFocusing on intermediate-term opportunity rather than near-term risk.
Read MoreA huge day of earnings along with Durable Goods Orders for the month of June highlight Thursday as investors react to some key earnings reports from after market close Wednesday…
Read MoreThere are times where there is just no edge in making a big near-term market call. I was just saying to my market analyst – Mike Welch – that in…
Read MoreTony Dwyer, Canaccord Genuity chief market strategist, gives the bull case for buying near the highs.
Read MoreThe latest Investors Intelligence report shows there was not much change in newsletter writer sentiment from last week.
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