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Wall Street Looking To End The Week On A High Note On US Jobs Data
Friday, November 1, 2019 - 9:53am | 1473Read More...The latest government report on the domestic employment situation came in way better than expected, offering the market another encouraging data point after a gauge of manufacturing in China pointed to expansion there. According to Labor Department figures, total nonfarm payroll employment...
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Friday's Market Minute: Edge Of The Wedge
Friday, November 1, 2019 - 9:13am | 337Read More...Markets chugged into new all-time highs once again this week as the Fed delivered its widely anticipated rate cut. S&P Futures are up about 0.8% since previous highs in July, and a bit over 6% above the January, 2018 highs. However, the longer-term, typically bearish Rising Wedge trendline...
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Three Times A Charm? Rate Cut Comes As No Surprise, But Pause May Be Ahead
Wednesday, October 30, 2019 - 3:40pm | 2272Read More...If you wanted a trick, you’ll have to wait until tomorrow because the Fed didn’t have any up its sleeves today. Instead, the Fed delivered the “treat” most analysts had expected going into this week’s meeting, cutting the Fed funds rate by 25 basis points back to...
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November Outlook: From Jobs To Fed to China, This Month Has it All
Wednesday, October 30, 2019 - 12:24pm | 2426Read More...Investors might have a good sense of how November went for the market long before their first helpings of turkey and stuffing. The month kicks off this Friday as investors take in payrolls data for October and a key update on U.S. manufacturing health. The drama continues on Nov. 16-17 when U.S....
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Alphabet Misses On Earnings, But Drugmakers, Mastercard Beat Expectations
Tuesday, October 29, 2019 - 10:45am | 1900Read More...The market threw a big party yesterday. But the confetti has settled, and this morning things are more subdued as investors perhaps take some profits amid a generally positive, but mixed, bag of earnings news. Shares of Google’s parent Alphabet Inc (NASDAQ: GOOG) were down around 1...
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Might Stories Be The Revenue Story Behind Facebook's Earnings?
Monday, October 28, 2019 - 2:14pm | 1621Read More...When Facebook reports its Q3 earnings later this week, analysts say they have a laundry list of questions they’re hoping executives at one of the most powerful social-media sites can answer. Facebook, Inc. (NASDAQ: FB) has been making headlines for some time now with the intense...
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Ad Revenue, Cloud, Traffic Volume All In Focus As Alphabet Unveils Q3 Results
Friday, October 25, 2019 - 1:35pm | 1585Read More...You could say it’s been a year of thrills and spills so far for Alphabet Inc (NASDAQ: GOOG) investors. Back in Q1, the company’s results disappointed many and the stock sank nearly 7%. Then last quarter, GOOGL just killed it on earnings, sending shares skyrocketing 10%. Which GOOGL...
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Thinking About Switching To TD Ameritrade? Transferring Is Easier Than You Might Think
Wednesday, October 23, 2019 - 2:38pm | 1196Read More...You probably spent a lot of time and effort constructing your portfolio—maybe you consider it a work of investing art and you’ve grown attached to it. Investors may be reluctant to take the plunge and switch to a new brokerage, worrying it will be disruptive and complicated. But...
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Wednesday's Market Minute: If Rates Fall In A Forest...
Wednesday, October 9, 2019 - 9:50am | 352Read More...… but bonds, gold, and stocks aren't there to hear it, does it make a sound? Yesterday, Fed Head Jay Powell waxed dovish once again, promising to keep the expansion going, add to the central bank's balance sheet, and again hinted that economic drag from outside the U.S. could justify...
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Volatile Week Ending With Decent Jobs Report; Costco Misses On Revenue
Friday, October 4, 2019 - 10:18am | 2274Read More...The blistering jobs growth of 2017 and 2018 is definitely in the rear-view mirror. September’s eagerly awaited monthly payrolls report showed just 136,000 new positions added, the lightest gain since May. That was below expectations for around 150,000, but it doesn’t mean there’s...
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Friday's Market Minute: Red October?
Friday, October 4, 2019 - 10:03am | 350Read More...The fourth quarter began with a sharp sell-off, resulting in back-to-back 1% daily declines in S&P 500 futures. The move brought the contract back to familiar ground in the trading range between 2,940 and 2,820 that persisted throughout August, and dashed bulls’ hopes for a new leg up....
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Lots Of Earnings In The Mix as Market Digests PepsiCo Results, Awaits Costco
Thursday, October 3, 2019 - 10:08am | 2250Read More...After that dramatic two-day drop, things seem to be stabilizing a bit this morning. Don’t forget that this has been a very resilient market, but also keep in mind that with payrolls looming tomorrow, the big down-move we’ve had, and more jitters about geopolitics, it could still be a...
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No Zip: Energy Sector Q3 Seen Weak Despite Attack On Oil Supplies
Wednesday, October 2, 2019 - 12:11pm | 1852Read More...After sputtering all year, energy stocks finally got a boost last month. It wasn’t necessarily how company executives would have envisioned, however, because it took a devastating military strike against Saudi oil facilities to help the struggling sector post some decent gains on Wall Street...
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After Resilient Q3, Positive Tone As Fed Speakers Awaited, LEN Earnings Tomorrow
Tuesday, October 1, 2019 - 9:51am | 1624Read More...To start the week, a key manufacturing index fell to its lowest level since 2009. Precious metals, including gold, silver and particularly palladium, took it on the chin. Crude oil fell 3% to below where it was before the attack on Saudi oil fields. Despite all that, the stock market rallied Monday...
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A Change Of Quarters: Trade Tensions, Economic Uncertainty Abound As Q3 Ends
Monday, September 30, 2019 - 9:53am | 1756Read More...Today marks the swan song for the 3rd quarter of 2019, and the stock market looks to be ending right about where it began. For the S&P 500 (SPX) it’s almost to the tick at around 2970. Anyone not watching the day-to-day movement might not know that SPX traded as much as 6% lower and 2%...
















