In other words, investors are willing to pay higher prices for weaker earnings.
Here is a table showing the annualized change in Headline and Core CPI, not seasonally adjusted, for each of the past six months.
Just when we thought a resolution to the China trade war was finally going down the stretch run and there was going to be a grand celebration at the White House or the winter palace at Mar-a-Lago, this was not to be the case yet.
It is notable that the Quantifiable Edges Capitulative Breadth Indicator (CBI) closed at 10 on Thursday.
If you know me even a little as a trader, you know how I feel about support and resistance when it comes to trading.
For the month of April, the ETF Deathwatch increased in size. Thirty exchange-traded products (“ETPs”) were added to the list, and 26 funds were removed, making April a busier month in terms of additions.
Markets had another volatile down day on Thursday, but stocks came off the lows and recovered at bit after Trump hinted that trade deal with China was still possible.
Today we are not going to bother debating whether one should actually sell in May or not. Instead, let’s focus on some tactical adjustments that can be made in portfolios to take advantage of what actually does work during the “Worst Six Months” while either shorting or outright avoiding what does not work all that frequently.
Could the Dow(NYSEARCA:DIA) and the S&P (NYSEARCA:SPY) both be triple topping at the same time? Possible says Joe Friday
But what does inflation mean at the micro level — specifically to your household?
Paychex, Inc. (NASDAQ:PAYX) is a great tech company that continues to perform well and reward buy-and-hold investors. That said, Paychex stock wasn’t immune to the fourth-quarter sell-off.
Two weeks ago we covered the topic of False Market Narratives, and asked readers if they are able to ignore the “stories” created by media pundits.
Reuters reports that President Trump threatened to increase tariffs in response to a diplomatic cable from Beijing received last Friday night.
Today’s action was relatively tight and held inside the range of yesterday’s losses.
The widely followed 5-year Treasury market’s implied inflation forecast fell to a six-week low ahead of tomorrow’s April update on the Consumer Price Index (CPI).
Markets swung between gains and losses in morning trading on Wednesday as investors have been on edge since Trump threatened to impose more tariffs on Chinese goods.
Over the last twenty-four years on the Friday before Mother’s Day the Dow Jones Industrials have gained ground sixteen times.
There aren’t too many areas where machines haven’t proved to be worthy adversaries to humans.
Crude oil prices tend to offer a good general barometer for the global economy. More specifically, it is the trend of crude oil that matters.
Today’s release of the April Producer Price Index (PPI) for Final Demand came in at 0.2% month-over-month seasonally adjusted, down from 0.6% last month.
The marijuana industry has come a long way in 2019. I sometimes feel like a broken record when I write this, but it bears repeating again and again: the industry has never had a year quite like 2019.
Several weeks ago we wrote about the downside risk in the gold stocks.
The National Association of Realtors (NAR – existing home sales reports) and the Census Bureau (new home sales reports) report monthly sales on a “seasonally adjusted annualized rate” basis (SAAR). Notwithstanding the reliability – or lack thereof – of the “seasonal adjustments,” it would seem absurd to report monthly home sales on an annualized rate basis.
The Energy Information Administration reported that February crude oil production averaged a surprising 11.683 million barrels per day (mmbd), down 187,000 b/d from January.
US fixed income was already on a roll this year, but this week’s renewed concerns about the US-China trade battle have strengthened the bull market in bonds as a fresh run of risk-off sentiment weighs on equities around the world.