Another week, another win. The S&P 500 shrugged off the potential spread of the coronavirus — again — gaining 1.57% to plow deeper into record-high territory. Once again though, the volume behind the move was not only modest, but slumped. There's just not a lot of investor participation in the move. There's simply less interest in challenging it. In the...
By Keris Lahiff, CNBC Travel earnings are on deck this week, and it could give insight into how large an economic impact the coronavirus outbreak might have on the industry. Hilton Worldwide, which reported Tuesday morning, issued solid guidance but said the effect of the coronavirus was still unknown. TripAdvisor, Expedia and MGM could offer a better outlook when they...
By Keris Lahiff, CNBC Travel earnings are on deck this week, and it could give insight into how large an economic impact the coronavirus outbreak might have on the industry. Hilton Worldwide, which reported Tuesday morning, issued solid guidance but said the effect of the coronavirus was still unknown. TripAdvisor, Expedia and MGM could offer a better outlook when they...
The first part of this article highlighted what we believe is the start of a broad market sector rotation setup in the US and global markets. This second part will highlight what we believe are excellent examples of sector trade setups for our friends and followers. As China continues to pour capital into their markets to stabilize the outflow and...
The first part of this article highlighted what we believe is the start of a broad market sector rotation setup in the US and global markets. This second part will highlight what we believe are excellent examples of sector trade setups for our friends and followers. As China continues to pour capital into their markets to stabilize the outflow and...
Stocks got off to an amazingly good start last week, easily bouncing back from the previous week's drubbing that left the market on the brink of a major technical breakdown. But, when the S&P 500 had a chance late in the week to decisively plow into new-high territory, the bulls just weren't ready. The buyers may be able to regroup...
Stocks got off to an amazingly good start last week, easily bouncing back from the previous week's drubbing that left the market on the brink of a major technical breakdown. But, when the S&P 500 had a chance late in the week to decisively plow into new-high territory, the bulls just weren't ready. The buyers may be able to regroup...
It seems counterintuitive at first. U.S. employers added another 225,000 to their ranks last month, marking the second-best reading since the middle of last year, and extending what's effectively the longest-ever streak of job additions. Yet, the unemployment rate edged a bit higher, rising from 3.5% to 3.6%. There's a simple explanation though, and it's not a discouraging one. But,...
It seems counterintuitive at first. U.S. employers added another 225,000 to their ranks last month, marking the second-best reading since the middle of last year, and extending what's effectively the longest-ever streak of job additions. Yet, the unemployment rate edged a bit higher, rising from 3.5% to 3.6%. There's a simple explanation though, and it's not a discouraging one. But,...
There's no denying the market rebound that took shape last week has been fun, carrying lots of portfolio values to new highs. Just know, however, that only a small number of stocks are doing most of the heavy lifting. Indeed, if it weren't for the FANG stocks, investors might not be celebrating at all. The graphic below tells the tale,...
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