The paid pessimists couldn't even come up with the 'problem' they were expecting to find in the October employment report. That's the raw number of positions filled. Analysts were modeling only 85,000 new hires, but 128,000 jobs were accepted last month. Another 95,000 worth of revisions were added to correct understated job growth figures for previous months this year. That...
If a trader wasn't explicitly looking for it, he or she might not even notice. To those who make a point of watching though, there it is. After nearly eight months of underperformance, the nation's listed small cap stocks are starting to outperform their large cap counterparts. It's a sign that investors are feeling considerably more confident than they have...
The Fed went through a similar cutting cycle in 1995 and 1998 By Mark DeCambre, MarketWatch Is three the magic number for Wall Street? We’ll soon find out. Only a few think that Jerome Powell & Co. will not cut interest rates next week for a third time in as many gatherings of the rate-setting Federal Open Market Committee. Market-based...
The Fed went through a similar cutting cycle in 1995 and 1998 By Mark DeCambre, MarketWatch Is three the magic number for Wall Street? We’ll soon find out. Only a few think that Jerome Powell & Co. will not cut interest rates next week for a third time in as many gatherings of the rate-setting Federal Open Market Committee. Market-based...
The US Stock market rallied on Friday, October 25, on TESLA earnings crushing expectations as well as news that any positive US trade deal outcomes could see almost immediate removal of future tariffs that are scheduled to be implemented near the end of October. This was enough for the markets to rally from the start of trading and continue to...
The US Stock market rallied on Friday, October 25, on TESLA earnings crushing expectations as well as news that any positive US trade deal outcomes could see almost immediate removal of future tariffs that are scheduled to be implemented near the end of October. This was enough for the markets to rally from the start of trading and continue to...
It's curious. Renewed hope on the trade front meant stocks ended the week on a high note, capping off a third straight week of gains. Last week's rally, in fact, was the biggest of the three. On the other hand, Friday's high for the S&P 500 suspiciously matched the peak from September, as well as the peak from July. Perhaps...
By Stephanie Landsman, CNBC One of Wall Street’s biggest bulls is on pullback watch. The bearish call from Capital Wealth Planning’s Jeffrey Saut stems from one of his proprietary gauges. “My very short-term trading indicator did flash a sell signal,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. “We just on occasion try to make these tactical...
By Stephanie Landsman, CNBC One of Wall Street’s biggest bulls is on pullback watch. The bearish call from Capital Wealth Planning’s Jeffrey Saut stems from one of his proprietary gauges. “My very short-term trading indicator did flash a sell signal,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday. “We just on occasion try to make these tactical...
Recently, Mark Zuckerberg appeared before the US Congress to discuss his new Libra project and to attempt to calm concerns related to his new global alternate currency project. It appears this project is putting global political leaders in a particularly powerful position of either accepting the Libra project as a viable future solution and implementing new laws and regulations in...
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