Consumer Confidence Is At A 17 Year High
Housing Prices Headed Up? Let’s look at the housing market. It’s important for housing prices to increase in a steady manner to help people’s net worth improve. As we’ve discussed, savings rates are down and real earnings growth has been stagnant for non-supervisors. The wealth effect might just be all we have to keep the…
Lower Income Group Leveraging Up
Central Bankers Flip Flop It appears that President Trump will pick Powell in the next few days as there’s an 86% chance on the PredictIt website. While the decision is known, the chart below provides context to how it may have been made. As you can see, the chart shows the policy positions of each…
Tale of the Tape: Is ATR Too Quiet?
Stocks move slightly higher today as news that INTC would be the new vendor for some of AAPL's iphones going forward replacing QCOM. Capital got moved from QCOM to INTC which has a much bigger share of the SPX and therefore moved the markets higher. In this video newsletter update we look at the average…
Texas Manufacturing Strongest In 10 Years
No Volatility? It’s important to constantly review the level of volatility in the market to quantify how unusual the market has been this year. To a long term investor, normal changes in volatility shouldn’t matter. However, when records are constantly broken, we need to re-evaluate the market to see what’s going on. The Dow Jones…
Gradual Corporate Tax Cuts Might Be Coming
Stocks Don’t Like Gradual Tax Cut Stocks fell slightly on Monday on the prospect that corporate tax rates could be lowered gradually. The small caps are affected the most by this legislation because they have the highest percentage of domestic earnings. This caused the Russell 2000 to fall 1.15%. We are in the lead up…
Apple Strength Masks Markets Internal Weakness
Most stocks were lower today, but 2 of the largest companies on the planet - AAPL and AMZN were sent higher. In this video newsletter update we look at the market internals and what opportunities they present the rest of the week. Keep in mind later this week there is a FOMC announcement, a new…
The Nasdaq Soars On Great Earnings From 4 Big Tech Names
Tech Continues To Ramp Friday was an amazing day for tech stocks as the Nasdaq increased 2.20%. The Dow rallied a few days ago because big companies within it reported great results. Today was the Nasdaq’s turn as MSFT, GOOGL, and AMZN all reported great results. Even companies which didn’t report were in on the…
A plethora of risk events in the week ahead
Tech stocks sent screaming higher on Friday after earnings announcements from tech giants - AMZN, MSFT, GOOGL, and INTC. The earnings announcements also sent FB and AAPL much higher. In this crucial weekend video newsletter update we look at the many risks in the market place this upcoming. Do not view risk as only to…
Amazon, Microsoft & Google Report Great Results
AMZN, GOOGL & MSFT Beat Expectations Thursday afternoon was a big moment for the market because AMZN, GOOGL, and MSFT reported great results. This will send the Nasdaq soaring into the holiday season. AMZN stock had stalled in the past few months as the company reported a bad quarter 3 months ago. Thursday’s report caused the stock…
ECB Tapers QE Exactly The Amount Expected
On Thursday the ECB released its plan for QE for 2018. It was exactly as expected as the bond buying was cut in half to 30 billion euros per month for 9 months and then lowered to nothing over the next 3 months. Draghi made some missteps this year with the way he handled guidance,…