Posted on November 10th, 2022
The Consumer Price Index (CPI) for October was a good number. What was good about it? The fact that it WASN’T as good as expected. Wait, what? The CPI saw a 7.7% increase over last year and 0.4% increase over the prior month. Both of these numbers are better than Wall Street expected. Economists were […]
Posted on October 27th, 2022
Yesterday was a bearish day for the NASDAQ much of the decline was attributed to the disappointing earnings numbers provided this week thus far by Microsoft, Alphabet and Meta Platforms (previously known as Facebook. Today, after market, we got continued disappointing earnings numbers from Amazon (AMZN) and Apple, Inc. (AAPL) had disappointing news about their […]
Posted on September 23rd, 2022
Today marked the fourth day in a row the major indeces traded lower. This brings the markets to fresh, yearly closing lows for the year. You may hear or read in various financial news sources the rop is happening on rising fear of a recession. Rising? I didn’t know the fears went away and are […]
Posted on September 22nd, 2022
The S&P500 is down 0.8%, almost 1% on the day, This the second day in a row the markets are trading lower. Yesterday the Fed raised rates again and the markets had its typical bout of volatility on the announcement, but ultimately ended up much lower on its close. The chart of the SPY. the […]
Posted on August 26th, 2022
We have an Answer About what Fed Chair Powell and the Fed Could do to Our Stock Market Now a Brief Word from our Fed Chair We are not going to dissect the minimal, but impactful commentary from Fed Chair Powell as there is a ton of this after the commentary and what it means […]
Posted on August 4th, 2022
Sometimes No Action is the Best Action US Non-Farm Payrolls are due to be announced tomorrow morning. This report always has the chance to set the tone for what one can expect for market direction now and in the coming months. The markets have a chance of seeing price volatility due to the numbers and […]
Posted on July 26th, 2022
Industrials like General Electric Company (NYSE: GE) and 3M (NYSE: MMM) reported earnings today. General Electric Company (NYSE: GE) reported 2nd Quarter June 2022 earnings of $0.78 per share on revenue of $18.6 billion. The estimate was $0.38 per share on revenue of $17.9 billion. 3M (MMM) reported 2nd Quarter June 2022 earnings of $2.48 […]
Posted on July 12th, 2022
If anyone was thinking supply chain concerns, inflation, and more rate hikes to come was going to put a damper on companies’ earnings reports for Q2, PepsiCo (NYSE: PEP) is one company that disproves that. PEP announced reported a better-than-expected quarterly profit and revenue and they also say they are raising their revenue outlook for […]
Posted on June 30th, 2022
Regardless of where equities close out today, it will put a stamp on the worst first half performance in 50 years and if you are wondering what can be done going forward there is some things you can consider. Check out prior precedence and see what happened before and anticipate a possible recurrence happening again. […]
Posted on May 19th, 2022
A bear market is defined as a 20% drop from an index’s 52-week high. The S&P500 has become more of the benchmark traders and investors use to assess what is going on with stocks / the economy It used to be the Dow Jones Industrial Average, but nowadays more and more professionals get more out […]
