Tuesday, January 31, 2017 U.S. stocks looked set to open lower on Tuesday following disappointing results from a clutch of Dow stocks and as investors fretted over President Donald Trump’s policies. Investors’ enthusiasm about fiscal stimulus under the new administration has been tempered by worries over Trump’s isolationist policies such as travel restrictions to the…
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Stocks Rally On Trump’s 1st Week In Office The bulls have been waiting for a catalyst to send the Dow above 20k and it turned out to be Trump’s first week in office. The Dow broke above 20k and the S&P 500 briefly broke above 2,300 over the past few days. The key now is to…
We are still in the heart of earning season and a lot can change. But so far, it appears the earnings recession is over and that bodes well for the major indices. Here’s a Snap Shot of Q4 Earnings… So Far Earnings growth for the SPX the third quarter is 5.6% vs expectations of 4.5%…
* Yahoo rises on profit and revenue beat * Johnson & Johnson slips on revenue miss * Automakers rise on Trump meeting * Indexes up: Dow 0.02 pct, S&P 0.12 pct, Nasdaq 0.31 pct (Updates to open) By Yashaswini Swamynathan Jan 24, 2017 U.S. stocks edged higher on Tuesday as investors assessed quarterly earnings, while…
Monday, January 23, 2017 U.S. equities fell on Monday, but closed off session lows, as investors looked for more details regarding President Donald Trump‘s policies. The Dow Jones industrial average traded about 40 points lower, with Boeing and General Electric contributing the most losses. “You’ve got a new uncertainty factor,” said Mike Bailey, director of…
Stocks Quiet As President Trump Takes Office Stocks ended lower last week as the market simply pauses to consolidate a very strong post-election rally. The major indices were very extended from the norm and are simply pulling back a little to consolidate a very strong rally. The small-cap Russell 2000 pulled into its 50 DMA…
Tuesday, January 17, 2017 4:00 p.m. U.S. equities fell on Tuesday, with financials lagging, as uncertainty around President-elect Donald Trump‘s policies grew. “It’s not about proposals anymore … but what are they going to do,” said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management. “I think investors are at a pause trying to…
All Eyes On Earnings Once again, the bulls remain in clear control and continue to quell any bearish selling. The market had several chances to fall (since the election) and simply refuses to do so. The fact that it refuses to fall illustrates how strong the bulls are right now and bodes well for the…
Tuesday, January 10, 2017 U.S. equities closed mixed after a choppy session on Tuesday, as the Nasdaq composite notched a fresh record high, while investors prepared for a key news conference from the U.S. president-elect. “For the past few weeks, you’re seeing a tug-of-war between bulls and bears,” said Adam Sarhan, CEO at 50 Park…