For the longest time we have made the case that Wall Street is ready for a rate hike but Main Street is not. The following chart, courtesy of our friends at Reuters/Eikon, shows how the S&P 500 has surged since 2009 but GDP has yet to “take-off.”
FindLeadingStocks.com Single Stock Ideas… Starting at Only $19/month Advanced Report…. Starting at Only $97/Month On Thursday the tech heavy Nasdaq 100 broke out of its year long range and hit a fresh 15-year high as we enter the heart of earnings season. This very strong action is typically bullish for the broader market and leading…
438 companies in the S&P have reported Q1 earnings thus far (87.6%) 15 (3%) companies report Q1 equivalent quarters next week Q1 Recap: 63.0% have POSITIVE EPS surprise 03.9% have NEUTRAL EPS surprise 33.1%% have NEGATIVE EPS surprise Source: RealMoney
MTA Charity Auction! Take An Analyst To Lunch- Adam Sarhan
Tracking the recovery, with John Chambers, Cisco Systems chairman & CEO.
Here is The Intra-Week Update That Was Sent on Wednesday – The EXACT Low of the week. Market Update: Barring another wave of massive selling, it appears the market is trying to put in a near term low today and it looks like stocks are ready to bounce from their deeply oversold levels. So far,…
Don’t Fight The Tape: This is a VERY strong bull market and I’m reminded of the old adage: Don’t fight the tape. Eventually, this market will pullback- the only question is when, not if. That said, be very careful (don’t) chase stocks up here- AFTER a big run. Melt Up: One glance of the following hourly…