Monthly Archives: August 2015

S&P 500 Snapshot: Down For The Day And Week

The headline numbers for this morning’s employment report for July were reasonably strong. Nonfarm employment came in a tad below expectations, but the upward revision to the two previous months more than compensated. With the increased likelihood of a Fed rate hike, the S&P 500 opened fractionally lower at its intraday high and sold off…

Can Apple “Think Too Big”?

It’s an open family secret… My cousin Joe made Apple (AAPL) CEO Steve Jobs cry. I’ve never told this story before. The part of the story where Jobs burst into tears isn’t in dispute. He admitted it himself. It happened in 1982. He was a candidate for Time‘s Man of the Year at the time. Or…

3 Consumer ETFs For Momentum Play

The consumer sector was on the radar last week for host of reasons. While U.S. growth in the second quarter hit a 33-year low and July’s consumer confidence as measured by the University of Michigan was weaker than expected at 93.1, as well as down from 96.1 in June, stocks and related ETFs got a boost with several consumer…