The year 2017 is underscored by an aging eight-year bull run, which still has legs. Several events led to the rally in the stock market and impacted the ETF world in either a positive or a negative way. Below are some of the major events that hit the headlines for longer than expected and are…
As long as it’s not triple digits should be fine.. https://t.co/L4615YY2Ev — Eric Balchunas (@EricBalchunas) December 27, 2017 That’s Bloomberg’s ETF guy and that’s sarcasm. The reference there is to a list of all the risks associated with Bitcoin ETFs as derived from ProShares’ filing back in September. Unfortunately, Bitcoin and other cryptocurrencies are on the fast…
The National Association of Realtors (NAR) seasonally adjusted pending home sales index rose marginally. The quote of the day from this NAR release: … Heading into 2018, existing-home sales and price growth are forecast to slow, primarily because of the altered tax benefits of homeownership affecting some high-cost areas … Analyst Opinion of Pending Home Sales The…
Apple Inc. (Nasdaq: AAPL) When the market opened for trading the day after Christmas on December 26, 2017, shares of Apple gapped down and traded for the most part of the day in a tight range. The tight range may have been caused because Apple is at a critical technical level. Technical analysts use this…
NESS ZIONA, Israel, Dec. 27, 2017 /PRNewswire/ — BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV, TASE: BVXV) announced today that the European Medicines Agency (EMA)’s Committee for Medicinal Products for Human Use (CHMP) reviewed BiondVax’s Phase 3 trial plan, provided advice, and allowed the Company to proceed with the Phase 3 clinical trial plan for M-001, BiondVax’s universal flu vaccine candidate. The CHMP…
My Swing Trading Approach Low volume market today and for the remainder of the week. I am not looking to add much to the portfolio this week. Indicators VIX – Decent bounce yesterday, finishing the day at 10.25. I wouldn’t be surprised to see the shorts push this back down today. T2108 (% of stocks trading below…
Other than a small number of fiscal conservatives who are ignored by their own party, it doesn’t seem like anyone really cares about the National Debt anymore. That’s a relatively new thing. Doing something about the Debt was one of the platforms of the GW Bush campaign in 2000. Of course, what he actually did…
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through December 15. The headline number of 122.1 was a decrease from the final reading of 128.6 for November, a downward revision from 129.5. Today’s number was above the Investing.com consensus of 128.0. Here is an excerpt from the Conference Board press release. “Consumer confidence…
Every New York stock exchange trading day I’m posting a daily dividend stock review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week’s slot in the Safari portfolio is reserved for the financial services…
Shares of Charles Schwab (SCHW) are in focus after chief financial officer Peter Crawford issued commentary on the impacts of the U.S. tax reform. CFO COMMENTARY: On Friday, Charles Schwab CFO Peter Crawford said the tax reform legislation signed by President Donald Trump is expected to have “meaningful” benefits to the company as it previously…
