We’ve suspected for a while now that investors weren’t really as bullish as the quick look at the chart would suggest. Mostly, they’re indecisive, not really sure what to expect. After Thursday’s closing bell rang, we know for sure. The S&P 500 topped exactly where we would have expected it to on Wednesday, but with…
We heard it quite frequently mentioned last quarter in restaurant earnings calls: the effect of weather. Any restaurant veteran knows it matters, but how much and over what period of time? Weather does matter, but it impacts unequally and sometimes in short bursts. . Research says that retail spending is positively influenced by sunlight, lower…
Video length: 00:15:16 Rates jumped higher today and stocks didn’t react well. In this video newsletter update find out what kind of options strategies you should be using and what to expect tomorrow. Watch this video right now so you’re not blind sided by the market…
The prompt month May natural gas contract plummeted almost 3% today, initially touching the $2.79 level yesterday and briefly moving below the $2.66 level today. Losses were not significant just at the front of the strip, but rather all along the natural gas strip, as oversupply fears pushed prices through 2019 down just as much. …
Retail sales registered a stable increase last month, posting its best rise since last November. Upbeat sentiment over consumer spending boosted retail sales and is expected to continue to benefit retailers in the coming months. Stable job growth, better consumer confidence and a positive impact of tax cuts are expected to boost consumer spending and…
A strong breakout is brewing in commodities. There is even more: commodities are inches away from a new and strong bull market to start in 2018. This is why, and what investors should watch. Commodities may be strong right now, they were extremely weak last summer when we wrote Commodities Facing Huge Breakdown Risk. This is a…
The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) stated: “Economic activity continued to expand at a modest to moderate pace across the 12 Federal Reserve Districts in March and early April.“. The previous report stated, “economic activity expanded at a modest to moderate pace across the 12 Federal Reserve Districts in…
Let’s talk earnings for a bit. Specifically, how the 2017 tax cut affected S&P 500 earnings. We all know the story. America’s corporate tax rate was uncompetitive and created distortions in the economy that prevented companies from investing in the U.S. The Tax Cuts and Jobs Act of 2017 was designed to level the playing…
General Electric (GE) is expected to report earnings Friday before market open. The whisper number is $0.14, three cents ahead of the analysts’ estimates and showing some confidence from the WhisperNumber community. Whispers range from a low of $0.10 to a high of $0.18. GE has a 39% positive surprise history (having topped the whisper…
The first chance for a short play got burned but there is a second one on offer for the S&P. The S&P tagged channel resistance and while today’s reversal off resistance didn’t amount to a big percentage loss it did register as a distribution day. There wasn’t any significant technical change so if this short…
