Source: Pixabay Dear Diary, Last Thursday, the Dow shot up 421 points, or 2.4%, following the Fed’s announcement that it would be “patient” about normalizing interest rates. It was the biggest single-day gain for the Dow in three years. And the 13th biggest single-day gain ever. No one knows what was in this package…
With Christmas fast approaching, one company that is definitely on a lot of consumers’ minds is undoubtedly Apple (AAPL – Analyst Report). The computing giant’s iPhones, iPads, and computers are favorite gift items for many, and will definitely be waiting under the tree for some lucky people on the 25th. Yet investors might also want to consider…
With Christmas fast approaching, one company that is definitely on a lot of consumers’ minds is undoubtedly Apple (AAPL – Analyst Report). The computing giant’s iPhones, iPads, and computers are favorite gift items for many, and will definitely be waiting under the tree for some lucky people on the 25th. Yet investors might also want to consider…
CLICK ON CHART TO ENLARGE Outflows from mutual funds have been rather large of late, actually the biggest in the past three years at (2), reported by Sentiment Trader. At the same time this took place, Junk bonds have been hit hard, driving them down to three year support line (1) in the upper left…
The Russell 2000 Index has lagged all the major benchmarks for most part of this year. While the major benchmarks have been hitting fresh highs, the same is not the case with the Russell 200 index that comprises small-cap stocks. The year-over-year performance of the index was disappointing, as well. As of Dec 22, the…
Google officially became a car company in 2014 and just in time to catch the waning days of the year, the tech colossus revealed the first prototype of its driverless vehicle. In roughly the decade since Google began to develop self-driving cars, the company has spent what’s likely hundred of millions if not billions on…
Despite the collapse of inflation expectations in last month’s UMich confidence, the push to 7-year highs was unstoppable (though missing expectations)…after soaring confidence amid Ebola scares and crashing stocks in October, even the surveyers were questioning the respondents’ replies “it would be surprising if recent declines in household wealth did not reverse some of the recent gains in optimism…
This noisy data series came in nearly at expectations. The good news for 4Q 2014 GDP is that expenditures were very strong. The market looks at current values (not real inflation adjusted) and was expecting:. The monthly fluctuations are confusing. Looking at the inflation adjusted 3 month trend rate of growth, income trend is up and…
Good morning! I feel like I work at Pravda when I say “Markets are heading up this morning” – doesn’t matter what’s real, that’s the news we’re going to report. The crops are always new records, factory production is always up and the 5-year plan is always on track… Nothing can be further from the…
Even during a market downturn, the demand for essential services such as those provided by utilities, remains virtually unchanged. Utilities funds are therefore an excellent choice for investors seeking a steady income flow through consistent yields from dividends. This is also why they are primarily considered to be a relatively more conservative investment option. In…
