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So what's the narrative? Simple: the recession is ending, it turned out to be a V recession and recovery after all.
Let's step back and look at this market that has abandoned all sorts of safety and went all in on the stocks of companies based on the Fed's words and a promising Moderna study.
The market itself may be ignoring the realities of its weakest players.
Market leadership may be lacking on Thursday despite rising trading volumes, plus an update on Apple, Microsoft, Mastercard, Amazon and Gilead.
Maybe it ends up being a small price to pay to avoid a depression.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
Oil isn't really worthless and Amazon isn't the only retailer that will survive, but we are in a mixed up market thanks to Covid-19.
More than 450 quarterly reports are on tap, including 105 S&P 500 constituents.
Are the markets ready for a pause in this dramatic rebound? We are several weeks behind Europe in battling this pandemic and U.S. numbers are far worse. Time will tell.
I did warn publicly back in another epoch that quantitative easing would lead toward increased consumer level inflation.
Now that the service economy is pretty much stopped in its tracks, here are promising areas, including technology as manufacturing, to consider.
When the central bank is on top of their game as they have been of late, credit must go where credit is due.
These names are showing both technical and quantitative deterioration.
The picture looks even grimmer for American Airlines , United Airlines , Delta Air Lines , Jet Blue , Hilton Worldwide , Hyatt Hotels and others in the travel and hospitality sectors. The unprecedented 30-day travel ban from Europe is the latest bl...
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
Throughout the last six months, Danielle DiMartino Booth and I have warned of the imminent turn (lower) in the consumer and in personal consumption expenditures. The trend was already in place and then the coronavirus spread: New state and local off...
Amid a flood of corporate warnings over the coronavirus, all the major stock market indexes finished last month down 6.4% to 10.1%.
I still do believe that the panic is overblown, but that does not mean that it won't continue.
Here are a number of things that I'm watching now.
Plus, a bit of coaching on how to put your money to work opportunistically amid the uncertainty.
At least days like today, when we're told the coronavirus has 'peaked,' show us exactly where the coiled springs really are.
Some believe small-cap stocks that are less exposed to business overseas should outperform large-cap stocks now; let's check the charts and see.
My first trading move in February will be to do some buy-write orders Monday using just out of the money call options on the Energy Select Sector SPDR ETF.
RMPIA ended January up 0.8%, but now the damage from the Wuhan virus is weighing on the future.
And that is exactly the problem for commodities as the Wuhan coronavirus rages through China and beyond with no clear end in sight.
United Airlines Holdings has had a rough few weeks, but the shares might be getting ready to turn around.
A quick resolution to the Coronavirus situation doesn't necessarily equate to a quick market recovery -- but these 2 domestically-focused airlines should weather it well.
I think we know, just based on the behavior of this Federal Reserve, that all things being equal a more normalized balance sheet is preferable.
Almost 200 companies are slated to report quarterly results, including 43 S&P 500 constituents.