Welcome to the worst month of the year.

Courtesy of LPL Research:  Well, here it comes—September. It’s widely considered the worst month of the year for equities for good reason, since it has historically performed the worst. Per Ryan Detrick, senior market strategist, “September is the banana peel month, as some of the largest slips tend to take place during this month. Although […]

This Could Spell Trouble For Global Stock Markets

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This is a big negative divergence for global equity markets:  Turkey: -70% Nigeria: -68% Russia: -57% Brazil: -57% Italy: -45% Indonesia: -32% China: -25% South Korea: -16% Germany: -14% Japan: -10% UK: -10% India: -8% Canada: -7% US: -0.6% Israel: -0.4%     Source: https://twitter.com/charliebilello/status/1037296607279099904

A Closer Look At S&P 500 Earnings

S&P 500 EPS for Q3 fell by 0.9% while S&P 500 price rose by 6.7% from June 30 through August 30. Source: https://insight.factset.com/smaller-cuts-than-average-to-sp-500-eps-estimates-for-q3-to-date …

Week-In Review: Another Record Setting Week On Wall Street

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Another Record Setting Week On Wall Street It was another record setting week on Wall Street as the S&P 500 topped 2,900 and the Nasdaq topped 8,000. In the short-term, the market is very extended and way over due to pullback. There’s an old adage on Wall Street that says, Stocks take the stairs up […]