The best word to describe this market is: STRONG. Stocks continue to race higher as investors continue to focus on easy money from global central banks. Whether we have strong economic data (ex: Friday’s jobs report came in at 255k, beating estimates for 180k) or weak economic data, stocks rally. Strong earnings, weak earnings,…
Strong Month on Wall Street July 2016 will be remembered in the history books as a pivotal and very strong month on Wall Street. The big news was that the Dow Jones Industrial Average and the benchmark S&P 500 both broke out of a very long 18-month sideways trading range and vaulted to fresh record…
EARNINGS SEASON DEFINED Four times per year publicly traded companies report their earnings. In general, this is done at the beginning of each quarter. The company tells its shareholders what happened over the past 3 months. This period is also known as earnings season. Put simply, it describes a period time when the majority of companies release…
Bulls Remain In Control: Stocks are very strong as the benchmark S&P 500 has vaulted 9.1% in the past four weeks! Remember, in “normal” (a.k.a. non easy money days),a 10% rally for the entire year was considered healthy so 9.1% in 4 straight weeks is extraordinary. I’m frequently asked by clients at 50Park.com: How can…