Stock quotes in this article: $HACK, $CYBR, $FEYE, $FTNT, $BLOX, $JNPR, $PANW Our long-standing readers know that we are bullish on cyber security stocks and have been for a while. Most recently in May 2015 we wrote an article for Jim Cramer’s RealMoney.com outlining our bullish fundamental and technical thesis for cyber security stocks. Our Bullish Thesis:…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Last week was a bullish week on Wall Street as investors sent stocks higher after the “data” pretty much took a June rate hike off the table. The Fed believes that the economic weakness was ‘transitory’ in Q1 2015 which is their way of saying they believe the economy will…
Market Update: The major averages continue to go nowhere fast as the latest round of economic and earnings data continues to be released. The major averages are trading near their respective highs as investors are trying to make heads or tails with the latest data and -more importantly – what The Fed will do at their June meeting….
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Stocks End Mixed On Tepid Economic Data Stocks ended mixed during the shortened holiday week as investors digested the latest round of weaker-than-expected economic data. The self-described data-dependent Fed will likely err on the side of keeping rates low for the foreseeable future because the “data” remains very weak. The Fed has…