2 Big Weeks of Corporate Earnings / Feels Great to be PROUD!
2 Big Weeks of Corporate Earnings 73 S&P 500 companies have reported 3rd quarter earnings with 84% beating consensus expectations. This week we’ll hear from 125 S&P 500 companies, with 46 on Thursday. Amazon reports on Thursday which will give us an indication of how consumers are spending. The week following is actually the week […]
Markets Snap 3-Week Win Streak on Meeting Cancellation & Oil Prices Spike 15% in 1 Day!
China Cancels Meeting Sends Stocks Lower It appeared the markets were going to close flat for the week after last Thursday, which would have been a positive after 3 weeks of gains. Last Friday, China was all set to meet with farmers in Montana and Nebraska and then decided to cancel… sending stocks down for […]
Markets Rise Anticipating Rates Cuts and China Deal…
Markets on the Rise! With US Treasury rates continuing to stay low, I think it’s in the bank that the Federal Reserve will continue to slash interest rates, which certainly makes stocks more attractive. One of the negatives, is that I’ve already seen my American Express High Yield Savings Account reduce the rate from 2.0% […]