It’s still a bear market, according to the relative strength ranking of the US stock market sector. This is because the sectors that generally do best at the end of bear markets have been lagging lately. Conversely, sectors that usually do the worst at the end of bear markets have outperformed. This is not what …
These stock sectors should be strong if the bulls are really in control Read More »
The United States added more payrolls than expected in November, marking another month of strong growth. This expansion, along with even higher wages, is good news for workers who are still changing jobs. This scorching job market could mean more economic problems later on as the Federal Reserve steps in. Loading Something is loading. Thank …
On Friday, CNBC’s Jim Cramer told investors that stocks could have another good week of trading, given the good economic conditions. “As the year draws to a close, vacations will become more and more of a priority. Right now the outlook is murky – too much cross-currents. But if the labor market remains strong and …
Cramer’s Week Ahead: Markets Need a Strong Labor Market and Tamed Inflation to Stay Up Read More »
Atlanta Fed GDPNow data, chart by Mish Chart Notes The blue line is the base forecast. It’s all the public sees or hears when the BEA releases its GDP report, but it’s not what matters most. The red line is actual final sales (RFS). This is the bottom line estimate for the economy and what …
Despite strong spending in October, GDPNow forecasts have plunged, why? Read More »
The Dow Jones Industrial Average briefly dipped more than 350 points after a better-than-expected November jobs report on Friday morning. Tesla’s stock plummeted after delivering its first all-electric semi-trailer truck. X Report on jobs, income movers The Labor Department’s November jobs report is out at 8:30 a.m. ET. The US economy added 263,000 jobs in …
Walmart’s Black Friday deals have been piling up since last Monday, and they’ve been phenomenal (you can see all offers here). Although they are approaching a week away, Black Friday Walmart deals are still in effect, even as Cyber Monday approaches. Walmart had all-time low prices on items like the latest video games and Apple …
Walmart’s Black Friday deals are still going strong – IGN Read More »
Dow Jones futures will open Sunday night, along with S&P 500 and Nasdaq futures. X The stock market rally posted strong gains in the holiday-shortened week. The Dow Jones hit a seven-month high. But the S&P 500 index reached its 200-day moving average, a key resistance zone. Several economic reports are looming next week, including …
Futures on the Dow Jones will open on Sunday evening, along with futures on the S&P 500 and Nasdaq. X The stock market rally posted strong gains in the holiday-shortened week. The Dow Jones hit a seven-month high. But the S&P 500 index reached its 200-day moving average, a key resistance zone. Several economic reports …
Strong market rally, but here’s why you should be careful Read More »
