Last week, I was interviewed by Wall Street Journal about our predictions in the retail sector. This is undoubtedly one of the most volatile industry categories right now, with major disruptions from Amazon and other rising e-commerce players taking serious territory from brick-and-mortar retailers. On June 26, our models generated a buy signal for Best […]
Investors and analysts alike are in for an eventful next few days as the markets will balance political turmoil in Washington with Fed Chairwoman Janet Yellen’s Congressional testimony. Recently released emails around Donald Trump Jr.’s 2016 meeting with a Russian government lawyer to discuss ‘incriminating’ documents about Hillary Clinton will likely rattle the administration’s policy […]
Market participants have a sparse amount of economic indicators to inform activity at the start of this week, so risk-assets are under scrutiny against the potential effect of hawkish central bank commentary on bond yields. Crude oil markets are also in focus, with uncertainty around prices being able to pull out of a recent downturn. […]
Investor sentiment has been drawing cues from economic data and underwhelming inflation rates, which have seemed to work against the hawkish commentary from the Fed. The Federal Reserve has an 2% inflation target, which has yet to be seen amidsts recent economic data. Other factors contributing to today’s movements is the drastic downturn in crude […]
Just ahead of the Fourth of July holiday, a shortened session of trading is seeing a round of gains in the Dow Jones Industrial Average index. The Dow hit an intraday record at 21,546.82. A satisfactory report on manufacturing data has also boosted market sentiments, following a series of underwhelming economic data in past weeks. […]
Major U.S indexes are rebounding from a significant drop in the previous trading session, with financials notching in as top performers. A delay has been set for voting on the Trump administration’s health care bill until July 4, which is reviving investor uncertainty around passing further agenda items by President Trump. A highly anticipated infrastructure […]
Major U.S indexes are trading choppy, a departure from pre-open positivity, after a durable-goods report disappointed investors. Technology shares have also turned downward, and a short-lived crude oil rally struggled to maintain. Investors have been largely interested in stocks in light of very low bond yields, but have been looking to oil and economic data […]
Major U.S indexes are seeing mixed performance today as investors see more slumps in tech shares, amidsts analyst concerns that we may be seeing another bubble for the beleaguered sector. After a 20% drop into the bear-market on Tuesday, crude oil prices are starting to build back up following indications from OPEC that more output […]
In early trading today, the Dow met an all-time high, climbing to 21,457.1. The S&P 500 had also moved within striking distance of an intraday record. Previously suffering tech shares are seeing a rebound, which is helping to push major indexes higher. Investors and analysts alike are keeping track of this sector amidsts concern around […]
U.S indexes are fluctuating between gains and losses today as investors anticipate a Fed rate hike announcement while digesting disappointing economic data. Inflation and retail sales for the month of May was not as expected, so there is movement into safe-haven assets. The U.S dollar also lost some strength due to those reports. Federal Reserve […]
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