14-01-2021
The NASDAQ gained 0.43% (or about 56 points) to 13,128.95. The FAANGs were all positive on the day, especially Netflix (NASDAQ: NFLX, +2.7%), Apple (NASDAQ:AAPL, +1.6%) and Amazon (NASDAQ:AMZN, +1.4%). The S&P advanced 0.23% to…
18-12-2020
A more sober mood settled on markets today amid fresh U.S.-China tensions and little progress on a federal spending deal in Washington. The dollar rose for the first day in five. S&P 500 futures steadied…
17-12-2020
gold expected to test very minor resistance at last week’s high at 1875. A break above here is a buy signal targeting strong resistance at 1888/92. Watch for a high for the day, so worth…
16-12-2020
Historically, there have only been two periods to examine ultra-low rate phenomena. The decade of the 1940s and the most recent 10-year period. In the 1940s, stocks were priced at exceptionally inexpensive levels on items…
15-12-2020
After a positive set-up on Friday, a disappointing end and a poor start for the week because of the markets finishing, near the lows. The NASDAQ gapped higher and did at least hold on to its gap…
14-12-2020
The Federal Reserve is not likely to follow the example of the European Central Bank when policymakers meet this week by announcing a big increase in bond purchases. It’s tricky, as the ECB found, to calibrate an amount…
11-12-2020
Stocks around the globe have been off to the races since March. Call it a liquidity fed, momentum-driven rally that has sent companies with the fastest earnings growth rates to some of the highest valuations…
10-12-2020
Dividend investing requires a different investment philosophy. You become a partner in companies that you believe will continue to provide income through regular payouts. Once you buy these stocks, you hold them over the long…
09-12-2020
2020 has turned out to be a blockbuster year for initial public offerings. The Renaissance IPO ETF (NYSE:IPO)—which tracks a basket of recently listed U.S. companies—rallied a whopping 114.6% year-to-date to reach a series of new…
08-12-2020
Both are overbought, but for speculators looking for a final chance of a breakout in precious metals, such technical might not matter. What would matter is if gold got to $1,900 an ounce, then charts…