Monday: Wall Street started the week in negative territory due to rising treasury yields and concerns about upcoming economic data. The Dow, S&P500, and Nasdaq fell by 0.9%, 1.0%, and 1.2%, respectively. Tuesday: A tech stock rebound helped the Major Indices recover from Monday’s losses. The Dow gained 0.3%, the S&P500 increased 1.0%, and [...]
Written by: Angela Akers Q3 Earnings season kicked off in earnest Friday with a couple of the big banks up to bat; JPMorgan Chase (JPM) and Wells Fargo (WFC). JPM beat on both the top and bottom lines, while WFC beat on earnings, but revenues were in line with expectations. Next Tuesday, we’ll see [...]
There has been much discussion in the media recently about how the Federal Reserve (the Fed) has successfully managed to direct the U.S. economy to a soft landing. But what does that actually mean and, ultimately, how does that impact investors? Here, we find out. What a soft landing looks like In economic terms, [...]
Monday: The Major Indexes began the week in positive territory as dovish comments from the Fed boosted sentiment. The Dow added a modest 0.04%, while the S&P 500 and Nasdaq both picked up 0.4%. Monday's trading also marked the end of September and the third quarter, in which all the Major Indexes experienced gains. [...]
Written by: Angela Akers Relevant information causes stock prices to rise and fall. Relevant information is any news that causes the perceived value of a stock to rise or fall. There was a barrage of relevant information this week. Fed Chair Powell’s speech Monday noted the economy is strong and that “significant progress” has [...]
Monday: The Major Indices started the week in positive territory with investors keeping an eye on the upcoming Personal Consumption Expenditures report. The Dow rose 0.2%, the S&P 500 gained 0.3%, and the Nasdaq added 0.1%. Tuesday: China's new stimulus plan helped boost sentiment despite lower-than-expected housing data, leading to another day of gains. [...]
Written by: Angela Akers In last week’s “Special Presentation,” Mr. Steve Chappell discussed and demonstrated the efficacy and effectiveness of the VectorVest RealTime Derby. The Derby analyzes, sorts, ranks and graphs the second-by-second performance of 169 portfolios. It tracks each portfolio’s performance from the current day’s opening bell and displays the results from the [...]
Last week, the Fed made a 0.5% cut to its rate. Its decision meant that one of the most highly anticipated monetary policy decisions was finally made. In fact, it came many months later than the market had thought; at the end of last year, investors believed a cut would arrive as soon as [...]
Monday: Wall Street struggled to find direction as investors anxiously awaited the upcoming Federal Reserve announcement. The Dow gained 0.6%, the S&P500 ticked up 0.1%, but the Nasdaq slipped 0.5%. Tuesday: It was another mixed day for the markets. The Dow edged down by 0.04%, while the S&P500 increased by 0.03%, and the Nasdaq [...]
Written by: Angela Akers The Federal Reserve delivered a 50-basis point rate cut this week, which was unexpected until a few days ago. Fed Chair Powell was clear that the Fed is “committed to maintaining” economic strength. The heftier-than-anticipated cut came in the wake of a revision to the jobs data and concern over [...]
