We’re starting this week with oil prices continuing to rise in the face of the “inflation is transient” crowd, and with tons of earnings to watch for the week of Oct. 18. Adding to the market jitters on Monday morning was a rise in interest rates and the 10-Year...
The stock market can’t make up its mind. We’re down one day, rallying the next and back down again. The S&P 500 is trading below its 100-day moving average for the first time since the end of October 2020… That said, we’re only 5% off record highs. When we look at...
I’ve spent a good amount of time on Wall Street. If you’ve followed me for any length of time, then you know that. But what many people don’t know is I spent a large amount of that time focusing on trading international stocks — which is why I’m so engaged in the...
This morning I had the opportunity to sit down with the crew over at Cheddar News to talk about the economy, consumer spending and sectors with highest growth potential for the rest of 2021.Watching the economy reopening over the past several weeks, it’s tough to deny...
The S&P 500 looks strong right now. But once you take market capitalization and its equal-weighted fund into account, the index is actually neutral. Large caps are grossly overbought and the market is fragmented. So I’ve identified four pullback stocks showing...