Fed Chairman Powell and President Trump have been competing for who can freak the market out most. Our contention for months has been that the Fed is the biggest risk to the market and economy and that surely seems to have come home to roost the past few months and this week.
Last month in our “Market at a Glance” we said that, “After nearly a decade at zero, a brief pause to evaluate the impact of recent hikes does not ...
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January has quite a legendary reputation on Wall Street as an influx of cash from yearend bonuses and annual allocations typically propels stocks higher. January ranks #1 for NASDAQ (since 1971), but sixth on the S&P 500 and DJIA since 1950. It is the end of the best three-month span and holds a full docket of indicators and seasonalities.
DJIA and S&P rankings did slip from 2000 to 2018 as both indices suffered losses in ten of those nineteen Januarys with ...
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It is the season for rallies, but not the Santa Claus Rally quite yet. As I reiterated once again earlier this week on my blog, the Santa Claus Rally is not any seasonal rally in the fourth quarter of the year or around yearend, it is the usual short, sweet, respectable rally Santa brings to Wall Street within the last five days of the year and the first two in January.
The Santa Claus Rally was discovered and named by ...
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January has quite a legendary reputation on Wall Street as an influx of cash from yearend bonuses and annual allocations typically propels stocks higher. January ranks #1 for NASDAQ (since 1971), but sixth on the S&P 500 and DJIA since 1950. It is the end of the best three-month span and possesses a full docket of indicators and seasonalities.
In midterm years, January ranks near the bottom since 1950. Large-caps have been the worst with S&P 500 and Russell 1000 ranking ...
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