Have the markets sounded the “all clear”? Veteran trader and investor Gary Kaltbaum takes a look at recent price action in his latest column for TradingMarkets.com.
With the midterm election under way, Gary Kaltbaum offers his assessment on the current administration and the impact of a Republican victory.
Gary Kaltbaum gives his take on the market and it’s not only a cautionary tale for both buyers and sellers, but also a warning against dangerous driving.
Over many years the US equity markets have done better with a stronger dollar. But Kevin Haggerty doesn’t think the USD is rising because of a flight to safety. It’s just the best of the worst thanks to the spotlight shining down on Europe’s sovereign debt problems.
Are you bracing yourself for the secular bear market? Learn more about it from Kevin Haggerty, and see why hope and change may not be in your best interests.
Earnings season always gets lots of hype, and this one has been no different. This QTR was expected to be an easy comparison to Q4 (Recession of 2008), and it is as over 70% of reporting companies have beaten greatly reduced estimates due mostly to cost cutting and layoffs, but that is not the case for top line growth.
With the Fed keeping rates steady and Obama giving his State of the Union address in conjunction with Bernanke’s reconfirmation as Federal Reserve Chairman, there is plenty of market news for Kevin Haggerty to cover this week- and the politicians would probably rather he didn’t.
The markets continued to tread water for a third consecutive day on Wednesday. Buyers regained the upper hand in financials and technology, leading to higher prices for the iShares Dow Jones U.S. Financial Sector ETF, IYF, and the iShares S&P GSTI Semiconductor Index Fund ETF, IGW.
Major companies are reporting earnings Tuesday, causing a furor of anticipation around stocks like Yahoo, Caterpillar, and Johnson and Johnson.
Immediately following the Massachusetts election upset, Obama sent the market into turmoil with the announcement of his “bank attack” regulation proposal. See Kevin Haggerty’s comments on these latest market movers.