Markets have recently been on a subdue rally where in the past 3 weeks it has yet to hit a new historical high. However, both the S&P 500 and Dow Jones (DIJA) came close to hitting all-time highs. On Friday, the S&P 500 index came in above 4232 while the Dow hit near highs at +34,777. There has b...
Stocks had a strong rally this week with small caps (Russell 2000) and tech stocks (Nasdaq Composite) leading the charge. As we discussed last week in our blog, we saw several signals turning bullish that could help push the market up. As of now, the 10-year Treasury is trading in a narrow range o...
If you are an investor, it certainly has been a bumpy ride for the past couple of weeks. Markets have been quite volatile. For the first three days of this week, the bears were ready to call a market correction. Only until Thursday and Friday did the bulls come out to try to hold up the 50 DMA. ...
Since late last year, we have been blogging about the continued strength of the market and the economy. Domestically, the economic recovery is well underway with our expectation that global economies getting ready to reopen and help kickstart the economic global expansion. Global PMI data is comin...
Earnings are coming in strong for April and this upcoming week will be where we see results from big tech such as Apple (AAPL), Facebook (FB), Tesla (TSLA), and Amazon (AMZ). The S&P 500 is hovering north of 4100 and there has been a lot of discussions lately with overvaluation, market tops, and ex...
Earnings are coming in strong this week with Q121 S&P 500 EPS jumping over 400 bps. Interestingly enough, the PE ratio is currently sitting around 22.7x. It is currently lower than where it was at during year-end 2020 (23.6x) - all the while the S&P 500 is up more than 10% YTD 2021. Also, let's t...
The S&P continues its march to all-time highs. Back in December, we discussed the high probability that the S&P 500 would ascend into the 4000 marker. That trajectory came into fruition last week. But you as an investor may have missed it because you were busy listening to all the news regarding ...
Stocks finished Q121 with head whipping volatility and concerns over market bubbles, market correction, and inflation worries. We discussed a few of it already in our prior blogs. With all the headline noise, there is still a simple fact in the market right now. The S&P 500 has gained over 5.5% f...
After yet another manic week, the S&P500 and Dow Jones marched ahead hitting all-time highs to close out the week. Small-caps and the Nasdaq are lagging behind after being the big winners from the March 2020 lows. The first quarter of 2021 has been a case of volatility in the market but we are sit...
For the past month, Covid concerns have been replaced by interest rates and inflation as the new worries for the financial markets. Even with all this wall of worries, the market has been able to hit new highs as of this week (all except the Nasdaq). The interesting bit here is that there also hav...
