They say a picture is worth a thousand words. The chart shows only Comm services, Tech, and consumer discretionary outperforming the S&P since the start of 2023. The chart shows the other eight other lagging behind the S&P 500. So which boxes are we to believe? Stay tuned!
For the first time in years, the U.S. markts lag:Japan’s Nikkei 225 hit its highest level since 1990. Meanwhile, Germany’s DAX 40 is close to a record high. US markets are at highs for 2023, but not even close to new lifetime highs. That's ok for now. The secular bull is intact.
With all due respect, America is NOT trying to mimic Japan or Italy. I find it interesting when the media implores America to act like European or Asian nations. NO, thank you! We like being the preeminent nation on Earth with the world’s reserve currency, thank you very much!
It's a busy week on the U.S. economic front, kicking off with the Labor Department's closely watched employment report on Friday that is expected to show non-farm payrolls increased by 195,000 jobs in May, after surging 253,000 in April. This one could be quite volatile. Watch!
Today, we celebrate the brave servicemen and servicewomen who died defending our country.This is a weekend filled with family get-togethers, pool parties, parades, and backyard cookouts. But the true meaning of this day is a much more solemn occasion. Thank you, dear Americans.
It was a great week for NVDA and the NASDAQ. The SPX, however, shows a relatively minor gain for the week and continues to be held back by lack of upside participation. For example, eight of its sectors ended the week in the red. I'll be wtaching this next week. See you on the 8th!
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They say a picture is worth a thousand words. The chart shows only Comm services, Tech, and consumer discretionary outperforming the S&P since the start of 2023. The chart shows the other eight other lagging behind the S&P 500. So which boxes are we to believe? Stay tuned!
For the first time in years, the U.S. markts lag:Japan’s Nikkei 225 hit its highest level since 1990. Meanwhile, Germany’s DAX 40 is close to a record high. US markets are at highs for 2023, but not even close to new lifetime highs. That's ok for now. The secular bull is intact.
With all due respect, America is NOT trying to mimic Japan or Italy. I find it interesting when the media implores America to act like European or Asian nations. NO, thank you! We like being the preeminent nation on Earth with the world’s reserve currency, thank you very much!
It's a busy week on the U.S. economic front, kicking off with the Labor Department's closely watched employment report on Friday that is expected to show non-farm payrolls increased by 195,000 jobs in May, after surging 253,000 in April. This one could be quite volatile. Watch!
Today, we celebrate the brave servicemen and servicewomen who died defending our country.This is a weekend filled with family get-togethers, pool parties, parades, and backyard cookouts. But the true meaning of this day is a much more solemn occasion. Thank you, dear Americans.
It was a great week for NVDA and the NASDAQ. The SPX, however, shows a relatively minor gain for the week and continues to be held back by lack of upside participation. For example, eight of its sectors ended the week in the red. I'll be watching this week.See you on the 8th!
Some great news: U.S. consumer spending appears to have increased solidly in April, with households boosting purchases at online retailers as well as spending more at restaurants and bars, signs of resilience in the face of growing headwinds to the economy. This helps the market!
How strong is the economy? How strong is the consumer? How expensive are stocks? The sly message from the "experts" is the economy and consumers are strong, but somehow the stock market should be a lower. Some of that thinking is based on assumptions about the FED's next move.
We are all prone to nodding in agreement with opinions when it dovetails with our own self-interest and beliefs. This is a serious issue for me because I am privileged to know and interview some of the best experts on a variety of topics. Thus, why I always go back to the data!
