PPLC News and Press, PortfolioPlus S&P 500 ETF From 09/21/20

The S&P 500 is on notice as the 50-day moving average has been breached and sentiment rolls over from bullish extremes. Given where some of the tactical indicators usually end up (down) during a correction, it looks like we could have further to go on this one. Meanwhile, ther...

We have a light economic calendar with important data on home sales, jobless claims, and durable goods orders. None of these is likely to stimulate higher heartbeats. I expect politics and the election to get plenty of attention in the financial media, especially with an open Supreme Court s...

All three major stock market indices completed three consecutive weeks of falling today as we head into fall next week. The NASDAQ, as you see in the opening graph, has set up a clear trend of perfectly aligned closings this week. This summary of the market in September - the bullseye for my...

On 16 September, the Federal Reserve surprised many observers by releasing new forward guidance on interest rates earlier than anticipated. This follows another earlier-than-expected release of its framework review conclusions during the Jackson Hole symposium last month (for details, see our ...

S&P 500 earnings data (courtesy of IBES data by Refinitiv) continues to show positive sequential increases in weekly S&P 500 earnings estimates for various time frames, which is usually a good thing. The correction being seen in the US equity market - at least so far anyway - isn't s...

In this article, I’ll be talking about the extreme concentration driving the S&P 500 index and the five mega-tech stocks that have given rise to the index’s forbidding valuation. I’ll also be letting you know about enticing value stocks that can reduce portfolio risk a...

By Robert Hughes Initial claims for regular state unemployment insurance totaled 860,000 for the week ending September 12, down 33,000 from the previous week's upwardly revised tally of 893,000 (see first chart). The latest week is the lowest level since the implementation of lockdowns in ...

By Brian Levitt, Global Market Strategist History suggests waiting until a new president’s policies take shape hinders rather than helps long-term results. I was recently giving my usual spiel to clients about the importance of staying the course with their investments throu...

My take on this is a bit different. I think businesses are anticipating a slowdown and cutting inventory ahead of it. Reported this morning with August Retail Sales is data on Inventory/Sales ratio from July. While a lagging indicator and not historically a good indicator of future economic ...

By Robert Eisenbeis, Ph.D. The BLS Job Openings and Labor Turnover Survey (JOLTS) data come out with a lag, so we are now just getting a look at the July numbers. They do, however, help fill in some of the labor dynamics that are occurring within the economy as we adjust to the COVID-19 pa...