Previous 10 | Next 10 |
The month of compromise has delivered two so far. OPEC+ agreed on output targets for next year while the EU27 gave their backing to the 2021-27 budget and recovery fund. That just leaves Brexit and US fiscal stimulus outstanding, with a positive outcome in both cases making this a rat...
It's that time of year when Wall Street analysts start trotting out the predictions for earnings growth and stock market targets for the coming year. Unfortunately, each year these overly optimistic estimates are ground down as the year progresses. Next year will be no different a...
Below is a graph of 4 ways of measuring the downturn in the labor market due to the pandemic. Note that the two jobs measures from the two component surveys track similarly. They are currently down -5.7% and -6.5%, respectively, from their February peaks. If there is not a double-...
As COVID-19 vaccines start to roll out in the West, the prospect of economic recovery strengthens. Many risks continue to lurk, of course, but for the first time since the pandemic started, there are tangible signs of light at the end of the tunnel. The pandemic seems likely to ge...
The payroll report for November 2020, like those of the previous four months, have only further corroborated and confirmed the untimely death of the recovery. Since actual recovery can take only a "V" shape, the end of the "V" necessarily means the end of recovery. In the twisted worl...
The problem is that the stimulus does not create organic, sustainable economic activity. Stimulus only pulls forward future activity into the present, leaving a future void to fill. Currently, the market is extremely "one-sided" as investors chase markets. It is at these points in...
November non-farm payrolls gained 245,000, only about half the mean forecast - and down from October's 610,000. It was the weakest job growth since April's employment debacle. U.S. equities rallied on the disappointing news. Bad news has never been more positively received by the stoc...
Wall Street's rally is a reflection of a weakening U.S. dollar. Investors are using equities to hedge against coming inflation. The bull market may sputter next year if dollar weakness persists. For further details see: Equities Are Now A Weak Dollar Play
Record retail participation in the stock market indicates euphoria. Goldman Sachs stated that U.S. equity markets are valued at 92% across aggregated valuation methods. High debt and unemployment, low economic growth, and rising costs have created a stagflation trap similar to the...
Despite three consecutive Monday announcements of "potential vaccines," an agreement by President Trump to allow the "Biden Transition" to begin, and a holiday-shortened trading week that left the "inmates in charge of the asylum," the market hasn't done much with it. Unfortunately, a...
News, Short Squeeze, Breakout and More Instantly...
Invesco Russell Top 200 Equal Weight Company Name:
EQWL Stock Symbol:
NYSE Market:
2024-05-20 17:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-10 17:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-04-21 04:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...