Previous 10 | Next 10 |
PMI and ISM Services Indices Markit’s US Service Index may have bottomed, but I think it is a stretch to describe the bounce in activity as V-shaped. The rate of contraction in business activity eased in May, as states reopened their economies, with the index rising from 26.7 to 37....
On April 7, we made the following statement: "We have long believed that dividends are the linchpin tying individual investors and corporations together. With stocks careening all over the place, it would appear that traders and speculators are betting that companies will break this bond. W...
This chart is checked every 3-6 months. The "average, annual" return on the S&P 500 from 1/1/2000 is 5.91%, still below the 7% long term, post-WWII average (with a shout-out to all American vets the day after the anniversary of June 6, 1944.) The average, annual return as of 12/31/19 w...
For the S&P 500 (Index: SPX ), the biggest news of the week ending 5 June 2020 was the surprisingly positive jobs report that came out on Friday morning, which prompted the index to soar 2.6% to close the week at 3,193.93 . This level is 956.53 points (42.7%) above where the ind...
The Architectural Billings Index ("ABI") is a diffusion index that tracks growth in billings for design work at architectural firms from month to month across the United States. It is computed from survey responses from thousands of architectural firms throughout the U.S. who are asked to repo...
The U.S. equity indexes are in overshoot mode. No one, even the bulls, expected or called for a new record high on the Nasdaq 100 ( QQQ ) back in March after the equity markets bottomed. The form of the economic recovery is still uncertain, but despite Friday’s Non-Farm Payrolls number,...
I always describe the stock market as a temporal conundrum. What I mean by that is that the stock market is basically a perpetual instrument whose future cash flows are unknown, so its price movements end up looking like a series of random guesses about the future. Sometimes it makes overly op...
NEW YORK (June 5th) - The May jobs report stunned the market, printing up 2,509,000 new jobs, obliterating a consensus estimated loss of 8,000,000 jobs. Revisions for March (-492,000) and April (-150,000) netted an additional 642,000 fewer jobs. The DJIA responded by jumping about 700 po...
By Sonal Desai, Ph.D., Chief Investment Officer, Franklin Templeton Fixed Income After the shock of COVID-19, when will the global economy return to a sense of normalcy? Franklin Templeton Fixed Income CIO Sonal Desai examines some key economic activity indicators in the wake of the pande...
While the Nasdaq is within tangible reach of its all-time highs and the S&P 500 is closing in on going positive YTD, bullish sentiment has continued to pick up. AAII's weekly survey of investor sentiment showed 34.55% of respondents reported as bullish this week, which is up from 33.07% la...
News, Short Squeeze, Breakout and More Instantly...
PortfolioPlus S&P 500 ETF Company Name:
PPLC Stock Symbol:
NYSE Market:
NEW YORK , Aug. 28, 2020 /PRNewswire/ -- Direxion continually reviews its product range to ensure it's meeting the needs of our clients. Based upon a recent review, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close 15 ETFs (each, a "Fund" and c...