How did COVID-19 impact Q2 results and guidance?
The Nasdaq composite rallied 4% last week, and as we have discussed in recent notes, the S&P 500 and Dow industrials underperformed on a relative basis for three months. The […]
The Nasdaq composite rallied 4% last week, and as we have discussed in recent notes, the S&P 500 and Dow industrials underperformed on a relative basis for three months. The […]
On Tuesday of last week, the international trade data for November was released and it was encouraging. As you likely remember, October’s initial reading was a better than expected $-47.2 […]
US markets were closed for Presidents Day. From the standpoint of the economic calendar this week, Thursday should provide the lion’s share of the economic data investors are most eager to […]
In a perverse turn of events last week, large-cap banks reported Q1 results on Friday morning and largely beat consensus expectations for EPS and revenue growth, but fell victim to […]
GDP keeps Fed timetable on track on rates and balance sheet. Click Reuters TV (4:28) Follow: @freddiethekat
Stocks fight for gains, banks lead the way ~ The Dow and S&P (^DJI, ^GSPC) claw back lost ground, nearly erasing last Wednesday’s losses. With the bulls back in charge, […]
As expected last week, the FOMC raised the fed funds rate by 25 bps on Wednesday and US equity markets posted a largely flat weekly performance. If not for an […]
As of last Friday’s close, the Dow Industrials brandish a P/E of 18.77, the S&P 500 is more expensive at 20.97 and the Nasdaq’s P/E is 33.18. In all three […]
As has been evidenced by the last seven days of trading, investors have stepped off the accelerator heading into year end. From the 15th of December though the close of […]
Published on Barrons.com – December 10, 2016 By Ben Levisohn Without something new to propel the stocks higher, banks remain at risk of a sharp pullback. The last time we […]