by Michael Markowski | Jul 8, 2018 | alerts, archive, Markets/Economy
The foundational support for the US stock market is now quicksand. According to recently released data pertaining to shares and ETFs investor the churn rate for the markets has increased significantly. More than $2.9 trillion worth of the shares of the S&P 500’s...
by Michael Markowski | Jul 6, 2018 | alerts, archive, Tesla
Tesla shares traded as high as $361.50 on July 2, 2018. This was after its founder Elon Musk declared that Tesla was finally a “real car company”. The declaration was prompted by Tesla’s meeting its goal to produce 5,000 Model 3 sedans per week for the quarter ended...
by Michael Markowski | Jul 3, 2018 | alerts, archive, Crashes, Markets/Economy
A high reading for the “Main Street Meter”, a stock market gauge that was developed by institutional investor James Paulsen of the Leuthold Group is indicating that the stock market will go much lower. Readings for the meter are calculated by dividing the consumer...
by Michael Markowski | Jun 29, 2018 | alerts, archive, Secular Bulls/Bears
On Tuesday of this week General Electric, the oldest of the 30 members of the Dow Jones Industrial (DJIA) average was replaced by global drugstore chain Walgreens Boots Alliance. General Electric was one of the original dozen companies which comprised the Dow Jones...
by Michael Markowski | Jun 25, 2018 | alerts, archive, digital tax, Digital Tax Impact, Markets/Economy
The more than 1.3% declines for the Dow 30 and the S&P 500 and the 2.0% decline of NASDAQ today were caused by last week’s digital sales tax ruling by the US Supreme Court. The mainstream financial media has blamed today’s decline on trade. Since the ruling the...
