by Jesse Colombo | Jan 24, 2019 | alerts, Markets/Economy, Secular Bulls/Bears
The global elite are meeting in Davos, Switzerland this week and are richer than ever. Bloomberg reports – World Economic Forum Attendees mingle between sessions in Davos, 2009.Photographer: Adam Berry/Bloomberg A decade after the financial crisis poured flat...
by Jesse Colombo | Jan 4, 2019 | alerts, Markets/Economy
The U.S. stock market surged on Friday after a strong jobs report and dovish comments from Fed chair Jerome Powell. The Dow jumped 764.94 points or 3.29%, while the S&P 500 rose by 84.05 points or 3.43%. Unfortunately, despite the mainstream investing crowd’s...
by Jesse Colombo | Jan 3, 2019 | alerts, Markets/Economy
Apple stock plunged nearly 10% on Thursday after the company cut its revenue forecast due to slowing iPhone sales in China. Apple’s woes dragged U.S. stock indices lower by more than 2% as fears of a more extensive China-driven slowdown spread. From the New York...
by Jesse Colombo | Dec 21, 2018 | alerts, Markets/Economy
The much-anticipated December Fed meeting has finally come and gone, and the stock market did not like what it heard. The Fed raised rates by 0.25% and cut its expectation for 2019 rate hikes from three to two. Because the Fed didn’t sound as dovish as many investors...
by Jesse Colombo | Dec 18, 2018 | alerts, Markets/Economy
With all of the incessant market gyrations this year, most traders and investors are going into the end of the year extremely confused. The simple charts I’ve been watching and showing help to make sense of the noise and show a big picture point of view. In October,...