Re: McDuck's Account Talk
McDuck, good article, thanks for posting! Glad to see your new account talk thread, and I got reply #1 :D
Re: McDuck's Account Talk
Investors are hoping the second half of 2016 will look nothing like the first six months.
https://www.thestreet.com/story/1360...f-of-2016.html
"expect more uncertainty."
"Wells Fargo's price target on the S&P 500 is 2,190 to 2,290. The index trades near 2,115, implying 3.5% to 8.3% upside. The broad index is close to its record high of 2,134, reached in May 2015."
Re: McDuck's Account Talk
Welcome, Olympic Tourists, to Brazil. Please Don’t Mind the Mess
Welcome, Olympic Tourists, to Brazil. Please Don
"games begin Aug. 5"
"Rio state missed debt payments last month and is delaying public-worker salaries after oil prices collapsed, a primary source of revenue."
"The state also slashed its security budget by 32 percent this year and has delayed payments to police and their families. New equipment police expected for the games never materialized"
Re: McDuck's Account Talk
Oil prices are heading back down toward $40. Here’s when: Analyst
http://www.cnbc.com/2016/06/10/oil-p...n-analyst.html
"Oil futures have rallied more than 90 percent to about $50 a barrel since their winter lows, but Smith said Friday the market is missing something in China.
"China is importing so much crude, it's absolutely insane. They're importing about a million barrels a day more than they are actually consuming,""
"In theory, China could hit capacity in 20 to 30 days, at which point imports will "drop off a cliff," "
Re: McDuck's Account Talk
Stock traders wake up to Brexit fears as Fed gets set to meet
http://www.cnbc.com/2016/06/10/stock...t-to-meet.html
"We would not be surprised to see a 5 to 10 percent [stock market] pullback in the next couple weeks, maybe ahead of the Brexit vote,"
"world that already has more than $10 trillion in negatively yielding debt"
"Brexit has been a concern in markets, he sees a less than 50 percent chance the U.K. would exit the EU. "If it does occur, because it will be long and drawn out, the markets will probably overreact and present an opportunity for people who have dry powder,""
"S&P could trade back down to 2,050 or lower. "We could easily see 2,000, but I don't see it getting to 2,200," he said."
Re: McDuck's Account Talk
Quote:
Originally Posted by
McDuck
Welcome, Olympic Tourists, to Brazil. Please Don’t Mind the Mess
"games begin Aug. 5"
"Rio state missed debt payments last month and is delaying public-worker salaries after oil prices collapsed, a primary source of revenue."
"The state also slashed its security budget by 32 percent this year and has delayed payments to police and their families. New equipment police expected for the games never materialized"
Also watch for the giant ZIKA Skeeters!!!:D
Re: McDuck's Account Talk
ZIKA Skeeters....sounds like a great roller derby team..:D:D:D
FS
Re: McDuck's Account Talk
The Most Pessimistic Bull Market in History
The Most Pessimistic Bull Market in History - WSJ
"So far, opting for the least exciting companies has worked brilliantly. The utilities sector is up 16% this year, beating all four of the racy “FANG” tech stocks ( Facebook, Amazon, Netflix and Google) which led the market last year. Consumer staples are up 5.7%, against the overall index being up less than 2%, and the dull telecom sector has gained 14%. All three also offer fatter dividends than the market"
"The Russell 2000 index of small-capitalization stocks last week caught up with the S&P for the first time this year, although it remains a 10th below last summer’s high"
1 Attachment(s)
Re: McDuck's Account Talk
Quote:
Originally Posted by
McDuck
S&P close at 2,079 today.
Attachment 38519
Re: McDuck's Account Talk
Re: McDuck's Account Talk
There's an odd disconnect between the fear index and the market
http://www.cnbc.com/2016/06/14/there...he-market.html