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Thread: Market News

  1. #2233

    Join Date
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    Default Re: Market News

    Why a sideways stock market could indicate the highs are yet to come

    Major indexes sit a percentage point or two away from all-time highs as stocks flip between small gains and losses on Monday, but over the past 12 months the market has advanced only modestly—feeding the notion among some investors that equities may be in the process of putting in a top for the cycle, said Joseph LaVorgna, chief economist for the Americas at Natixis, in a note.
    Bears contend the stock market’s

    largely sideways action over the last year signals a top may already be near, if not already established. But that would be out of keeping with recent history, says one economist.

    But there’s a rub, he said. “Some investors have speculated that the market might be topping out ahead of a possible U.S. slowdown over the next year,” LaVorgna wrote. “However, this would be very unusual, as equities have always had a double-digit rally before the economy experiences a downturn.” (See table below.)[more]

    https://www.marketwatch.com/story/wh..._theo_homepage



    02/19/2020
    CRUDE Oil =
    $53.29 a Barrel, Daily Status +$1.24

  2.  
  3. #2234

    Default Re: Market News

    Dow drops 250 points after disappointing services economy reading

    The Institute for Supply Management said its reading on the U.S. services sector fell last month to its lowest level level since August 2016. Earlier this week, ISM posted its weakest reading on the manufacturing sector in more than 10 years, sparking fears of an economic recession.
    https://www.cnbc.com/2019/10/03/us-f...ower-open.html

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  5. #2235

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    Default Re: Market News

    Powell says the Fed will start expanding its balance sheet ‘soon’ in response to funding issues

    Weatherweenie's Account Talk
    Expected retirement date: November 2023

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  7. #2236

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    Default Re: Market News

    China says it has agreed with the US to cancel existing trade tariffs in phases

    https://www.cnbc.com/2019/11/07/chin...nt-phases.html
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

  8.  
  9. #2237

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    Default Re: Market News

    Quote Originally Posted by weatherweenie View Post
    China says it has agreed with the US to cancel existing trade tariffs in phases


    https://www.cnbc.com/2019/11/07/chin...nt-phases.html
    So, I gotta ask the question:

    Why should any of us believe a press conference "partial" deal announcement from the Chinese communist guy, when our own trade negotiators are silent?

    Just asking- I really see nothing here other than an attempt by Chinese agents to try and kick start ANYTHING, because nothing is working so far.

  10.  
  11. #2238

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    Default Re: Market News

    Trump says the US has NOT agreed to roll-backs of tariff policy.

    See? You can't believe the communists. (Or Trump, for that matter).


    Rollback of China tariffs faces fierce opposition in the White House


    • An agreement between the U.S. and China to roll back existing tariffs as part of a “phase one” trade deal faces fierce internal opposition in the White House and from outside advisers.
    • Chinese officials said earlier on Thursday that tariff reductions had been agreed, and a U.S. official confirmed that was the case early Thursday afternoon.
    • The Chinese Communist Party is trying to “re-trade” the agreement, said Stephen Bannon, former White House adviser. He added that rolling back earlier tariffs “goes against the grain” of the original October agreement.

    More:
    https://www.cnbc.com/2019/11/08/roll...ite-house.html

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  13. #2239

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    Default Re: Market News

    Dow futures fall more than 250 points following attack on airbase in Iraq

    https://www.cnbc.com/2020/01/08/stoc...k-in-iraq.html
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

  14.  
  15. #2240

    Default Re: Market News

    Quote Originally Posted by weatherweenie View Post
    Dow futures fall more than 250 points following attack on airbase in Iraq4
    No share prices yet from the TSP (about 30+ minutes late) who are probably trying to figure out where to price the F and I funds today with this after hours activity.

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  17. #2241

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    Default Re: Market News

    • December’s payroll and wage growth missed expectations, according to the Labor Department.
    • Nonfarm payrolls increased by just 145,000 while the unemployment rate held steady at 3.5%.
    • Economists surveyed by Dow Jones had been looking for job growth of 160,000. The jobless rate met expectations for staying at a 50-year low.
    Weatherweenie's Account Talk
    Expected retirement date: November 2023


  18.  
  19. #2242

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    Default Re: Market News

    Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirus

    https://www.cnbc.com/2020/02/17/appl...-in-china.html
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

  20.  
  21. #2243

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    Default Re: Market News

    Walmart earnings miss as holiday season disappoints, outlook falls short of estimates

    https://www.cnbc.com/2020/02/18/walm...-earnings.html
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

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