Tag: economic data
Sector ETFs To Buy In November
Terrorism struck the civilized world again over the weekend. This time the attackers hit Paris. The horrific events and loss of life are tragic. My heart goes out to those that have been impacted by these events. Needless to say, terrorism is back at the top of the agenda for world leaders. I hope for […]
Industrials And Health Care Lead Market Rebound
Over the last week, the S&P 500 has shaken off geopolitical concerns and moved 3% higher. Amazingly, the S&P 500 survived another pullback without breaching the 200-day moving average. In fact, the large cap index has been above this key support level for a record 435 trading days. That’s the longest stretch for the S&P […]
Industrial Sector Breakdown
We’re right in the thick of 2nd quarter earnings season. So far, companies in the S&P 500 have done a good job of beating analysts’ revenue and earnings estimates. At the end of last week, 78% of the companies in the S&P 500 that had reported beat earnings per share estimates. And today’s GDP report […]
Utilities Sector Is Overvalued
Stocks have enjoyed a nice move to the upside this year as the economy improves, interest rates remain low, corporate earnings are strong, and stock buybacks have expanded. Coming into this week, investors’ risk appetite hadn’t changed much over the last few months. Investors are positioning themselves for an upturn in economic growth. And last […]
Don’t Be Afraid To Be Optimistic
Over the past few weeks, investors have had a lot of information to digest. There’s been the usual economic data. The most troubling was the revision to US GDP that said the US economy actually shrunk at an annualized pace of 2.9% in the first quarter… the biggest drop since 2009. The main reason for […]
