The Week Ahead: Can Non-Tech Stocks Join the Rally?
We face additional headwinds this week, but I also continue see many reasons to be bullish.
One Thing Republicans and Democrats Agree On: The Economic Outlook Has Declined
Final September UMich read shows consumer sentiment sinking to a four-month low as inflation expectations rise.
Amazon Faces 1 Big Obstacle Before Becoming a Buy
Amazon sports three wide moat businesses and almost universally positive analyst coverage. So why isn’t it a buy?
Flat Durable Goods Orders Mask Robust Business CapEx
A drop in transportation orders offset another month of strong core orders.
Another Day of S&P 500 Losses Saved By Iran Deal Headline
Rumors of a potential deal to open the Strait of Hormuz lifted stocks out of the red, but another rise in yields and oil prices kept them under pressure.
New Home Sales Unexpectedly Jump as Average Prices See Record Drop
August new home sales beat every forecast on a shift to lower priced homes. The average new home price fell $47,700 in a single month, the largest dollar drop on record.
Nvidia Is the Cheapest It’s Been in a Decade. But Is It Cheap for a Reason?
Elite fundamentals, a decade-low multiple, solid technicals, and analyst enthusiasm all point the same way. So why don’t I own more?
Unemployment Claims Pinned Near Historic Lows
Initial unemployment claims sit below 200,000 for only the eighth time since 1969.
Stocks Tumble as Yields Surge
A jump in yields to fresh multi-year highs cascaded through markets Wednesday.
US Flash PMIs Surge to 5-Year Highs
‘US business continues to boom…..the latest survey data point to annualized growth of around 5% with a 4% gain now signalled for the third quarter as a whole.’