Data released today by the U.S. Department of Commerce indicate that sales at U.S. retail stores rose sharply during September. Specifically, that data indicate that U.S. retail stores rose during September, on a seasonally-adjusted basis, by 1.7%, as compared to the prior month, and by 3.9%, as compared to the same month a year ago. […]
As you probably know stock prices in general moved in a volatile sideways range over approximately the past five weeks and, looking forward, I expect stocks to continue to trade in a volatile sideways range until the final results of the Nov. 3rd U.S. elections are announced. And that’s because there’s a lot of uncertainty […]
Gold! Gold! Gold! Gold! Gold! How many times over the past few months have we heard so-called financial market experts tell investors and speculators to buy gold? A lot of times! But many of these so-called experts I would argue are not experts and the reason I say that is I’ve checked their financial market […]
Although I was initially convinced that President Trump would be reelected in a landslide, his pathetic performance during the first presidential debate on September 29 now has me, and many other people, concerned about his chances for reelection. Due to that uncertainty, and the fact that the readings on several economic indicators suggest that the […]
Space…the final frontier. When the creators of “Star Trek” first wrote down those words, the world could hardly imagine just how true this mantra would become. Improved science and declining technology costs have opened a door to the market that was once thought closed — space businesses. According to Morgan Stanley, the global space market […]
What equity strategies have been working this year through the end of the third quarter, and what strategies have not? A major investment wirehouse firm regularly publishes research on this, and I summarize and add my comments in this article. Below are two chart boxes, the top one showing the relative outperformers and the bottom […]
Equity markets over the past month have been on a rollercoaster. At the end of August the S&P 500 was at an all-time high, and the Dow Jones Industrial Average was just 4% from an all-time high. Markets weren’t being driven strictly by hopes for a Covid-19 vaccine either. After seeing gross domestic product (GDP) […]
As you know it is not easy to predict the future, nor the kind of stock market swings or volatility that occurs every year, though some years more extreme than others. Bear in mind that before the COVID pandemic that caused the market to crash or sink 35% back in March 2020 has only happened […]
It has been well documented that much corporate debt has been downgraded by the rating services over the course of this pandemic slowdown. However, the actual data shows it not occurring at quite the rate many had predicted at the start of this current slowdown. The data also shows that the level is not at […]
RealDaily’s Bob Iaccino recently appeared on the Alpha Trader podcast (available here). Co-founder of PureXposure Growth Series and Chief Strategist at Path Trading Partners, Bob writes The Stock Think Tank newsletter for RealDaily. Among the topics discussed in the podcast: Markets seem to have shaken off negativity for now Bob remains a dollar bull He […]
