The S&P 500 has approached the all time high of ~$3027 for the third time. Will it break out, or reverse down again? The key things to watch are; – Earnings results (60% of the S&P 500 has yet to report) – FOMC announcement on Wednesday, 10/30/19...
The degree of political uncertainty is at an incredible level. As a result, the S&P 500 is stuck in a channel, with the tension of a strong US economy, better than expected earnings, but this overhang of uncertainty. In this week’s video, I review the...
Here are the “Big Picture” items for the week coming up: 1) “Phase One” of China trade deal agreed to in principle – needs to be “papered.” >Caused market rally on Friday 2) Q3 earnings season in full swing >Watch Banks in particular >JPMorgan...
Traders should expect more volatility in the upcoming week. Here is the backdrop and upcoming events to be aware of: Backdrop -Last week’s volatility was driven by; slowdown in manufacturing and services, solid jobs and unemployment numbers -Overall global...
