Oil futures are up over 10%, the S&P 500 is down and Gold is spiking. Here is this weeks market update with discussion and analysis of these events and what to watch for. As always, I welcome your questions, comments and feedback....
It is all about tariffs! The latest round of US tariffs on additional goods from China went into effect today. Overnight S&P 500 Futures are down about .60% right now. We should expect the market to open down, after the Labor Day Holiday, on Tuesday, 9/3/2019....
Big Picture Right Now: 8/18/2019 ANOTHER wild ride on the indexes last week – expect to continue -Breaking news can and will cause volatility -China trade, Hong Kong, Iran, North Korea, etc. Complicated week for planned news -FOMC meeting minutes will be released on...
Big Picture Right Now: 8/11/2019 -Wild ride on the indexes last week – expect to continue -No news on China trade deal, yet -Will Yuan stabilize? How about the Dollar and the inverted yield curve? -What about Iran . . .? This coming week -Q2 earnings winding down,...
Big Picture Right Now: 8/4/2019 Pullback on S&P 500 and other indexes – is this the “big one?” Tariff’s increased on China, what sector opportunities? What about Iran . . .? The Fed raised rates – Once – for now This coming week -Q2 earnings continues -Economic...
Busy week coming up! Here is the “Big Picture” right now and things to watch for: -More new highs on S&P 500 – for now -Still no deal with China – delegation heading to Shanghai this week -What about Iran . . .? -FOMC meeting July 30-31. Expectations...
Big Picture Right Now: 7/21/2019 Indexes pulling back– for now -Still no deal with China -What about Iran? -FOMC meeting July 30-31 This coming week -Q2 earnings continues -Earnings growth slowing? Watch closely This weeks video: As always, your questions, comments...
Big Picture Right Now: 7/14/2019 Record highs on indexes – for now *Still no deal with China *What about Iran? *FOMC meeting July 30-31 This coming week *Retail Sales, housing starts, Q2 earnings blizzard begins *Notable earnings this week; SCHW, C, JNJ, GS, MPS, DPZ,...
Big Picture Right Now: 6/23/2019 1) China trade deal up in the air –G20 Summit begins on June 28 2) Tensions with Iran continue 3) S&P 500 showing potential reversal 4) Tech sector still showing weakness 5) Energy, Utilities and Metals showing strength This coming...
Big Picture Right Now: 6/16/2019 China trade deal up in the air – nothing planned until G20 Summit on June 28/29 Tensions with Iran continue S&P 500 showing weakness – watch for reversal Broadcom leading chips down – tech sector short opportunities Consumer...
