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Stock prices rose again over optimism as the tax reform moves closer to reality
Stock prices, with the exception of tech stocks, rose again on institutional investor optimism that tax reform was moving closer to reality. Now that the Senate passed a bill over the weekend, will be interesting to see how much more of a rally occurs in December. ...
The five “FAANG” stocks are skewing the indexes to look much better than the overall market
Because they have a large weighted-average influence on the major stock market indexes, it’s getting to the point where the five “FAANG” mega stocks (Facebook, Apple, Amazon, Netflix and Google) are skewing these indexes to look much better than the overall market is...
Major indexes rallied Friday on news the House had passed a tax reform bill
After heading downward during the week, major indexes rallied Friday on news the House had passed a tax reform bill. U.S. tax burdens – on both corporations and individuals – remain such a big concern of institutional investors that any time it appears some...
It is presumed the Fed will announce another hike in interest rates in December
The major indexes turned downward as institutional investors began to sell, citing two reasons: 1) disappointment that long-awaited legislation to reduce corporate tax rates appears stalled or on track for long delay, and 2) a general sense that is it time to lock in...
Market indexes edged up on favorable investor reaction tax reform plan
Again, the three major market indexes edged up on favorable institutional investor reaction to the Trump tax reform plan, his new Fed chairman appointment, some good tech sector earnings reports, increased crude oil price and employment report that was...
The three major market indexes edged up again on favorable earnings reports
The three major market indexes edged up again on favorable earnings reports and actions by the European Central Bank (ECB). Keep in mind there are more than 5,000 listed stocks - the DowJones Index includes only 30 of them, the S&P500 Index lists 500 (actually...