Agendas
Don’s Notebook July 16, 2018

Don’s Notebook July 16, 2018

Federal Reserve Chair Jerome Powell will answer questions from the Senate Banking Committee in Washington in the first of two days of testimony to Congress. Chairman Powell is expected to reiterate that the economy is in a “good place” while signaling there is no need...

Market Action Summary: 7/16/18

Market Action Summary: 7/16/18

Click here for the Market Action Calendar. Click here to register for the webinar. S&P 500 overview: Bullish triangle in play Consolidating, trying to break resistance at 2800 Calendar has potentially bullish bias as earnings build Factset: 47 of 109 S&P...

Market Action calendar: 7/16/18

Market Action calendar: 7/16/18

Click here to register for today's Market Action webinar at 4:30 p.m. ET. Disclosure: The information herein was obtained from multiple sources; we do not guarantee its accuracy or completeness. table tr:nth-child(even){background-color: #f2f2f2;} } Market Action...

Don’s Notebook July 16, 2018

Don’s Notebook July 16, 2018

President Trump and Russian Leader Vladimir Putin began their Helsinki Summit this morning. The good news on the economy keeps rushing in, even during our global trade war. Watching tariff actions and counter actions may be unsettling to some so try to focus attention...

Don’s Notebook July 13, 2018

Don’s Notebook July 13, 2018

In an interview Thursday on American Public Media’s “Marketplace” program, Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy but warned a sustained period of high tariffs on a wide variety of imports could be harmful to growth....

Don’s Notebook July 12, 2018

Don’s Notebook July 12, 2018

A big increase in the CPI would have emphasized ongoing inflation risks: a tight labor market, high energy prices, and the initial imposition of import tariffs. However, today’s report showed consumer prices edged only 0.1 percent higher overall in June and 0.2...

Here Come Earnings

Here Come Earnings

It's hard to deny sentiment is building for a strong earnings season. Depending on who you ask, profits are projected to rise more than 20 percent. While the estimates vary, direction is positive because all the research shows consensus figures climbing in recent...

Don’s Notebook July 11, 2018

Don’s Notebook July 11, 2018

The June Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) was announced at 8:30am ET. Services and metals are factors in June's producer price report where all three headline indexes -- overall, less food & energy, less food & energy &...

Don’s Notebook July 10, 2018

Don’s Notebook July 10, 2018

The Labor Department's Job Openings and Labor Turnover Survey (JOLTS) tracks monthly change in job openings and offers rates on hiring and quits. The JOLTS report is expected to show a 6.700 million total in June, little changed from May's record 6.698 million. The...

Don’s Notebook July 9, 2018

Don’s Notebook July 9, 2018

The market has consistently attempted to move higher and lower, but the trend ends quickly as it either reverses the same day or the next. The S&P 500 was finally able to push away from its 50-day simple moving average and closed above some resistance in the 2,740...