Entries by The Trend Letter

Headlines – October 19/17

30 years after Black Monday, could stock market crash again? Read story Spain is set to impose direct rule over Catalonia, risking violent clashes and market turmoil. Read story Saudi needs Aramco billions as recession slows austerity drive. Read story Fewest jobless claims since 1973 show firm US job market. Read story The world’s largest […]

Headlines – October 17/17

Wall St flat at open. Read story Dollar gains, Treasuries drop on Fed speculation. Read story North Korea warns that nuclear war could ‘break out any moment.’ Read story Bombardier to partner with Airbus on C-Series jets. Reads story UK inflation hits 3%, highest since April 2012. Read story Rising tensions in northern Iraq keep […]

Headlines – October 13/17

S&P 500, Nasdaq hit records on strong retail sales data. Read story Despite record profits, Samsung CEO to resign citing ‘unprecedented crisis’. Read story Bitcoin price hits another record high above $5800, now up 480% this year. Read story US inflation surges again after hurricane boosts gas prices, CPI  shows. Read story Trump scraps Obamacare […]

The most hated bull market

We are more than eight years into the current bull market in US stocks, yet the masses (retail investors) are still not interested in US stocks, at least not yet. So far this year, the S&P 500 has traded an average of 563 million shares a day, down from a daily average of 643 million in […]

Headlines – October 11/17

Wall St sluggish on open as earnings kick off. Read story Overseas demand to drive third-quarter earnings. Read story Oil holds near $51 as OPEC sees recovery, storm cuts US output. Read story Stock record rise ‘has reached epic proportions’, Morgan Stanley says. Read story Spain turns screws on Catalonia with threat of direct control. […]

Headlines – October 10/17

Politics in focus as Spanish stocks, dollar drop. Read story Spanish police set to arrest Catalan leader if he declares independence. Read story Desperate OPEC asks US shale to curb production. Read story Bitcoin flash crashes on Russia ‘Ban’ headline. Read story Trump-Corker feud imperils already delicate tax push. Read story Wal-Mart launches $20 billion […]

Caution required, correction due

We have been bullish on stocks for quite some time, and last week we saw yet another bullish trend, as the S&P 500, Dow Jones Industrials, Russel 2000 Small Caps, and the NASDAQ, all made new all-time highs. These new highs are very bullish, but as we can see on the bottom of each chart, […]

Headlines – October 5/17

S&P 500, NASDAQ hit fresh record-highs. Read story Spain’s court bars MP’s independence move. Read story Oil trades near $50 as exports soar, Putin comments on cuts. Read story US consumer confidence declines by most in a year on finances. Read story Trade gap in US narrows to 11-month low as exports increase. Read story […]

Headlines – October 4/17

Dollar weakens; Spanish stocks and bonds retreat. Read story Catalonia to declare independence from Spain on Monday. Read story Puerto Rico bonds drop to record low as Trumps says debt may need to be ‘wiped out.’ Read story IRS awards fraud-protection contract to Equifax: report. Read story Las Vegas shooter wired $100K to girlfriend in […]

Headlines – October 3/17

S&P 500, Dow open at record highs for 2nd straight day. Read story Vegas shooter was retired accountant, heavy gambler. Read story Oil bull market rally stalls as traders await inventory data . Read story Bond traders place biggest short in Treasuries in over a decade. Read story Catalonia is calling the EU for help […]