Dow Cautious After Pelosi Baits Impeachment Hook for a Reckless Trump

A quiet Monday for the Dow belied some risk off-moves in the index. Donald Trump’s meeting with Jerome Powell went off without a hitch. Nancy Pelosi’s offer for the president to testify in the impeachment hearings could create some serious volatility in the Dow Jones. The Dow Jones clung to record levels on Monday, as […]

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Dow Surges Despite Hedge Fund Billionaire Ray Dalio’s Dire Warning

The Dow shot to a new all-time high within inches of 28,000. But as the White House pumps stocks, US economic data paint a murkier picture. One hedge fund billionaire is warning that the US-China trade war will spill open into another front. The Dow Jones rallied once again on hopes of progress in the […]

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Dow Wobbles as US Senate Hong Kong Bill Pressures Trump-Xi Relations

US stocks are under pressure, with the US Senate poised to pass a bill supporting Hong Kong that may destroy Trump’s hopes of a phase one trade deal. The Dow made no progress as a huge sell-off in Cisco undid a decent rally in Boeing stock. Weakening Chinese data suggest Xi needs a trade deal, […]

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Dow Struggles to Overcome Fallout from Grave Trump Setbacks

The Dow Jones lost its gains to trade flat on Monday as President Trump dealt with multiple political setbacks, both foreign and domestic. Trump may be unable to deliver on his “phase one trade deal,” raising the risks for the stock market of the mid-December tariffs being implemented. ABN AMRO forecasts a miserable GDP reading […]

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Expect a Massive Year-End Rally for U.S. Stocks Expect a Massive Year-End Rally

There’s a good chance that stocks finish 2019 with a powerful rally. Catalysts include positive seasonality, strong market breadth, bearish sentiment, desperate fund managers, and a more dovish FOMC. Fear of recession and a poor outcome to the trade war have led investors to remain on the sidelines; both factors could now become tailwinds. A […]

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Dow Reverses Weekly Losses But Vital Economic Indicator Stagnates

The Dow shot toward a moderate advance on Friday, erasing its weekly losses to strut in positive territory after the United States and China agreed to begin the next round of trade negotiations on Oct. 10. The Wall Street party continued following the release of a new batch of economic data, even as one vital […]

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Dow Plows Toward Triple-Digit Rally as Jackson Hole Unfolds

The Dow plowed ahead toward a triple-digit rally, leaving the S&P 500 and Nasdaq in the dust as the critical Jackson Hole summit unfolded. | Source: REUTERS/Leah Millis By CCN Markets: The Dow diverged from the broader U.S. stock market on Thursday, as concerns over the economy and monetary policy kept investors on the sidelines. […]

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This Trade-War Sensitive Dow Jones Stock Is on the Index’s Leaderboard

One of the leaders in the Dow Jones is athletic company Nike, which is a bit surprising considering that it is dangerously exposed to China. | Source: Shutterstock In a welcome sight, nearly all 30 Dow Jones stocks are trading in the green today. One of the leaders in the Dow Jones is athletic company […]

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