For the longest time we have made the case that Wall Street is ready for a rate hike but Main Street is not. The following chart, courtesy of our friends at Reuters/Eikon, shows how the S&P 500 has surged since 2009 but GDP has yet to “take-off.”
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5 worst Dow stocks since March market bottom
Largest Economy In History & VALUATIONS Are Attractive The market continues acting great considering how weak it was acting just a few weeks ago. The benchmark S&P 500 jumped to a fresh record high on Monday which is very healthy. Late last week, the Nasdaq Composite, Nasdaq 100, Philly Semiconductor index ($SOX), and Mid Cap…
LIKE THIS? Join OUR FREE NEWSLETTER Copper Violates Major Support: Last week, I began writing about Copper- here. Since then, copper has gone straight down, violated multi-year support and caused fear to spike regarding the situation in China and other emerging markets. Changing Global Economy: Typically, copper is known to have a PhD in Economics…
Celebrate The 4th With A New FindLeadingStocks Membership! The July 4th Special Sold Out In A Few Hours! We Had a Great Response, Decided To Extend The Promotion And Will Offer It To The First 100 People Who Sign Up… If You Miss It – It Will Be Gone Forever And That Promotion Will Never…
JOIN OUR FREE NEWSLETTER & GET POWERFUL IDEAS DIRECTLY TO YOUR INBOX Market Tops & Bottoms: We had a great conversation earlier this week with one of our institutional clients regarding market tops & bottoms. Keep in mind, the most important and common trait all market tops and bottoms share is that they take time…