The fact that Wall Street rewarded some retailers while punishing others this week is a positive sign for the stock market. Read More
Archive
Filter
Today's jobs report for February should take some pressure off of the stock market while the Trump administration engages in trade negotiations with Canada, Mexico, and China. Read More
Although ADP's anemic new jobs number may not match up exactly with what the BLS reports tomorrow, it is probably pretty close. If that turns out to be the case, then the Trump administration will have less bargaining leverage with Canada, Mexico, and China on import tariffs. Read More
Even though both retailers reported encouraging results for the most recent quarter, Wall Street was more focused on the potential impact of the Trump administration's newly imposed import tariffs and bailed out of both stocks. Read More
The news from Best Buy and Target this morning could have been worse, and quite frankly I don't know what else Wall Street could have expected either company to say about the future since nobody outside the White House really knows how long the new tariffs will remain in effect. Read More
New import tariffs this week, earnings from Target and Best Buy on Tuesday, February jobs report on Friday. Read More
Today's PCE report for January begs the question; are consumers starting to cut back on spending in anticipation of higher prices as the trade tariffs are activated? Read More
Although NVIDIA and HPE were up only modestly on this news, the fact that it did not disappoint Wall Street removes one of the biggest immediate threats to the stock market. Read More
The company’s gradual transformation into a consumer products company that specializes in gaming and other forms of entertainment bodes well for its future profitability. Read More
Wall Street may have found solace in the guidance provide by Lowe's, but the fact of the matter is no one really knows how strong or weak the residential real estate market will be in the months to come so don't read too much into this single data point. Read More