My top 10 things to watch Wednesday, Feb. 19 1. Wall Street was headed for a mixed open, the morning after the S & P 500 closed at a record high. The Dow and Nasdaq each finished higher Tuesday, inching towards their own record highs. 2. In an almost daily barrage of trade headlines, President…
10 things to watch Wednesday, Feb. 12 1. Stocks sold off Wednesday after the January consumer price index, which measures retail inflation, came in hot. Larger-than-expected increases in both headline and core CPI caused a spike in bond yields, with the 10-year Treasury pushing above 4.6%. The government’s January producer price index, which measures wholesale…
10 things to watch Thursday, Jan. 16 1. The S & P 500 was looking at a muted open Thursday, the morning after its best gain since the election. The 10-year Treasury yield was slightly higher after falling Wednesday in response to a cooler-than-expected consumer inflation report. December retail sales, released before Thursday’s opening bell,…
My top 10 things to watch Wednesday, Jan. 15 1. Stock futures soared and bond yields fell after the December consumer price index came in slightly cooler to in-line versus consensus. That comes one day after a light wholesale inflation report. 2. JPMorgan reported a better-than-expected fourth quarter with revenues of $43.74 billion vs. $41.73…
Pharmaceutical industry critic Robert F. Kennedy Jr. — President-elect Donald Trump’s pick to be the nation’s top health official — on Thursday elaborated on his stance about the fast-growing class of weight-loss drugs known as GLP-1s. “The first line of response should be lifestyle. It should be eating well, making sure you that you don’t…
My top 10 things to watch Friday, Nov. 8 1. The Wall Street rally on Donald Trump’s election victory was taking a breather Friday morning. The S & P 500 and Dow Jones Industrial Average , on pace for their best weeks in a year, were poised for muted opens. The Nasdaq was set to…
My top 10 things to watch Wednesday, Oct. 16 1. Club Name Morgan Stanley ‘s third-quarter earnings report was great across the board. Many good numbers here. EPS much better, $1.88 per share vs. $1.58 estimate. Revenue much better, $15.38 billion vs. $14.41 billion expected. The bank’s wealth management division posted a 14% sales jump…
The stronger-than-expected September jobs report is good news for Main Street and Wall Street, CNBC’s Jim Cramer said Friday. Job gains of 254,000 in the month — paired with solid hourly earnings gains — suggest the U.S. economy is in a solid spot despite lingering slowdown fears, Cramer said. That kind of backdrop should lend…
Top 10 things to watch Wednesday, Sept. 25 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. The S & P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow…