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The Nasdaq Has Its Best August Since 2000
Nasdaq – Mixed Friday Market Nasdaq – The stock market was mixed on Friday as the Dow was down 9 basis points, the S&P 500 was up one basis point. The Nasdaq was u... -
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4 Sector ETFs That Beat The Market In August
The month of August was solid for Wall Street driven by the dual tailwinds of solid corporate earnings and a booming economy. The Dow Jones and the S&P 500 notched their best p... -
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Consumer Confidence: Decidedly Lagging Indicator
Consumers have not been this confident since October 2000. Hooray? The Conference Board says Consumer Confidence is at 18-Year High. The Conference Board Consumer Confidence Index... -
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Unhappy Labor (Day)
In November 1929, faced with the growing prospects for serious economic reverse, President Herbert Hoover gathered the heads of major American industrial businesses to confer at th... -
Finance 0
Crestmont Market Valuation Update: August 2018
Quick take: Based on the August S&P 500 average of daily closes, the Crestmont P/E is 134% above its arithmetic mean and at the 100th percentile of this fourteen-plus-decade m... -
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5 Stocks Near 52-Week High With Potential To Scale Higher
A stock hitting its 52-week high level is thought to be a winner. This level works as an indicator for many investors for buying or selling a stock. Investors often wonder if this ... -
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Gold Price Forecast: Downside Targets Back On Radar As Range Snaps
GOLD TALKING POINTS Gold slips to a fresh weekly-low ($1190) as the ISM Manufacturing survey unexpectedly climbs to 58.5 in August to mark the highest reading since 2004, and recen... -
Finance 0
GDPNow Forecast Surges To 4.7%: Spread To Nowcast An Amazing 2.7 Percentage Pts
Following today’s ISM and construction reports, the GDPNow forecast for 3rd-Quarter GDP rose to 4.7%. Nowcast is 2.0%. The GDPNow to Nowcast spread is the widest in histo... -
Finance 0
USD/CAD’s Big Breakout Has Bulls Eyeing June’s Peak
US traders have returned from a long holiday weekend to the see the greenback gaining across the board (see my colleague Fawad Razaqzada’s post, “Dollar rises to resistance ah... -
Finance 0
Construction Spending Dips Slightly In July
Construction spending declined 0.1% in July. With major revisions being the norm, consider it flat. Econoday offers these Construction Spending highlights. A solid rise in reside...