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If OPEC+ and the Fed meeting aren’t enough, this is a week laden with President Joseph Biden’s tax plans for the super-rich, as well as readings for US quarterly GDP (the first for Q1,...
Despite Reflation Trade talk, big tech continues to outperform Global COVID resurgence fuels market worries The powerful economic recovery narrative that's been driving markets higher received an...
With some of the largest U.S. companies reporting their quarterly earnings in the upcoming week, for investor's it will be all about corporate America and its financial health. About a third of...
All indications point to how US consumers have been spending their stimulus checks in recent weeks.According to the numbers released by the Census Bureau, retail and food services sales increased 9.8%...
It isn’t exactly rotational play but investor confidence is bubbling over in agricultural markets, with soybeans leading the three main US crop futures for the best week in almost eight years,...
Buying the shares of the companies that produce basic materials for the industrial economy has been a great bet during the past year. The S&P 500 Materials Index has been one of the top performers...
Vaccines manufactured by three groups have so far been approved in the UK. They include:AstraZeneca (LON:AZN) (NASDAQ:AZN)/ Oxford University; BioNTech (NASDAQ:BNTX) / Pfizer (NYSE:PFE); and Moderna...
McClellan OB/OS Return T0 NeutralAll the major equity indexes closed higher yesterday with positive internals on the NYSE and NASDAQ as trading volumes dipped from the previous session. All closed at...
At time of writing, European stocks were tracking US shares higher, after yesterday's Wall Street session showed the reflation trade is alive and well and all four major indices rallied.What seems to...
Reports Q1 2021 results on Thursday, April 22, after the market close Revenue Expectation: $17.78 billion EPS Expectation: $1.14 The rally in Intel (NASDAQ:INTC) shares thus far in 2021 is promising,...
Reflationary trade leads European shares higher Nestle sales growth doubles expectations, reinforcing economic recovery Virus, vaccine troubles keep risk alive Key EventsUS futures on the Dow,...
Recent US metrics show that the economy is rebounding from the uncertainties brought by the pandemic. The road to recovery might still ebb and flow, but consumers and companies seem increasingly...
The US cold season is overstaying its welcome and no one is more impatient to see its end than natural gas bears.Since mid-March, chilly winds have been the staple in the US Northeast to Midwest...
United Airlines Holdings (NASDAQ:UAL) reported first quarter 2021 earnings on Monday and the results weren't pretty. The release revealed both a worse-than-expected $1.36 billion loss, and a lower...
Shares of copper miner Freeport-McMoran (NYSE:FCX) are up more than 41% year-to-date.The stock has benefitted from the bull run in copper prices, currently at multi-year highs.We previously covered...
Retirees, seeking reliable income from their investment portfolios, have been coping with anemic bond rates amid easy monetary policies and unprecedented support from central banks during the...
India continues grappling with coronavirus infection rates S&P 500 suffers first back-to-back drop in almost a month Gold rises on technicals, despite strong yields Key EventsUS futures on the...