How Extreme is this Market?
In this brief video I look at the market both from an earnings and technical view.
Get my free pdf “Warnings at the Top” that explains in greater detail what I’ve been seeing.
Tag Archives for " S&P 500 Index "
Financials Start the Rollover
The financials had the biggest move of all the industry sectors that dropped last week, down 2.9%. Is this the end of their rally? They do look like they are starting to roll over.
The video below is a very condensed version of what I provide to my Insider Members in their Weekend Market Analysis.
In this video I review this week’s market action by looking at the S&P 500 (SPX), NYSE Composite (NYA) and Russell 2000. I then review the semiconductors (SMH), homebuilders (XHB) and the financials (XLF). Three stocks in focus are:
- American Express (AXP)
- Bank of America (BAC)
- Goldman Sachs (GS)
10 Curious Things About China
Much has been made about China’s makeover during the last 25 years. What has occurred there is fascinating. Here are 10 curious things:
- China is now the No. 2 economy in the world based on GDP.
- More people live in China than in any other country on the planet. The world population is 7.3 billion according to the U.S. Census Bureau and China has 19% of it at 1.373 billion.
- 688 million. That is the estimate for the number of internet users in China at the end of 2015 according to data from the China Internet Network Center. Let’s see, that’s about 50% of their population and more than twice the total number of people in the United States.
- The 3 Gorges Dam on the Yangtze River is the world’s largest power station in terms of installed capacity at 22,500 MW.
- China launched it first moon space mission on Dec. 2, 2013 and China’s Yutu rover is currently exploring the moon’s surface.
CAT Hitting a Wall?
Caterpillar(CAT) cut its first quarter revenue and earnings guidance but held to the full year guidance. I should add, at least for now. I look at CAT in the brief video below.
As you can see in the chart below, CAT dropped from a closing high of 111.40 in July 2014 to a closing low of 57.91 in January this year. That’s nearly a 50% drop. Continue reading
China Slowdown Continues
China just released two more readings on their economy very early Saturday morning, Dallas time. Both reports showed that the China slowdown continues. Continue reading