23 Jul 2018

Feeble Rectangle Breakout Last Week, SPY Gives Out Signs Of Fatigue

by | posted in: Derivatives, Economy, Equities, Technicals | 0

With a feeble rectangle breakout and rejection at the upper end of a rising channel last week, SPY is giving out signs of fatigue. Things look good.  Even great, some might argue.  This Friday, the first print of 2Q18 GDP … Continued

7 Aug 2017

Amidst Elevated ’18 Estimates, Wide Gap Between GAAP And Non-GAAP

by | posted in: Economy, Equities | 0

As of last Thursday, a little over four-fifths of S&P 500 companies reported 2Q17 results.  Of the 422 companies, 70.1 percent beat on operating earnings, 20.6 percent missed and 9.2 percent met, as per S&P Dow Jones Indices. In the … Continued