The longest bull market in U.S. stock market history abruptly came to an end last month. Between March 9, 2009 and February 19, 2020 – that is, 131 months – the S&P 500 large cap index rallied 401 percent, second … Continued
The Nasdaq 100 index/QQQ could be potentially forming the right side of a bearish head-and-shoulders pattern. This week’s action could provide further clues. The US economy is one month short of completing nine years of expansion. The recovery has been … Continued
The S&P just published operating earnings estimates for S&P 500 companies for 2017, and it is an eye-catcher. Depending on one’s bias, reaction can range from ‘yee-haw’ to ‘not again’. The consensus expects a whopping $141.11. To put things into … Continued
Share of U.S. corporate profits in national income barely off all-time highs Share of software plus R&D in U.S. private fixed investment falling since 2009 As good a hint as any for corporates to send current margins unsustainable long term? … Continued