Citigroup Sinking
Shares of Citigroup are under pressure again this morning. Yesterday the stock took a damaging hit following negative regulatory news: https://seekingalpha.com/news/3613808-citigroup-to-get-regulatory-reprimand-shares-sink-5?mod=mw_quote_news. C finished the day...
The FANG Index Returns To Neutral
There are a number of huge names in the FANG Index. Market leaders in their specific sectors. Always monitor the influencers. Great stuff from Bespoke: “All of the stocks in the FANG+ index have moved out of overbought territory and are now neutral or...
Fuel in the Tank
From Bespoke: For the week ended September 2nd, flows for the total equity fund industry across both mutual funds and ETFs were in the bottom percentile for both total equity funds and international funds specifically.
Banks Not Budging
The Banking Index is holding up quite well this week. The BKX(KBW Bank Sector Index) is heading for its best close of the week after putting in three straight higher lows. While the major indexes were taking out the previous week’s lows this morning, the BKX...
August Jobs Report
WASHINGTON (MarketWatch) – The economy regained 1.4 million jobs in August and the unemployment rate fell to 8.4% from 10.2%, the government said Friday. Economists polled by MarketWatch had predicted an increase of 1.2 million jobs. Private-sector payrolls rose...2020 Investors Guide FREE
