by Gary S. Morrow | Feb 14, 2019 | Commentary, Market Update
Key Bit: The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for the year, which the Treasury finished publishing today with the belated release of the December...
by Gary S. Morrow | Feb 11, 2019 | Commentary, Market Update
Gallup Poll Highlights: 69% expect their financial situation to improve over the next year Optimism about finances over the next year is almost at a record-high level 50% say they are in better shape financially than a year ago The lede: The 69% saying they expect to...
by Gary S. Morrow | Feb 7, 2019 | Commentary, Market Update
So far in 2019 all major asset classes are in the green for the year. At the end of 2018 only one of the fifteen closed the year in the green, cash. ICYMI: The Big Swing, Part 1: thisweekonwallstreet.com Hat tip Charlie...
by Bob von Halle | Feb 4, 2019 | Commentary, Options
Just a late day post on two significant and large trades in two large cap names: AIG and EBAY. The former was highlighted over the weekend in Barron’s and has an earnings report ahead on 2-13. The latter reported decent earnings last week, instituted a dividend...
by Gary S. Morrow | Feb 3, 2019 | Chart of the Day, Commentary
Great stuff from Ryan Detrick of LPL Research: What a year it has been. After the worst December for stocks in 87 years that contributed to the worst fourth quarter since the 2008–09 financial crisis, stocks have bounced back in spectacular fashion. In fact, with a...
by Gary S. Morrow | Jan 28, 2019 | Commentary, Market Update
More specifically, this is the busiest earnings week of the entire season. 13 Dow components reporting this week Reporting date Caterpillar Monday Apple Inc. Tuesday Boeing Co. BA, -0.65% Tuesday Chevron Corp. CVX, -0.87% Thursday DowDuPont Inc. DWDP, +0.40% Thursday...
