Earnings Estimates For 2017 Fall

The stock market is at a standstill as it waits for the President’s speech where he addresses Congress Tuesday. Trump will be discussing the budget he will be submitting to Congress next month. We received a preview of the budget today as it was reported that defense spending will increase $54 billion or 10% from…

Tax & Healthcare Reform Looming

The returns stocks bring will be determined by the legislation passed in the next 12-18 months. Tax reform and healthcare reform are on the table, meaning many industries will be effected. In fact, almost every industry will be impacted as regulatory reform will help the financials, energy, and small cap stocks; the one-time repatriation tax…

Regulatory Reform Is Helping Stocks

The stock market increased today as we are seeing more of the same action we’ve seen ever since Trump was elected. The Dow has had 11 straight record closes. The market remains in an environment of extremely low volatility as the VIX fell 3.07% today. The Dow, S&P 500, and the Nasdaq have not had…

Bitcoin Reaches All-Time High

The bitcoin index Coindesk created shows bitcoin reached an all-time high of above $1,200 on Thursday as it has fully recovered from the correction a few weeks ago, which was assumed to have been caused by Chinese regulatory intervention. In this article, I will review the latest Chinese intervention which happened since my last article.…

Rally On For Now

The stock market rally continued Thursday. It feels like a big correction is happening because every index isn’t hitting new all-time highs (only the Dow hit a new high). Making up for this, Bitcoin is hitting a new all-time high. There was a CNBC article today explaining how this may be bullish for stocks. Anything…

French Election: Bayrou Endorses Macron

The French election is like a combination of the GOP primary and the general election because there are many candidates and it has the pressure of a general election. I will provide update articles whenever the election shifts. It seems like it is shifting by the minute which means I have more to discuss. The…

Fed Minutes- No Change In Policy

Wednesday the Fed released its Minutes which is the Fed’s updated view of various markets, the economy, and its thoughts on the possibility of rate hikes or cuts. Lately the Fed hasn’t been in focus nearly as much as it once was. Ever since Alan Greenspan, who was described as the ‘maestro’, the Fed has…

Le Pen Gaining Ground

The equities market is in such a hyper bullish mode, it is no longer a surprise to see the Nasdaq, S&P 500, Dow, New York Stock Exchange, and Russell 2000 all hitting all-time closing highs simultaneously. Amazon, Apple, and Goldman Sachs also all hit new all-time highs. Even with this broad-based rally, the VIX was…

Is Market Euphoria Finally Here?

Euphoria is tough to respond to as an investor. A cursory look at the market in times of enhanced excitement would make you think euphoria is great because the market is going up. Anyone who is long the market is making a boat load of money regardless of what stocks he/she owns. When optimism is…

Political Risks Facing Equities (Le Pen & Debt Ceiling)

In this article, I will review the political risks facing the market. The two most pressing issues facing the market are the French presidential election and the potential issues surrounding the debt ceiling in America. Both have the potential to cause volatility in the equities market if they turn out to have unforeseen outcomes. The…