Bad News is Good News! – Monday Morning Market Memo – June 10, 2019

Bad News is Good News! – Monday Morning Market Memo – June 10, 2019

Good morning, No news is good news is a familiar saying, meaning that if you don’t hear new information about something, it is most likely because nothing bad happened. Of course, it is clear that good news is good, and bad news is bad, in whatever you are hoping for, or hoping to avoid. In the stock market however, there …

Six in a Row – Tariff Tweet – Monday Morning Market Memo – June 3, 2019

Good morning, It was only a few months ago when we were writing about the Dow Jones Industrial Average posting a 9 week winning streak, fueled primarily by positive corporate earnings, a more “friendly” Federal Reserve, and optimism over trade negotiations between the U.S. and China. But as we know, things change quickly, and so can the mood of the …

Trade Tensions / “Retail Week” – Monday Morning Market Memo – May 20, 2019

Good morning, Market action continues to be focused on trade negotiations between the world’s two largest economies, the United States and China. Stocks ended lower overall last week, and fell on Friday after media reports stated trade talks between the two countries have stalled. For the week, the Dow Jones Industrial Average fell .7% (its fourth straight weekly drop), the …

Follow the MoneyTweets – Monday Morning Market Memo – May 13, 2019

Good morning, Follow the money is a line in the 1976 movie All the President’s Men, which has become a catchphrase, generally meaning that things can be uncovered or explained by examining and tracing the movement of money. To explain the movement in the stock market of late, rather than following the money, one should follow the tweets. Last week’s …

Surprising Numbers – Monday Morning Market Memo – May 6, 2019

Good morning, Normally at this point in the year we are talking about surprising earnings numbers (either good or bad) being the primary focus and driver of the market, but the big story from last week involved different numbers – namely, the April Jobs Report, which came in stronger-than-expected. The Department of Labor reported Friday that the U.S. economy added …

EPS, PE, GDP, S&P – Monday Morning Market Memo – April 29, 2019

Good morning, We are in the heart of earnings season and EPS (earnings per share) are coming in better-than-expected so far. With 46% of the companies in the S&P 500 having already reported results for the first quarter of 2019, 77% have reported earnings above estimates, which is above the five-year average, according to data from FactSet. Keep in mind …

Earnings Season Accelerates – Monday Morning Market Memo – April 22, 2019

Good morning, We hope you all enjoyed the holiday weekend. Investors got the chance to recharge for a busy week of earnings, as over 140 S&P 500 companies are set to report in the week ahead. Companies scheduled to report include Halliburton, Lockheed Martin, Amazon,Boeing, Coca-Cola, United Technologies, Microsoft, AT&T, Visa, Facebook, Intel, Starbucks,Caterpillar, 3M, Ford Motor, United Parcel Service, …

Into Earnings Season – Monday Morning Market Memo – April 15, 2019

Good morning, Earnings season kicked off last week, and JPMorgan Chase took center stage, rising over 4% after it reported better-than-expected earnings and revenues. Another stock in the spotlight last week was Walt Disney Co, which rose over 11% on Friday, although that was because it announced a new streaming service, and not due to earnings. Fastenal shares hit a …

Stocks Rise into Earnings Season – Monday Morning Market Memo – April 8, 2019

Good morning, Stocks posted solid gains last week, lifted by hopes for a trade deal and a better-than-expected U.S. jobs report. Chinese Vice Premier Liu He said a “new consensus” had been reached in trade negotiations between the US and China, according to official state news website Xinhau, and this lifted investor sentiment. Investors were also encouraged by the March …