The market opened flat this morning, but the S&P is on pace for its best August since 1984, 7.2% September is historically the worst month for the market, however, not on an election year. There is also exciting news about big earnings, Fed stimulus, vaccine coming soon, and maybe fiscal stimulus Gap, your typical clothing store, made …
The market is up again this morning… the Dow Jones is very close to going positive on the year… the S&P 500 and NASDAQ are already up on the year. Xpeng is a Chinese electric vehicle manufacturer, which IPO’d yesterday on the New York Stock Exchange. In our opinion, it is going to be a hot …
We absolutely love the airlines right now… This is a similar scenario from back in June… specifically June 8th, when the airlines peaked and everyone in their mom was watching Portnoy say “We fly in this country.” Well, July came and the Rona spread throughout the Sunbelt states distressing the airline companies back to pandemic …
The FED announced today that they will keep interest rates lower for a longer period of time. This had the Dow Jones rising and finally breaking positive on the year. (Thanks, Salesforce). The FED’s target inflation number is 2%, they don’t want it to rise above that percentage. However, J Powell agreed to “average inflation …
The NBA playoffs get started today and here’s our predictions: First Round West Lakers have a little scare against the hot Blazers… Lakers in 7 Rockets are due for a big run Westbrook and Harden Era is in full force as Russ eliminates his old team and an older CP3… Rockets in 5 Nuggets and …