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Tag: Weighing

Weighing The Week Ahead: Can Earnings Season Spark A Big Year-End Rally?

Weighing The Week Ahead: Can Earnings Season Spark A Big Year-End Rally?

Finance
Shutterstock photoBy Jeff Miller :After last week's avalanche of economic data, the calendar is back to normal. More important is the onset of earnings season. Recent data have reassured many observers about the health of the U.S. economy. The period of seasonal weakness is ending. Expect people to be asking:Can this earnings season lead to a big year-end rally?Last Week RecapMy expectation for last week concerned the relationship between economic and stock market strength. That discussion might come another day, but last week's attention was focused on Las Vegas.The Story in One ChartI always start my personal review of the week by looking at this great chart from Doug Short via Jill Mislinski. She notes the gain of 1.18% on the week, as well as other key comparisons. Once again, it was a...
Weighing The Week Ahead: How Can We Create More Jobs At Better Pay?

Weighing The Week Ahead: How Can We Create More Jobs At Better Pay?

Finance
Shutterstock photoBy Jeff Miller :We have the biggest data calendar of the year, climaxing with the employment report. It is right before the Labor Day weekend. It is a natural setup for politicians and pundits alike. Expect many to be asking:How Can We Create More Jobs and Better Pay?Last Week RecapMy expectation that last week would focus on the state of the economic policy agenda was pretty accurate. While the overall weekly change in the market was modest, the moves came from an evaluation of the agenda potential. Monday saw an expectation of more Congressional cooperation. Tuesday night's campaign-style speech brought fears of a government shutdown. The economic announcements, while pretty good, seemed to have little effect on trading.The Story in One ChartI always start my personal ...
Weighing The Week Ahead: A Seinfeld Market?

Weighing The Week Ahead: A Seinfeld Market?

Finance
Shutterstock photoBy Jeff Miller :Trading desks will be closer to normal staffing. Chair Yellen's biannual Congressional testimony will be a feature on Wednesday and Thursday, but the economic calendar is light. With little going on, the punditry will be wondering:What should we expect for the rest of 2017?Last Week RecapThe big economic news last week featured employment - as expected. The start of the G20 meetings and North Korean missile tests grabbed some headlines, but without much effect on stocks.The Story in One ChartI always start my personal review of the week by looking at this great chart from Doug Short via Jill Mislinski. Despite the Thursday selling, the result for the week was essentially unchanged (up 0.07%). Not much in the way of fireworks!Doug has a special knack for ...