Mauldin Says The Market Is “Way Ahead Of Its Fundamentals”
(Via The Guru Investor)
(Via The Guru Investor)
After a summer lull in markets, things are about to pick up next week. 2Q22 earnings season kicks off as well as the crucial June CPI Report on Wednesday July 13. Following that is the Fed Decision on Wednesday July…
Stocks fell again Monday on concerns about Omicron and Senator Manchin blocking the Build Back Better stimulus bill. The S&P was -1.14%, the NASDAQ -1.24% and the Russell -1.57%. NYSE + NASDAQ Advancers to Decliners were 1,933 to 6,121 on…
A recession is possible….. Our estimates are that we’re slightly growing at the moment, but we think that there’s a chance that for the first half as a whole there might be a slight contraction. – Fed Chairman Bernanke (subscription required),…
Before the open today Best Buy (NYSE: BBY), the nation’s largest electronics retailer, announced a pretty good fiscal (ended Aug 26, 2006) second quarter. Same store sales in the United States were up 3.0% in the three months ended Aug…
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Today is one of those days where the market is higher but nobody seems to know why. So I did a little detective work. The first thing is that it’s only two groups that are really up big: basic materials…