Tag: consumer confidence
Sentiment Data Points To Higher Market
The latest consumer sentiment numbers came out on Friday. Thomson Reuters and the University of Michigan provided preliminary figures from the widely followed consumer sentiment index. And the numbers are encouraging. The data show consumer confidence crept up from 55.7 in August to 57.8 in September. While the index is still mired at extremely low […]
Consumer Sentiment Plunged In August: Is Heavy Consumer Pessimism Actually Good For Stocks?
It was one of the craziest weeks ever seen on Wall Street. For the first time in the market’s 115-year history, the Dow Jones Industrials strung together four straight days of 400 point swings. It’s given new meaning to the term “volatile markets”. What’s driving the market’s gut-wrenching ups and downs? Uncertain investors are reacting […]
Consumer Confidence – What It Means For Your Investments?
They say confidence is everything in life. Just look at most professional sports. The act of winning often leads to… more winning. It’s why hot streaks (and cold streaks) are so noticeable. It’s why shooters get a “hot hand” in basketball. It’s why golfers fear the “yips”. Think of Tiger Woods. Yes, his skills are […]
A Report From The Front Lines…
As former US Secretary of State Madeleine Albright once said, “To understand Europe, you have to be a genius – or French.” Well, I took the challenge head on and spent two weeks traveling about Europe. While the trip was supposed to be a vacation, I spent a good deal of time unearthing the “European” […]
How You Can Profit From The Economic Recovery
For eight straight weeks, the markets moved higher. This recent pullback is being quickly dismissed by many. I don’t know about you, but it seems to me, investors have declared this recession over and done. Stick a fork in it! With stocks jumping like they have, how can you not think the same? Is the […]
Alcoa Leads The Way This Earnings Season
It’s that time of the year again. The most important time for Wall Street – earnings season. Every 90 days a new earnings season starts. Just like clock-work. Every publicly traded company reports financial results. I’m going to be watching Alcoa very closely. But more on that in a moment. Shareholder-owners take a few moments […]
