Tag: financials
Financials Lead The S&P 500 Past Important Milestone
The S&P 500 closed above 2,000 for the first time ever on Tuesday. It’s an impressive milestone for the large cap index. But most people hardly even noticed… A recent Gallup poll showed that just 7% of Americans knew that the S&P 500 was up 30% last year. Given those stats, I guess the lack […]
This Sector’s About To Explode
If money makes the world go ‘round, then banks are the engine fueled by money. The financials are unlike any other industry. It’s the one industry essential to the success of all others. Think about it. Does a consumer staples company like Kraft (KFT) care if semiconductor sales are slumping at Intel (INTC)? No. Because […]
Banks And Brokers To Suffer From Increased Regulation
Did you see the rally in bank stocks earlier this week? Don’t be fooled. It won’t last long. I’ll only think differently if we get some great follow through – and I’m just not seeing it. Bank stocks have been falling for the last year. We’ve said it time and time again, stay away from […]
