Dividend Investing Weekly Newsletters
Is the Market Ready to Blossom?
The latest Fed policy statement was like music to the ears of stock market participants. In sum, Fed Chair Janet Yellen told attendees at a packed post-Federal Open Market Committee (FOMC) meeting news conference that the Fed will move on interest rates when it simply is time to do so and that the U.S. central […]
Fed Seeks Happy Medium
The upcoming Federal Open Market Committee (FOMC) meeting scheduled for March 17-18 should be a lively discussion among the voting member Fed governors. There is no doubt those who want to remove the “patient” phrase from policy language are pointing to the recent strength in job growth. And then there’s the camp that will argue […]
Making Sense of Conflicting Data
Friday’s jobs data is showing a big pop of 295,000 new non-farm payroll hires — well above the Wall Street consensus of 240,000 such jobs. The results put bond investors in full retreat, with the 10-year T-Note yield rising to 2.2% while the U.S. dollar index (DXY) reached a fresh multi-year high. The unemployment rate […]
Market Momentum and Fresh Record Highs
Historical records for the major averages continue to be set on an almost monthly basis, with the Nasdaq nearing its former all-time high of 5,000 thanks primarily to the strength of Apple (AAPL). Apple’s market capitalization now exceeds a staggering $800 billion. In a market such as this one, when historical valuation comparisons are cast […]
Fed Likely to Hesitate on Rate Hike until Fall
The holiday-shortened week saw the S&P rally to a new all-time high, crossing the psychological 2,100 level followed by some too-tempting-to-pass-up profit taking. The key catalyst may have been optimism about a debt deal for Greece. Though negotiations are still underway, the market wants to hold its recent gains. Taking an economic view of the […]
Bulls Take Back High Ground
In the span of just nine trading sessions, the S&P 500 has rallied from key technical support at 1,980 (its 200-day moving average) to post a new all-time high as of Friday, clearing 2,093 in a broad-based move. The past week was chock-full of bullish headlines that had the bulls charging back into equities and […]
