Select Page
Will Netflix earnings on Thursday shock the market?

Will Netflix earnings on Thursday shock the market?

Right now Wall Street analysts project that on Thursday, January 19, Netflix (NFLX) will report earnings of just 44 cents a share for the fourth quarter of 2022. That would be a huge drop from the $1.33 the company reported in the fourth quarter of 2021. If Netflix...
Dancing around the 200-day moving average

Dancing around the 200-day moving average

At 3:00 p.m. New York time, the Standard & Poor’s 500 was up 0.33%to 3012.13. That, not so coincidently, is almost exactly the 200-day moving average for the index at 3012.39. Today, no big bounce after yesterday’s 5.89% drop for the index. Bargain...
Stocks start 2020 in melt-up mood

Stocks start 2020 in melt-up mood

We’ve seen this before. And investors and traders seem determined to keep a good thing going–until it doesn’t work anymore. Today, January 2, the first trading day in the new year for U.S. markets, stocks were off to the rally races again. The...
Will Tuesday’s rally continue? 3 things I’m watching

It’s a FOMO market

“Fear of missing out” is driving this stage of the market rally. Fund managers were under allocated to equities at the start of the year and are now playing catch-up with the indexes. And since the consensus is that the Federal Reserve has the...