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Trump rally resumes with a vengeance on tax reform promise

February 9, 2017 4:20 PM
It took just a few words from President Trump in a meeting with airline executives on Thursday to trigger a sharp breakout for US stocks. Those words came at an opportune time for the markets, as there had been some growing concerns that Trump’s fiscal stimulus promises would take a backseat to the administration’s less market-oriented political pri...

Trump Rally Still Alive and Kicking, For Now

January 25, 2017 7:30 AM
After a prolonged period of sideways trading within a tight range just off recent record highs, the Trump-fueled rally in US equities once again took center stage in the first few days of the week and the new Trump Administration. Both the S&P 500 and Nasdaq indexes reached new all-time highs on Tuesday amid a series of executive orders issued by th...

Could earnings propel Nasdaq 100 to new records?

July 18, 2016 1:54 PM
The second quarter earnings season has started brightly with the likes of Alcoa, JP Morgan and Citigroup all reporting numbers that were better than expected last week. The good run of form has continued at the start of the week as the Bank of America became the latest Wall Street giant to report forecast-beating numbers this morning, which caused i...

Could stocks bounce back this week?

June 14, 2016 12:00 PM
<p>The global equity markets have endured a rough few sessions. Evidently, traders have been piling in on safe haven assets like gold and silver, yen and benchmark government bonds, causing their yields to fall to dangerously low levels. Yields on the 10-year German bunds have dropped below zero for the first time ever, while in Japan bonds with mat...