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What to Watch This Week On the other hand, the International Monetary Fund cut its 2021 forecast for US gross domestic product (GDP) this week to 6% from 7% due to supply chain disruptions. While that is still a very high reading, the pace of growth is clearly slowing as the US works its way …
Continue reading “Watchlist week of Oct 18th”
The post….
Third-quarter earnings season has officially kicked off here in the US, and so far traders are taking the results fairly well. The big bank earnings we’ve seen so far have largely beaten estimates on the top and bottom lines, although there are still some issues under the surface, including weakness in loan growth and net …
Entravision Communications Corporation Entravision Communications Corporation (EVC) is a Santa Monica, California-based broadcasting and communication services company. The company operates television, radio and digital business segments, with 54 television stations and 48 Spanish-language radio stations. It also offers digital advertising solutions and operates Entravision Solutions, which sells ads and syndicate radio programming. Here’s how the …
Continue reading “Watchlist week of Oct 11, 2021”
The….
After a shaky September for the stock market, October is off to a strong start. The S&P 500 index is up a bit more than 2% so far this month and is now only about 3% off of its all-time high set in early September. The Dow Jones is outperforming this month, while the Nasdaq …
September was not a great month for the stock market. Following seven up-months in a row from February through August, the S&P 500 index dropped 4.8% in September. The Nasdaq 100 was off 5.7%, the Dow Jones fell 4.3% and the small-cap Russell 2000 index declined 3.1%. But on the longer-term charts, these drops are …
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
Bulls Back on Top as Market’s Fear Gauge Plummets
In Thursday’s issue of Stock Surge Daily, we talked a bit about the CBOE Volatility Index (VIX). The VIX is known as the market’s “fear gauge.” Without getting into the details of how it is calculated, what you need to know is that the VIX essentially tells you how fearful traders are about a drop …
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