by Troy Reinhart | Aug 8, 2018 | Enewsletters, Stock Market
The S&P 500 Index posted its second highest close ever yesterday, less than 0.5% away from a new all-time high. The S&P 500 has now gone 133 trading days (over six months), without a new high. Since the bull market started in March 2009, this is now the second...
by Troy Reinhart | Aug 7, 2018 | Enewsletters, Stock Market
With 404 S&P 500 Index companies having reported second quarter 2018 earnings results, a solid 79% have exceeded earnings targets, delivering robust 23.5% year-over-year growth on a nearly 3% upside surprise. Revenue growth of 9.2% is a solid 1.1% above...
by Troy Reinhart | Aug 6, 2018 | Enewsletters, Stock Market
The Labor Department says a record 155,965,000 people were employed in July, the 11th record-breaker since President Trump took office 19 months ago. The unemployment rates for adult men (3.4 percent) and Whites (3.4 percent) declined in July. The jobless rates for...
by Troy Reinhart | Aug 3, 2018 | Enewsletters, Jobs, Stock Market
The US economy added 157,000 jobs in July according to the US Department of Labor. The unemployment rate stands at 3.9%. Global manufacturing activity is slowing. Markit’s global purchasing managers’ index slipped to a still expansionary 52.7. Eurozone...
by Troy Reinhart | Jul 27, 2018 | Enewsletters, Jobs, Stock Market
The Commerce Department said orders for non-defense capital goods excluding aircraft rose 0.6 percent last month. Business spending on equipment has risen since the fourth quarter of 2016. Business spending on equipment is being supported by the Trump...
