The Bullish Test Comes As Earnings Season Begins

A Breakout Of Consolidation Over the last few week’s we have noted the continuing consolidation of the market since the June peak. When markets are overbought short-term, that condition is resolved through a correction or consolidation process. Such is what occurred during the last part of June and completed last …

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Markets Are Free To Go Up

The NASDAQ 100 (QQQ) closed the week at new all-time highs, +1.65%, while the Dow Industrials (NYSE:DIA) was down -.2%. In fact, YTD, the Dow is down -9.36% while the Nasdaq 100 is up 18.62%, certainly a tale of two markets. Of course, the Fed stepped up its intervention yet …

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Shell CEO does not rule out moving headquarters to Britain

Stock Markets14 hours ago (Jul 04, 2020 05:10AM ET) 2/2 (C) Reuters. Royal Dutch Shell CEO van Beurden attends the St. Petersburg International Economic Forum 2/2 AMSTERDAM (Reuters) – Royal Dutch Shell (L:RDSa) is not ruling out moving its headquarters from the Netherlands to Britain, the oil company’s chief executive …

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Point/Counterpoint: The Case for Boeing

(C) Reuters. By Geoffrey Smith and Liz Moyer Investing.com — Boeing (NYSE:BA) has had a dreadful year in 2020, as the COVID-19 pandemic worsened the outlook for the aerospace giant after the March 2019 grounding of its 737 Max jet. But shares climbed around 25% in June, cutting back steep …

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