Maxioms by John Augustine
There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth read more
There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth and stock prices. In the absence of any such disruptions, we expect that crude will stay in the $50-$70 range this year and will likely always be on investors' minds.
This may be one of those years in the stock market where you'll want to sell on Memorial Day and read more
This may be one of those years in the stock market where you'll want to sell on Memorial Day and go away until Labor Day.
It seems the storm is not going to be as strong as we feared and that was enough to take read more
It seems the storm is not going to be as strong as we feared and that was enough to take some of the selling pressure off stocks today. We are not likely to see real stock-buying this afternoon as most investors still want to see what happens with the storm during the weekend, but if damage is minimal, we might be bound for a rally on Monday.
Many market observers are coming out with the belief that the market will break upward after the election. Such strong read more
Many market observers are coming out with the belief that the market will break upward after the election. Such strong consensus views often don't turn out to be a reality.
We could be into mid-July until we see the Dow break that record. It may take another round of earnings read more
We could be into mid-July until we see the Dow break that record. It may take another round of earnings to give it that push.