Author: chip

The S&P 500 completed its fourth trading session for the month of November near record levels. Since this bull market began back in 2009, November has been frequently profitable for shareholders. Notably, the index has already reached its monthly 1.3% average gain for the entire month. 5.7% was the biggest move back in ’09; the

#PositiveNews #StocksHitRecordHighs America added 128,000 new hires to the workforce in October, 39k more than economists’ estimates. Stocks are rallying on the report, why? At closer inspection, the real nugget of information appears to be in the revisions (upward) for August and September; both numbers were noticeably above their 12-month average. Recession? invest.1db.com/bls1019hashtag#digitaladvisor

#PositiveNews Stocks soared to all-time highs (ATH) on the Fed’s quarter-point interest rate cut. The S&P 500 closed at 3046.77, setting its 15th ATH of the year. Since this bull market began back on March 3, 2009, the S&P 500 has closed 222 times at record levels. @1DB

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” — Thomas Edison Published in Equities.comWilliam Corley | Thursday, 10 October 2019 09:00 (EST) https://www.equities.com/news/s-p-500-buy-or-bolt

How big of a deal is the trade squabble between the United States and China? Over the past 20 years, the global Gross Domestic Product has risen from $32 trillion to over $86 trillion, which is a 5% compounded annual rate (CAGR). During this timeframe, China’s GDP grew from $1.1 trillion to $13.6 trillion. The