With a long weekend approaching, the S&P was completely unchanged last night. Dow up 15. (Accessible only for subscribers before 10:15 AEST)
Peter Switzer of the Switzer Super Report discusses the notion that rather than correcting, Wall Street may be set to “melt up”.
The S&P closed at 2000 last night for the first time, to little fanfare. Dow up 29. (Accessible only for subscribers before 10:15 AEST)
The S&P500 traded briefly above 2000 last night for the first time ever, supposedly thanks to Mario Draghi. Dow up 75. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
The S&P500 hit a fresh all-time high last night, as positive data sparred with Jackson Hole anticipation. Dow up 60. (Accessible only for subscribers before 10:15 AEST)
GaveKal’s Louis Gave warns the world is entering an era of USD strength and thus portfolios need to be adjusted.
Is the Fed net dovish or hawkish? The latest minutes suggest creeping hawkishness but we’ll wait for Jackson Hole. Dow up 59. (Accessible only for subscribers before 10:15 AEST)
The ASX200 and S&P500 are now just shy of their previous highs. It was just a flesh wound. Dow up 80. (Accessible only for subscribers before 10:15 AEST)