Category S & P

DOW Finally Poised To Break Through 20K Threshold; Sectors That Have Performed The Best In First 100 Days Of A New Presidential Administration; Jeff Gundlach On What ETFs He’s Buying; Barron’s Looks For Value

DOW Finally Poised To Break Through 20K Threshold; Sectors That Have Performed The Best In First 100 Days Of A New Presidential Administration; Jeff Gundlach On What ETFs He’s Buying; Barron’s Looks For Value www.fortunascorner      Good morning.  The U.S. stock market appears poised to break through the 20K threshold on the DOW; and, […]

Trading A Trump Stock Market; Sectors To Own Going Into The End Of The Year

Trading A Trump Stock Market; Sectors To Own Going Into The End Of The Year http://www.fortunascorner.com      So much for the pollsters and the stock market mavens.  If you had placed your bets going into Tuesday evening, you would have bet heavily on Hillary Clinton being our next POTUS; and, you would have expected […]

DOW, S&P 500, Soar To All-Time Highs; Will The Coup In Turkey Derail The Rally?; Italian Banks Real Elephant In The Room; Gold & Silver Likely To Benefit From Turkish Coup

DOW, S&P 500, Soar To All-Time Highs; Will The Coup In Turkey Derail The Rally?; Italian Banks Real Elephant In The Room; Gold & Silver Likely To Benefit From Turkish Coup http://www.fortunascorner.com     Perhaps the most hated and distrusted rally in some time, continues to melt-up higher, as Central Bank easing around the globe […]

Gold Pushes Back Near 2 Year High, Silver Tops $21; Bank Of America Warns Of More Post-Brexit Pain For Stocks; What To Watch For This Week

Gold Pushes Back Near 2 Year High, Silver Tops $21; Bank Of America Warns Of More Post-Brexit Pain For Stocks; What To Watch For This Week www.fortunascorner.com      Gold and silver have been on a tear so far in 2016; and, they show no signs of reaching a near term top.  While our stock […]

UPDATE: Shift In Momentum In Britain, As Latest Polls Show That Those Favoring Remain In E.U. Is Now Tied; U.S. Stock Futures +200 Points

Shift In Momentum In Britain, As Latest Polls Show That Those Favoring Remain In E.U. Is Now Tied; U.S. Stock Futures +200 Points   www.fortunascorner.com        Global markets are surging this morning as the latest polls in the U.K. show that those who favor remaining in the European Union (E.U.) verses those who favor […]

Wall Street Gets An Oversold Bounce; But, Issues That Led To Sell-Off In January Have Not Been Resolved — Why This Could Be Pivotal Weeks For Stocks

Wall Street Gets An Oversold Bounce; But, Issues That Led To Sell-Off In January Have Not Been Resolved — Why This Could Be Pivotal Weeks For Stocks   www.fortunascorner.com        The Bears took a breather this week; an, the Bulls felt spring in the air, as the U.S. stock market had its best […]

No Good News For Russia’s Economy

No Good News for Russia’s Economy By Konstantin Sonin Oct. 13 2015 18:16 Last edited 18:16 Alexei Nikolsky / RIA Novosti, Kremlin Pool Photo via AP Even such exciting foreign policy news as Russia’s intervention in the Syrian civil war does nothing to help the condition of this country’s economy. To the contrary, even prior to 2014, Russia spent an inordinate amount […]

Greece To Miss IMF Loan Repayments Amid Fears Of ‘Catastrophic’ Eurozone Rupture

Greece To Miss IMF Loan Repayments Amid Fears Of ‘Catastrophic’ Eurozone Rupture www.fortunascorner.com      Peter Spence, Economics Correspondent for London’s The Telegraph, writes on the papers website, May 24, 2015, that “Greece will be unable to find the 1.6B Euros sum it is due to hand the International Monetary Fund (IMF), next month,” [June], one […]

Leaving The EU? Greece Draws Up Drachma Plans, Prepares To Miss IMF Payment

http://www.telegraph.co.uk/finance/economics/11513341/Greece-draws-up-drachma-plans-prepares-to-miss-IMF-payment.html?WT.mc_id=e_DM9356&WT.tsrc=email&etype=Edi_FPM_New&utm_source=email&utm_medium=Edi_FPM_New_2015_04_03&utm_campaign=DM9356 Telegraph.co.uk  Saturday 04 April 2015 Economics Greece Draws Up Drachma Plans, Prepares To Miss IMF Payment ‘We are a Left-wing government. If we have to choose between a default to the IMF or a default to our own people, it is a no-brainer,’ says senior Greek official ‎ Greece no longer has enough money […]

U.S. Stock Market Will Be Closed ‘Good Friday,’; Friday Non-Farm Payroll Number On Net New Jobs Created in March To Be Released; Iran Nuclear Deal Preliminary Deadline Is Tuesday, March 31, 2015

U.S. Stock Market Will Be Closed ‘Good Friday,’; Friday Non-Farm Payroll Number On Net New Jobs Created in March To Be Released; Iran Nuclear Deal Preliminary Deadline Is Tuesday, March 31, 2015   www.fortunascorner.com     Good morning to all.  Last week, stocks fell by more than 2 percent; their largest weekly loss since late […]