The Dividend Cafe Wednesday - August 28, 2024

Brian Szytel reports modestly positive markets from The Bahnsen Group’s Newport Beach office: the Dow rose 46 points, the S&P 500 gained 0.25%, the Nasdaq rose nearly 0.5%, and the 10-year yield fell 2 bps to 4.20% after trading in a 4.15%–4.30% range. Economic data were light, w ...  Show more

Today's Post - https://bahnsen.co/4lFUmle The episode recaps a broadly positive market day with the Dow up 388 points and all 11 sectors higher as tech and consumer discretionary led, while the 10-year yield fell to 4.22%. It notes that 43% of S&P 500 companies hit a 20-day low a ...  Show more

A slump in tech stocks may explain the market rotation – but it’s the earnings season that investors need to watch, says CIO and Chief US Equity Strategist Mike Wilson.

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Welcome to Thoughts on the Market. I'm Mike Wilson, ...

Economic data looks backward while equity markets are looking ahead. Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why this delays the Federal Reserve in both cutting and hiking rates – and why this is a feature of monetary policy, not a bug.

Nvidia surprised the street with another major beat to guidance estimates for its Q2 earnings release - arguably the most widely watched corporate earnings report globally in 2023, with the stock +9% higher in after-hours trading. However, in the following Asia trading session - ...  Show more

While the earnings season remains in focus, yesterday’s release of PMI data from around the globe helped to assess the economic environment. Equity markets across the board posted positive gains as investors bought into the dip in tech stocks and a strong batch of corporate ea ...