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Brazilian ETF Rips Higher on Hopes of Major Pension Fix

Brazilian ETF Rips Higher on Hopes of Major Pension Fix

Brazil's soccer team isn't the only winner in the country this month. Its pro-business President is also nearing his first big victory, and the stock market's loving it. The iShares MSCI Brazil ETF (EWZ) has risen 7 percent so far this month. That makes it the top...

Bull Markets Climb a Wall of Worry, Once Again

Bull Markets Climb a Wall of Worry, Once Again

"Bull markets climb a wall of worry." The old adage proved true again today as the S&P 500 breaks out to new highs. Investors ended last week fearing higher tariffs against China before the G20 Summit in Osaka. Then President Trump withdrew the threat after...

New Highs for Stocks as Fed Keeps the Money Flowing

New Highs for Stocks as Fed Keeps the Money Flowing

Stocks closed at new highs last week as the Federal Reserve offered hopes of a rate cut in July. The S&P 500 rose 2.2 percent between Friday, June 14, and Friday, June 21. The index closed 5 points above its May closing record with more than three-quarters of...

Greenback on the Brink as Fed Meeting and G20 Approach

Greenback on the Brink as Fed Meeting and G20 Approach

The U.S. dollar seems to be teetering before some events with the potential to drive it lower. The U.S. dollar index (@DX) has spent most of 2019 between 95 and 97.75. It broke down quickly from those highs in early June and is now squeezing into a potential triangle....

‘Sell in May and Go Away’ — Is the Saying True This Year?

‘Sell in May and Go Away’ — Is the Saying True This Year?

"Sell in May and go away." Will the old adage work this year? The S&P 500 fell 6.6 percent in May as geopolitical fears and weak earnings hammered sentiment. It was the first losing month of 2019, and included four consecutive negative weeks. Virtually every...

Trade War Fallout? ‘Boring’ Stocks Are Making New Highs

Trade War Fallout? ‘Boring’ Stocks Are Making New Highs

President Trump's trade war with China has tech investors running for cover as some "boring" stocks keep climbing. Insurers, food companies and utilities aren't glamorous, but several names in each group hit new 52-week highs yesterday. Other un-flashy sectors like...

Podcast: Trump’s Trade War and the U.S. Dollar

Podcast: Trump’s Trade War and the U.S. Dollar

The U.S. dollar is inching higher in a right range as President Trump’s trade war hurts the global economy. This podcast will discuss what it could mean for markets.

Stocks Try to Hold as Economy Remains Strong Despite Trade War

Stocks Try to Hold as Economy Remains Strong Despite Trade War

Stocks held their ground last week as a strong economy partially offset worries about the trade war with China. The S&P 500 began on a bearish foot, plunging as much as 2.7 percent on Monday. But it held the key 2,800 level and proceeded to climb the next four...