Year-end rally kicks in, with Dow, S&P 500, Nasdaq, small-cap Russell 2000 hitting records
Not quite the landslide he claims at his victory rallies. The reason why Republicans are so touchy about recounts and losing the popular vote is that President-elect Donald Trump has no mandate as 54% of voters cast their votes against the next president. Former Obama speechwriter Jon Favreau tweeted a fact that drives Trump and [...]
Donald Trump's going on tour. Why? Who needs a reason? He loves rallies.
David Harsanyi, Reason: Why does the March for Life, a rally that attracts tens of thousands of anti-abortion Americans to Washington, D.C., every year get less prominent media coverage than a fringe neo-Nazi gathering? Because institutional media and white nationalists have formed a politically convenient symbiotic relationship. Show More Summary
Much of the mainstream media seems pretty motivated to normalize the alt-right. Why? David Harsanyi writes: Why does the March for Life, a rally that attracts tens of thousands of anti-abortion Americans to Washington, D.C., every year...Show More Summary
Since Nov. 8, the Russell 2000 Small Cap index has surged 10%, compared with a gain of 2% in the S&P 500. There is good reason for small caps’ outsized reaction. The president-elect won on a platform calling for more protectionism and less global trade that would benefit smaller companies, which typically generate less than 20% of […]
There may be rational reasons why the U.S. equity markets rallied in the wake of Donald Trump’s presidential election victory. But an expectation of faster U.S. economic growth due to a more “stimulative” fiscal policy is not one of them unless the larger...
The talk of the trading community this week is the impossible, raging rally in Dry Ships (DRYS). We leave the reason aside and follow the price. Let’s update our chart from the original post I made for you on November 14th. Before looking at today’s “what happened next” chart above, take a moment to read the brief post [...]
Investors seem to think that a small sales drop is better than a big one. Apparently this is the reason behind a rally in Gap Inc‘s share price since the time the company reported its October sales and its earnings guidance for the third quarter. The company reported a 1% drop in same-store sales for […]
AP Photo/John Locher Republican presidential candidate Donald Trump speaks at a campaign rally Monday, February 22, 2016, in Las Vegas. E lection Day was an ugly victory for racism, sexism, and bigotry over harmony, inclusion, and decency. Show More Summary
On Monday night, at a political rally in the heart of New England, Donald Trump said that Tom Brady had called him earlier that day to say he had voted for him. It was kind of surprising for a couple of reasons. For one, while he had admitted that Trump was a “friend,” Brady had […]
US macro liquidity was flat again in October. It’s the main reason bond yields are soaring, and also reason to believe that a stock market rally can’t be sustained for long. This report describes and illustrates the forces of broad liquidity that drive stock and bond prices. Show More Summary
Similar to the reasoning for selling Lexmark, I sold Ingram Micro (IM) after the stock market rallied strongly and the merger arbitrage gap closed significantly over the last week. Three reasons drove the closure of the gap: (i) markets...Show More Summary
New York Times: “It’s a risky game to try to tie swings in financial markets to political news. Markets often rise and fall for reasons that have nothing to do with the day’s biggest headlines. And if Monday’s rally were [...]
Stocks are rallying on Monday following news that the FBI found no reason to charge Hillary Clinton after its review of the new emails linked to her use of a private server. This is seen as a "relief rally" that calms concerns about Donald Trump winning the election. Show More Summary
Kicking off next week, the WRC Rally Australia 2016 is one of the most anticipated motorsport events of the calendar year. And if you’ve never been, here are five good reasons to go. After claiming a total of 12 consecutive world championship titles – for driver, co-driver, and manufacturer – over an incredibly successful four […]
Categories: Skepticism Tags: Chicagocrowd estimatescubssports Not sure if you are all aware, but the Chicago Cubs just won the World Series. Apparently it’s a BFD. On Friday Chicago held a parade and rally downtown to... (Read more....
NBC News reporter Katy Tur described how she felt when Donald Trump singled her out for criticism during a campaign rally Wednesday in Florida — an act of “bullying” that one of her colleagues said was “dangerous and sinister.” “It is a unique experience to have...
The central pillar of Donald Trump's campaign is that the media is corrupt. Perhaps no reporter has drawn as much targeted rhetoric as NBC's Katy Tur. He resumed those attacks on Wednesday during a rally in Miami. Trump bragged about...Show More Summary
It's no secret that Trump loves assigning nicknames to his political rivals, from "Little Marco" and "Lyin' Ted" to "Crooked Hillary." He's used them in debates, rallies, press conferences, and hundreds of tweets this year. But howShow More Summary