Written by: Angela Akers Q3 Earnings season kicked off in earnest Friday with a couple of the big banks up to bat; JPMorgan Chase (JPM) and Wells Fargo (WFC). JPM beat on both the top and bottom lines, while WFC beat on earnings, but revenues were in line with expectations. Next Tuesday, we’ll see [...]
Written by: Angela Akers Relevant information causes stock prices to rise and fall. Relevant information is any news that causes the perceived value of a stock to rise or fall. There was a barrage of relevant information this week. Fed Chair Powell’s speech Monday noted the economy is strong and that “significant progress” has [...]
Written by: Angela Akers In last week’s “Special Presentation,” Mr. Steve Chappell discussed and demonstrated the efficacy and effectiveness of the VectorVest RealTime Derby. The Derby analyzes, sorts, ranks and graphs the second-by-second performance of 169 portfolios. It tracks each portfolio’s performance from the current day’s opening bell and displays the results from the [...]
Written by: Angela Akers The Federal Reserve delivered a 50-basis point rate cut this week, which was unexpected until a few days ago. Fed Chair Powell was clear that the Fed is “committed to maintaining” economic strength. The heftier-than-anticipated cut came in the wake of a revision to the jobs data and concern over [...]
