Hopes for Greater 5G Internet Speed Lift the Market Higher by Louis Navellier April 23, 2019 The Dow reached a 7-month high last Thursday and NASDAQ topped 8,000 on Wednesday as both indexes (and the S&P 500) are only a little over 1% below
their all-time highs, set last fall. The biggest news last week was that the Apple (AAPL) and Qualcomm (QCOM) settlement on Tuesday should help both companies move on and proceed to build great 5G products. There is no doubt that 5G, which brings… Read More
Corporate Stock Buy-backs Rise 59% in First Quarter by Louis Navellier April 16, 2019 Even though the S&P 500 is off to its strongest start in almost a decade, Lipper reported that stock mutual funds had outflows of $39.1 billion in the first
quarter. Some of these outflows could have been attributable to ETFs capturing more market share, but another major reason for the market’s strength seems to be the fact that companies in the S&P 500 repurchased $227 billion of their outstanding… Read More
We’re Off to a Strong Start in April by Louis Navellier April 9, 2019 April is seasonally the third strongest month of the year, thanks in part to new pension contributions in conjunction with the April 15 tax deadline. The S&P 500 began April
with a 1.15% gain on Monday and a 2.06% gain for the first week of April. Our friends at Bespoke Investment Group pointed out that when the S&P 500 rises at least 1% on the first trading day in April, historically the S&P 500 has risen by an… Read More
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