Dow Jones Transportation Index

The Dow Jones Transportation Index is one of the most famous indexes. It is an average of twenty companies within the transportation sector. Many analysts and economists closely follow the Dow Jones Transportation Index as a key indicator for the strength of the American economy. If an economy is growing strongly, this would mean that many goods are transported using one or several of the companies within the Dow Jones Transportation Index.

The Stocks Making a Comeback in the Last Two Earnings Seasons

By Wednesday, February 20, 2013

Stocks Making a Comeback in the Last Two Earnings SeasonsWhat has been very encouraging over the last two earnings seasons is the strength we’re getting in small-cap technology companies (stock market action aside). A lot of smaller technology companies are reporting a significant improvement in revenues, and that means that consumers are opening up their wallets, if only just a litt… Read More

First-Quarter Earnings the Catalyst for Correction?

By Tuesday, February 12, 2013

First-Quarter EarningsNo matter how you look at this stock market, the fact of the matter is that a lot of stocks are trading right at their all-time or 52-week highs on the back of mostly flat earnings. This makes it tough to be a buyer. In fact, I wouldn’t be a buyer in this market at all.

Sure, there are trades out there; there always are. And yes, stocks aren’… Read More

Things Are Looking Up! Let’s Hope They Don’t Wreck It

By Tuesday, January 15, 2013

Let’s Hope They Don’t Wreck ItI’ve been looking at all the earnings to date (they often aren’t a calendar quarter, but a fiscal quarter), and so far, I would say that the majority of companies are beating consensus expectations. Corporate earnings are definitely managed, but this is a good development. If the reduced earnings outlooks in the third quarter ar… Read More

Earnings Season Is Here; Will the Numbers Be Kind?

By Wednesday, January 9, 2013

Earnings SeasonThere is positive momentum going into fourth-quarter earnings season. The earnings results we’ve had so far from brand-name large-caps are encouraging. We can’t forget, however, that expectations and consensus estimates have come down a lot, especially because of third-quarter earnings results. I think the stock market w… Read More

Stock Market: All the Cards Have Been Played

By Friday, December 14, 2012

Stock Market: All the Cards Have Been PlayedOn the day of the Federal Reserve’s announcement regarding targeted low interest rates and a new bond-buying program, the stock market started out strong, only to sell off by the end of the day. This has happened countless times over the last couple of months, and it’s a sign that this market is tired. The stock market is finally see… Read More