A Snapshot Of Moving Averages
May. 16, 2017 - First Trust -
View from the Observation Deck
1. In today's post, we are showing the percentage of stocks in a number of major U.S.stock indices that are trading above their respective 50-Day and 200-Day moving averages.
2. Moving averages tend to smooth out day-to-day price fluctuations and can be a useful tool for traders to identify both positive trends and reversals, in our opinion.
A Healthy US Consumer
May. 15, 2017 - First Trust -
News of the consumer’s death has traveled fast.
It’s not hard to find stories of beleaguered and battlewearied consumers. Famed retail giants are slashing revenue and earnings outlooks, creating worries about retail space in general and malls in particular. Auto sales are slowing, auto loan delinquencies are rising, while delinquent student loans create their own paroxysms of fear in analyst minds.