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Trading Ideas

Teddy Bulls for Christmas?

With Halloween about a month away, my apologies if the mere mention of Christmas induces a groan.

But next week marks the beginning of the fourth and final fiscal quarter of the year… and that inevitably means holiday chatter.

Whether you’re practicing your best Grinch impression or joyfully anticipating Michael Bublé’s return from hibernation, the Ghost of Christmas Past has an important public service announcement.

The chart above shows that 38 of the previous 50 fourth quarter returns for the S&P 500 have been positive.

That bodes well for the seemingly endless bull market run we’re in… especially considering the S&P is on the …read more […]

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Business News

Mexican president-elect insists on trilateral NAFTA as U.S.-Mexico text awaited

The United States and Mexico are due to release the text of their trade agreement on Friday, increasing pressure on Canada to join its partners in revamping the North American Free Trade Agreement while Mexico’s president-elect said he would insist on a trilateral pact.

…read more […]