Unexpectedly Intriguing!
May 6, 2019

The S&P 500 (Index: SPX) bounced up to reach a new high closing value of 2,945.83 on Tuesday, 30 April 2019, before dipping back on the next two trading days and finally closing a fraction of a point below that level on Friday, May 2019.

The level of the S&P 500 is consistent with investors focusing on the distant future quarter of 2020-Q1 in setting current day stock prices, which in our dividend futures-based model of how stock prices work, covers the period from 21 December 2018 through 20 March 2020, coinciding with the dividend futures contracts for that quarter.

Alternative Futures - S&P 500 - 2019Q2 - Standard Model - Snapshot on 3 May 2019

That view is also consistent with where the expectations of future rate cut by the U.S. Federal Reserve have shifted during the past week, thanks to the Federal Reserve's announcement and subsequent communication that the U.S. central bank sees no need to change its target for short term interest rates in the U.S. either at this time or through 2019.

That was, by far, the biggest news of the trading week that ended on Friday, 3 May 2019, where we flagged the following headlines as particularly noteworthy for their influence in setting the forward-looking focus of investors.

Monday, 29 April 2019
Tuesday, 30 April 2019
Wednesday, 1 May 2019
Thursday, 2 May 2019
Friday, 3 May 2019

Elsewhere, Barry Ritholtz outlined the positives and negatives he found in the week's news for U.S. markets and the economy. There are seven of each this week, with the negatives pointing toward some degree of economic deceleration.

Labels: ,

About Political Calculations

Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

ironman at politicalcalculations.com

Thanks in advance!

Recent Posts

Stock Charts and News

Most Popular Posts
Quick Index

Site Data

This site is primarily powered by:

This page is powered by Blogger. Isn't yours?

CSS Validation

Valid CSS!

RSS Site Feed

AddThis Feed Button

JavaScript

The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.

Other Cool Resources

Blog Roll

Market Links

Useful Election Data
Charities We Support
Shopping Guides
Recommended Reading
Recently Shopped

Seeking Alpha Certified

Archives
Legal Disclaimer

Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.