Crossing Wall Street is a free investment website for individual investors. Its custodian is Eddy Elfenbein, a Washington, DC-based speaker, portfolio manager, and editor of the blog, Weekly Market Review. Eddy was named by CNN/Money as the best buy-and-hold blogger, and his free Buy List has beaten the S&P 500 for the last seven years in a row, and by 47% in the last thirteen years. At Crossing Wall Street, Eddy gives investors a free and unbiased view of the stock market. His philosophy is to buy and hold shares of outstanding companies. Each year, he publishs a Buy List, which comprises 25 stocks. The list is locked and sealed at the beginning of the year, and no changes are allowed for the next 12 months. That way, he has to ensure that the chosen stocks are the most reliable stocks that he can find and analyze.
This Weekly Market Review focuses on: (1) consumer confidence (weak); (2) new home sales (down); forecast for earnings (FactSet predicts -2.6% for Q2 and -0.3% for Q3); and (4) policy differences between President Trump and Fed Chair Powell.
You can read the latest Weekly Market Review by clicking HERE
