Worst Retail Sales Growth Since At Least 1992
Lower Income Gets Hurt Again Poor and lower middle class always bear the brunt of recessions. That’s why the $1,200 stimulus check was targeted towards them. It would help if they got more money. But at the same time, unemployment insurance goes a long way towards helping people. Some people are making more money from…
The End of the Rally?
Stocks back down while bonds back in action get bid up today. Financials continue to get hammered after dismal earnings announcements. Energy down 50% this year. So, where's the next opportunity? We look to consumer staples and big tech in tonight's video newsletter...
Amazon & Microsoft Go Parabolic
Big Rally, New Bear Market High Shattering records, the stock market had a great Tuesday as it hit a new bear market high. At this rate, we could see a new record high before summer starts. However, stocks won’t continue at the latest torrid pace. This is similar to the rally off the low in…
IMF Lowers Growth Estimates (Most Obvious Call Ever)
Spending Finally Falls Many have been predicting that Redbook retail sales growth would fall in the next few weeks as people are done excessively grocery shopping. People need to actually eat and use what they bought at the grocery store when they hoarded goods in mid-March. Plus, people now know how much they need to…
Six Surprising Stocks Making New Highs Today, One Especially
With the market recovering major losses from prior lows, a handful of key stocks rose to the top during this recovery or rally phase and broke out to new highs today, one stick in particular. What did our scans turn up today and which stocks are we closely watching for clues? Find out in tonight's…
Stocks Don’t Give Back Much Of Last Week’s Gains
Modest Monday Decline Days of the market crashing on Monday are over as stocks fell 1.01% on Monday April 13th. Frankly, I think the days of crashes in general are over. A modest decline after the best week since 1974 is quite impressive. We all went into the week expecting a mixture of down and…
Bulls Like High Unemployment
Investors Love High Unemployment When the economy is doing well and the unemployment rate is high, it’s bad for stock returns. It is like an hour glass that’s running out of sand. You can debate whether that analogy holds true for this cycle because low unemployment didn’t create inflation and cause the Fed to hike…
Will Earnings Season Matter?
Major sector rotation today as investors pull out of financials and into tech stocks. Earnings season begins with JPM and the options market is forecasting huge volatility. Here's the opportunities we will be looking at during this earnings season…
More Fed Stimulus! How Bad are Things?
Thursday the Fed announced unprecedented intervention. In short they are buying everything, but individual stocks now and that may not be too far behind. In the midst of all of this it's important for you to not let the news interfere with your opportunity to profit during these times. The S&P 500 continues to ping…
Faster Stock Market Recovery Than 1987
Explosive Recovery Continues With the modest rally in big cap stocks, this became the best week for the S&P 500 since 1974. S&P 500 was up 12.1% this week. We can only imagine the records that would have been hit if this week had 5 days in it. On the other hand, we might have…