Crash and Burn: Your Guide to Picking Up the Market's Pieces
Today gave us the largest one-day point drop in the Dow Jones which is a fright-inducing headline. Yes, it's getting serious, but there are opportunities in the volatility - they're just happening much faster than expected. Join Corey for tonight's video for a broad-based update on levels, key stocks, and how to get ready to…
Coronavirus Fear Provides Buying Opportunity
Selloff Continues, But Velocity Slows The stock market continued its losing streak on Wednesday as it has been down 5 straight days. Traders are loving this. If you have a time horizon of more than a few weeks, this is a great buying opportunity. S&P 500’s valuation is coming more in line with reality. There’s…
Housing Market Hits A New Cycle High
Housing Price Growth Improves The housing market has recovered in the past few months. In line with this, we’ve seen an uptick in price growth. That makes sense because demand is high and rates are coming down. If rates were to spike, we’d see a decline in price growth. But obviously the reverse is occurring…
Is this the End of the Bull Market?
The Corona Virus has infected the markets and the last 3 months of gains have been wiped out in 3 days. That's about $2.5 TRILLION of market value gone in the past 72 hours. Volatility is back as the S&P has now dropped an incredible 4 standard deviations so far this week. There are lots…
Stock Market Crash Continues
Fear Is Here: It’s Time To Start Buying S&P 500 fell 3.03% on Tuesday as fear over the coronavirus spreading globally gripped Wall Street. There is also some fear Bernie will be president. This decline is also about the stock market being overvalued. That situation has gotten better as prices have come down. The market…
Economy In Solid Shape To Handle A Coronavirus Shock
Uptick In Economic Growth In January Because of the crash in stocks, people probably aren’t that interested in economic data from before the coronavirus fears were gripping the world. However, it’s important to note how the economy was doing before the negative impact because it tells you how ready it was to deal with a…
Hitting the Brakes on a Collapsing Market
It took longer than expected perhaps but reality returned to the market this week and a wide wave of selling collapsed equity prices to fresh new impulse lows which catapulted bonds and Gold higher recently. Today, Corey takes a moment to step outside the intraday noise and focus on the broader daily and weekly charts…
Worst Stock Market Decline In 2 Years
Big Decline On Monday S&P 500 had its biggest 1 day decline in 2 years as it fell 3.35%. This decline was so severe, it wiped out the entire year’s gains as the market is now down 15 basis points in 2020. This was the kind of volatility investors have been searching for all year.…
Earnings Estimates Are Faltering
Existing Home Sales Fall Slightly In January, existing home sales fell from 5.53 million to 5.46 million which was a 1.3% monthly decline. Sales beat estimates by 10,000 and were revised 10,000 lower in December. As you can see from the chart below, the sales rate has been consistent for the past 4 years other…
Into the Vortex of Volatility
In tonight’s video, Don takes a detailed look at today’s volatile trading session including a few different sectors, trade opportunities, and where we think the marketplace will be headed from here. Don talks about the percentage moves that happened today and how we need to stay mindful of how this effects the big picture. These…