Another Day, Another Rally?
In today’s video, Don details a number of sector rotations, a little bit about bonds, a little more about volatility and shows what is effectively in play at the moment. Don confirms that the expected $50 move, that he had been discussing recently, did in fact happen this afternoon. How does this effect the somewhat…
Health Insurance Stocks Near A Record High (No Bernie Worries)
New Record For Stocks Despite Coronavirus With the S&P 500’s 0.17% increase on Tuesday, it hit yet another record high. It’s up 3.93% year to date which is just 7 basis points below my original full year price target. U.S. stock market is being boosted by the expectation that the U.S. consumer will power the…
Job Openings Plummet (Why That’s Not Scary)
Redbook Sales Growth Falls: Consumers Are Financially Confident In the week of February 8th, Redbook same store sales growth fell from 5.7% to 4.8%. That’s not a disaster, but it’s less growth than you’d expect to see if the consumer was on fire like the confidence surveys suggest. Recent Gallup polls were remarkable as the…
Bulls Marching but What do we Do Now?
In tonight's video update, Corey again highlights the key stocks joining the market at yet another new high and highlights which "strong stocks are getting stronger" - but more importantly what to do with them. He also checks up on broader money flow and trade idea updates in Bonds, Gold, Oil, and of course stocks.
Energy, Apple, & Dem Election
Coronavirus Continues To Cause Trouble Predictions that energy would do well this year were blown out by the coronavirus which lowered Chinese demand for commodities. Furthermore, even though Apple has a big presence in China, its stock hasn’t reacted negatively to the news. That’s the worst case scenario for the trade. It went wrong due…
Sorry Bears, 2020 Is A Cyclical Upturn
Very Long Expansion We’ve recently seen a decrease in personal income growth, which has led to an increase in credit card usage in December. Specifically, personal income growth has fallen from 6.1% in July 2018 to 3.9% in December 2019. It's okay that the consumer taking on some debt this cycle because there has been…
Monsters of Tech Dominate Markets but for How Long?
In today’s video, Don takes a close look at the NASDAQ and the Monsters of Tech. Driving all of the order flow, the Monsters of Tech are dominating the markets. What else matters in this marketplace? Don suggests there may be a substantial move to the upside based on the role financials will play. Tune…
Labor Market Reaches A New Expansion High
Stocks End 4 Day Winning Streak The stock market fell modestly on Friday in spite of the solid jobs report. Before you question the market’s sanity, remember that there just was a big rally back to new highs. In 4 days, the S&P 500 increased a combined 3.73%. It was a quick recovery from the…
Another Great Jobs Report
Benchmark Revision Let's first review the benchmark revision to historical job growth. Job creation from April 2018 to March 2019 was revised lower by 514,000. This was the biggest downgrade in payrolls growth since 2009. Keep in mind, that the BLS pegged the revision at -501,000 a few months ago. The change was incorporated into…
Sustained Volatility Near at All-Times Highs?
For the 4th consecutive week markets explode passed the expected move. Don provides a detailed analysis of the current state of the markets. Here are the trading opportunities you need to be aware of...