Low Wage Workers To Get A Pay Hike
Low Wage Workers Getting Another Raise A big negative for workers in 2020 will be the rise in headline inflation because of the increase in oil prices. In the next few months, comps will get tougher, but oil prices will likely rise this year. Fundamentals of the labor market look great for middle and low…
A Time to Sell?
Stocks rocked on geopolitical risk, but still remain inside the expected move for the week for an unprecedented 22nd straight week. What are the risks and opportunities heading into next week? Watch this crucial weekend video newsletter update now to find out so you're prepared...
Another Rally, But Geopolitical Issues Loom
Market Starts The Year Extremely Overbought On Thursday, the market continued where it left off in 2019 by rallying sharply. Markets might face trouble on Friday. For now, let’s review the action that has occurred already. S&P 500 rose 0.84% on Thursday. Predictions of renewed volatility this winter goes against the recent action in the…
Manufacturing Sector Had a Weaker December
Apple Larger Than Energy Despite the huge growth in American oil production to a record high due to advancements in fracking, the energy sector’s weighting in the S&P 500 is the lowest since at least 1990. Part of that weakness might be because some view this production as unsustainable due to high decline rates. A…
Bulls Dominating 2020 So Far - Your Update and Plan
Though it's just one day into the new year, bulls seized control to close the market at yet another all-time high. In tonight's video update, Corey discusses where the money is flowing, which sectors are strongest/weakest, and what might be a good short-term tactic for trading this non-stop bullish market...
Ending 2019 and Beginning 2020 Overview
Let's review where we are in the market as we get ready to celebrate the beginning of 2020. In tonight's video, Corey walks you through the sector performance and gains in 2019 and what that means going into 2020. Then, he highlights key stocks for you and suggests ideas for study through the holiday.
2020 Predictions: No Rate Cuts, No Recession, Sell Apple, Buy Energy
Monday’s Decline The stock market has been on a rampage in the past few weeks. It has been due for a correction. Personally, I expect the start of 2020 to be volatile and see 3% to 5% gains in 2020. If you buy at the correction trough, it will be like a normal year of…
2020 Forecast: Election To Cause Volatility?
Trade Balance Helps GDP Estimates Let's first discuss the latest report on trade which boosted GDP estimates. Then, GDP Nowcasts and ECRI leading index which don’t include this latest data yet. Either way you look at it, GDP growth should be very close to 2%. That’s what I predicted back in November. If the PCE…
Selling in the New Year?
Stocks seeing a little selling today for the first time in a while. Is this real selling or profit taking before the end of the year? Let's take a look at what real selling in this market would look like...
Sentiment Suggests A Pullback Is Near
Stocks Stay Overbought Stocks were on their way to another solid day, but they fell in the afternoon; the rally in the last few minutes of the session didn’t cancel out all the losses. Alas, the Nasdaq wasn’t able to hit a record high for 11 straight days. That would have been the longest such…