Improved Core Capital Goods Orders & CFO Confidence
Solid Core Capital Goods Orders Growth There are a few details that cloud the November durable goods orders report making headline growth not very useful. Some have argued that we should just look at the headline numbers because there are always one time factors that cloud them. Firstly, if there is always a reason to…
Markets Have Gone Too Far...
The overall market continues to hit the edge of the expected move in an unprecedented efficiency to the market. However, actual moves are outpacing expected moves in many key stocks. Why is this happening and how can you capitalize on this opportunity? Watch this key weekend video newsletter update now to find out...
10 Straight Records For The Nasdaq
Stocks Rally Yet Again: Extreme Greed Remains Large cap stocks obviously increased on the day after Christmas since the stock market has a lot of momentum and it’s a great time of year calendar-wise. The stock market has been overdue for a correction for a couple weeks. But we haven’t expected one to occur in…
Strong December Holiday Shopping Sales
Consumer Looks Great Consumers had a great December which should boost PCE growth and GDP growth. Expectations for a strong holiday shopping season appear to have been met. But let’s wait until the retail sales report comes out before we declare victory. Wal-Mart, Amazon, Costco, and Target all did great. Sales are shifting online. But…
Amazon AMZN Leads Tech to New Highs. What Stocks Joined Them?
The NASDAQ burst higher with a trend day thanks in large part to Amazon (AMZN) and other leading tech stocks with some key financial names. Which stocks from our list joined and how are we trading these "strong stocks getting stronger" candidates in this overbought market? Corey explains a couple quick strategies in tonight's video.
Stocks Have Risen 11 Of The Past 14 Days
Yet Another Rally: Euphoria Is Here The stock market increased again on Monday which isn’t a surprise given how much momentum stocks have and the calendar effect. S&P 500 is now up in 11 of the past 14 trading sessions. It's expected continue. According to FactSet, as of December 20th, the S&P 500’s forward PE…
The Consumer Had A Strong Holiday Shopping Season
December Retail Sales Should Be Great Final December consumer sentiment reading showed consumers as very confident. Sentiment improved, not that it was weak in November. It’s interesting that the savings rate increased in November. Even though it was during the holiday shopping season and consumers were optimistic. Last time spending was weak (December 2018), sentiment…
A Touch of Holiday SKEW?
In tonight’s video, Don reminds us to mindful that things do continue moving even during this relatively slow holiday week. Even though tomorrow is half a trading day, we can expect that implied volatility should be down, however, the remainder of the week will still have some volatility packed in there. Tune in and find…
Rally Reaches Insane Proportions: Raise Cash!
Insanity Continues This bull market insanity continued on Friday as stocks rallied again! The stock market has momentum and the calendar effect is strong. However, this rally has gone too far. This is the exact opposite of December 2018 when stocks were cratering. It’s important to note that stocks exploded in 2019 because they started…
Income Growth Improved In November (126 Months With No Recession)
Existing Home Sales Disappoint Considering how great housing starts, permits, and home builder sentiment were, it’s surprising the November existing home sales report was weak. It wasn’t a disaster, but it did fall from last month and miss the low end of the expectations range. Existing home sales in October were revised from 5.46 million…