Bearish Correlations are Back! What you Need to Know
A weak ISM report sent shares tumbling this morning and sent correlations surging. What does this mean and how might it affect your trades? Join Corey in tonight's video where he explains the key levels in play in the market right now and the correlations among stocks are rising to join into a new bearish…
October Should Have A Lot Of Fireworks
Q3 Ends On A High Note With its modest rally on Monday, the stock market closed out the quarter positively, continuing this great year. S&P 500 moved closer to 3,000 which it has been stuck near for weeks. Anyone who claims to look at stock returns on a yearly basis instead of year to date…
ISM Manufacturing PMI Should Be Near 50
Slightly Improved Consumer Confidence Shocking August consumer confidence reading which caused everyone to discuss the impact of tariffs was updated on Friday. It showed a modest improvement. At first, the University of Michigan index seemed important because August retail sales growth was strong. With the weakness in real consumption growth in the PCE report, many…
These Key Stocks Continued to Diverge Lower
Stocks explode higher all week ending above the expected move. In this crucial weekend video newsletter update we focus on how you can determine how much risk you're comfortable with. Watch this video newsletter update right now to so you're not blindsided in next week's trading...
Investors Worry - Will The White House Block All US Investments In China?
Stocks End The Week Lower Stocks fell on Friday because the White House is considering blocking all US investments in China. To me, this seems like a lot of speculation and not much actual news. This report stated the discussion is in its preliminary stages and nothing has been decided. There also isn’t a time…
Consumption Growth Disappoints, Sending Q3 GDP Growth Estimates Lower
Real Consumption Growth Falls In August, real disposable personal income growth was solid, but real consumption growth weakened. That signals a decline in confidence as was shown in the August University of Michigan report. Consumption growth in the PCE report wasn’t consistent with the solid retail sales report. As you can see from the chart…
On the Verge of Volatility?
Sector rotations have continued in the marketplace in effect holding back any heavy volatility from hitting broader markets. Join Don Kaufman in this weekends update to find out why rotations will cease and why correlation is about to become a very dangerous word for market participants. Trade Wars, Unemployment numbers and tweets, get Ready for…
China and America To Meet In D.C. On October 10th & 11th
Slight Decline On Thursday: Peloton IPOs Stocks declined slightly on Thursday, although, I think they would have risen if the news about the timing of the U.S. China talks had come out before the close. Specifically, the S&P 500 fell 0.24% which put it near where it has been for most of the month. One…
Pending Home Sales Increase In August
Another Great Housing Market Report Yet another solid housing market report came out in the Pending Home Sales index. The July reading wasn’t that great as the index fell 2.5% to 105.6. But the August index was strong as it increased 1.6% to 107.3. This makes it look like the new home sales report as…
Strange Trending Stocks at the End of September
As we rush toward the end of September and the third quarter of 2019, the market stands on the edge of a critical inflection point. In tonight's video, Corey updates you on the key stock market levels to frame your trades and highlights strange observations from strongly trending stocks that are sneaking their way higher...