Apple Rallies 4.48% On Earnings Beat
Apple Rallies - Small Caps Outperform Sharply On the day before the Fed’s rate decision and the trading session before Apple Rallies reported, stocks mostly fell. Although small caps rallied. On Tuesday S&P 500 fell 0.26%, Nasdaq fell 0.24%, and Russell 2000 rose 1.06%. VIX increased 8.65%. It’s interesting to see that the KBW regional…
Core Inflation Low Enough For Fed Rate Cuts
Core Inflation Low - Beyond Meat Clarification Before getting into Core Inflation Low - I want to quickly clarify the facts on the Beyond Meat secondary. New capital raised represents 0.4% of equity. Decline the secondary caused the stock to have could be good news. It could get rid of the post-IPO squeeze. The management…
Why Wednesday is So Important
Wednesday will be the big trading day of the week. What's happening and what's the plan? Corey walks you through the Federal Reserve interest rate decision and how it will affect stocks, bonds, Gold, and Oil and what levels you can use in your current or new trades. Not to be outdone by the fed,…
Beyond Meat Craters After It Announces A Secondary
Beyond Meat - Stocks Fall Ahead Of Fed Meeting Beyond Meat led the stock market to fall modestly on Monday. Investors await the Fed’s decision on Wednesday. We already know the Fed will cut rates once; stocks will react to the guidance. Investors are expecting a neutral cut because the recent labor and GDP reports…
Global Trade Falls 3rd Straight Quarter
Global Trade - Big Historical Revisions To GDP Global Trade ending up falling for the third straight quarter in a row. Q2 advanced GDP report like all advanced GDP readings was anticlimactic. Mostly because the results might not be close to the final readings. This is our best guess at GDP growth, rather than what…
Will Apple Come up Short?
This is a critical week in the markets with the FOMC announcement on Wednesday and July unemployment numbers released on Friday. Before that AAPL releases key earnings and outlook tomorrow (Tuesday) after the close. Watch this video to find out what trade ideas you could take around AAPL earnings...
Alphabet Drives Another New Record High For Stocks
Huge Friday Rally I am calling Friday’s rally “huge” because every point the market rallies, makes this an even more fantastic year. The S&P 500 was up 0.74% on Friday which means it is now up 20.7% year to date. This performance is over 1% better than the fantastic year that was 2017. The best…
Consumer Spending - Fantastic Growth Drives Q2 GDP
Kansas City Fed Index Falls Slightly We’ve seen a whirlwind of different manufacturing reports. Some reports were even shocking. The July Markit flash reading shows manufacturing output is falling at a 1% quarterly rate, while the June durable goods orders report showed core orders were up 2% yearly. The Philly Fed index rebounded sharply and…
Central Bankers, Low Rates, Buybacks - What could go wrong?
In this weekends update Don provides some insight on what to expect from the FED but more importantly how to turn those ideas into trades. We will also look at earnings trades, specifically what strategy is working well right now and to round things out Don makes a critical call on the financials.
Greed - There Is None In The Stock Market
Greed - Modest Decline In Stocks On Thursday There appears to be no Greed in the stock market. After hitting its record high a day prior, the stock market fell on Thursday. Even though the durable goods orders report and jobless claims beat estimates. S&P 500 fell 0.53%, Nasdaq fell 1%, and the Russell 2000…