Get Ready for Negative Interest Rate Policy
Christine Lagarde has been tapped to lead the European Central Bank come the Fall and there is little question as to her intent regarding the future of interest rates. What might negative rates mean for the financial stocks and more importantly how can you trade this opportunity?
Stocks Decline After June Jobs Report Beats Estimates
Stocks Decline - Fall On Solid BLS Report Stocks Decline even though the BLS report was strong. Friday’s action was very interesting because the BLS report beat estimates. But stocks fell because the odds of a rate cuts fell. The market had been back to hoping the Fed would save it. I actually think the…
Weakest ISM Non-Manufacturing PMI Since July 2017
Weakest ISM Non-Manufacturing PMI - Weak Factory Orders May ended up having the Weakest ISM Non-Manufacturing PMI in nearly two years. May factory orders fell 0.7% monthly which missed estimates for a 0.5% decline. That’s pretty bad. Especially when you consider that the April reading was revised to show a 1.2% monthly decline instead of…
Whats Working in 2019 - Buying vs. Selling Options Premium?
A good jobs number shall place more pressure on the FED as unemployment hits 3.7% a low not seen since 1969. Additionally, we shall answer the age old options question... in the first half of 2019 did it pay to be a buyer or selling of options premium?
May Construction Report Terrible, But Solid June Motor Vehicle Sales
May Construction Report - Very Weak Residential Construction Growth The May construction report on spending was terrible. Mostly because of weakness in residential construction. It was down 0.8% monthly which missed estimates for 0.1% growth and April’s 0.4% growth. To be fair, April’s reading was revised up 4 tenths, so the comp got tougher. The…
Bonds are Driving the Purchase of Everything
Stocks continue to move higher in Holiday trading. The S&P hit 3,000 for the first time ever today. The stock market is all about interest rates right now. The 10 year treasury rate fell to fresh 2 year lows. With interest rates driving the prices of everything higher the question is - can rates fall…
10 Year Bond Yield Makes 52 Week Low While S&P 500 Hits Another Record
10 Year Bond Yield - Another Rally On Tuesday 10 Year Bond Yield - Before getting into the 10 Year Bond Yield, let's review the market. S&P 500’s winning streak hit 4 days on Tuesday as it hit a new record high. It’s close to significantly distancing itself from the prior 3 record highs which…
Non-Recessionary - Weak June Manufacturing PMIs Review
Non-Recessionary - Weak, But Not Disastrous Manufacturing PMIs June ended up being Non-Recessionary which shocked many investors. Calls for a recession grew louder. Despite the stock market at its all time high and weakness in the regional Fed manufacturing reports. Some investors were prepared for brutal manufacturing PMIs. That didn’t happen, which is a positive.…
How to Trade Tech Stocks into Resistance Targets
With stocks at all-time highs, most leading technology stocks are just under key resistance price levels, not keeping pace with the broader market. In tonight's video, Corey highlights the main tech names including AAPL, AMZN, NFLX, and GOOGL to note current resistance targets and how to adjust your positions into these upcoming levels.
Looking for a Reversal? Here is what you Need to Watch!
Several Sectors have reversed on a strong market day but Don will explain what sectors matter most moving forward and where the weakness lies. We will also weigh several trade ideas within the consumer sector as pressure mounts in several key stocks of this vital sector.