Here is How Bonds are Firmly Driving Markets
Stocks continue its march higher to the pivotal 2842 gravity point. However, bonds are in control of the stock market. In this crucial weekend video newsletter update we look at the opportunities with the bonds rallying...
Mortgage Rates Drop The Most In Over 10 Years
Mortgage Rates - Stocks Set To Have Best Q1 Since 1998 Before getting into mortgage rates, let's review the current market. Technically speaking, each modest correction in the market is setting it up better to reach its record high. The big decline last Friday and the swings this week have kept the bulls honest even…
Jobless Claims Fall - Recession Not Close
Jobless Claims Plummet It’s clear that the labor market is in solid shape despite the weak February BLS report. The fact that jobless claims bottomed in September is meaningless because claims are so low now. I’m expecting the March labor report to be solid because of this. Estimates aren’t out yet, but I would be…
Bonds, Stocks, and Gold on the Move!
Bonds continue their big move higher while Gold gapped and traded all day lower as equities remained flat today. What does this mean and what levels are important in the broader levels of money flow across markets beyond equities? Corey explains that and more in tonight's video...
Treasuries Continue To Rally (Lowest 10 Year Yield Since December 2017)
Treasuries - Modest Decline In Stocks Big Rally In Treasuries Treasuries - There's a problem with anyone saying treasuries are knocking stocks down. Low yields aren’t causing stocks to fall. Instead, the same catalysts, such as declining economic growth, that cause bond yields to fall are causing stocks to fall. Keep in mind, that there…
Housing Market Ripe For A Solid Spring
Housing Market - Applications Spike Higher MBA applications report was fantastic in the week of March 22nd which was the first week of spring. On a weekly basis, the composite index increased 8.9% which was on top of a 1.6% increase. Purchase index was up 6% weekly after increasing 0.3%. Refinance index was up 12% after…
Expect More Volatility in the Days to Come
Stocks trade in a range as bonds continue to climb higher. In tonight's video newsletter we look at the crucial financial sector and what that means for the rest of the market...
Redbook Same Store Sales Growth Improves While Consumer Confidence Wanes
Redbook Same Store Sales - Big Tuesday Rally Redbook same store sales - If the market’s goal is to rally past the September record high without getting too overbought, the market is acting smartly. Corrections in early March and last Friday took some froth out of it. CNN fear and greed index is only at…
National Activity - Neither The Fed Nor The Market Accurately Forecast Rates
National Activity Index Falls The February Chicago Fed national activity index should please the bears as it was -0.29. Technically, this index fell from last month because January’s reading was revised from -0.43 to -0.25. Somehow, the 3 month moving average was revised down from 0.16 to 0. Previous reports must have been revised lower.…
Restaurant Stocks on the Move!
Which popular restaurant stocks are setting up good trading opportunities right now? In tonight's video, Corey discusses leading fast-food and restaurant stocks including McDonald's (MCD), Chipotle Mexican Grill (CMG), and others. Which stocks are into fresh new 52-week highs and what trades can we take from these price levels? Find out in tonight's video...