Retail Sales Improve In January
Retail Sales Improve - Stocks Rebound On Monday It’s not a surprise stocks rebounded sharply on Monday because they had fallen 5 days in a row. Stocks are constantly reacting to previous overreactions. Dow even rallied 0.79% despite Boeing’s 5.33% decline. This occurred because its 737 MAX 8 plane crashed in Ethiopia killing 157 people. …
Aggregate Income Growth Falls Sharply
Aggregate Income Growth Falls Just because the February labor report could be a blip doesn’t mean we shouldn’t review it. To be fair, the January labor report was also a blip since it’s highly unlikely job creation averages above 250,000 in 2019 let alone the 311,000 jobs created in January. The February report doesn’t signal…
An Explosive Rally Sets Up These Trades
Stocks explode higher near the edge of the expected move for the entire week. With triple witching this week can the market stay within this crucial range? Find out the trading opportunities that exist this week thanks to today's big move...
5 Day Losing Streak for Stocks
5 Day Losing Streak The stock market fell on Friday for the 5th time in a row. Stocks rebounded from the low on the day to only close modestly lower. Traders acted rationally in that they didn’t sell stocks vehemently on the BLS miss. They realized these reports can be volatile, so stocks didn’t crash. From…
Housing Starts Beat Estimates, But Job Creation Misses By A Mile
Housing Starts Improve in January The January housing report improved partially because the California wildfires didn’t crush starts like they did in December. Most investors knew the weather hurt results. But I we weren't sure by how much because the housing market also was weak in December. This was due to cyclical reasons and starts…
Is the Market Turning its Back on Central Banks?
In this crucial weekend video newsletter update we turn our focus to the macro economic environment. There are very strong signs that a recession is on the horizon and the question will be if the Fed tries to intervene how will the market respond? Let's look at a few possible scenarios and what you can…
Stocks Fall 4 Straight Days
Stocks Fall - Extend Losing Streak The stock market sold off for the 4th straight time on Thursday. S&P 500 fell 0.81%, Nasdaq fell 1.13%, and Russell 2000 fell 0.86%. Personally, I find the headline that the stock market fell on fears of an economic slowdown humorous. There were plenty of bad economic reports in January and…
3 Bear Markets Since 2009
3 Bear Markets - An Explosion Bears love to mention how the economy is due for a recession and the stock market is due for a collapse. That’s a mistake because there have been a few slowdowns and technical bear markets this cycle. Technically, there is no numerical definition of what makes a recession. Some…
Key Sectors in Play Right Now
There's a surprising message from sector activity right now - and a sector you might not expect just made a fresh new 52-week high. Which sector is it and what does it mean about the broader market? Corey explains the current activity and opportunities in tonight's video.
Solid ADP Report Signals Strong BLS Reading Ahead
Solid ADP Report - Small Caps Selloff The stock market continued its selloff on Wednesday. S&P 500 fell 0.65%, Nasdaq fell 0.93%, and Russell 2000 fell a whopping 2.01%. Finally, the stock market has had a mini-correction as the S&P 500 is down 1.15% from its closing high on Friday. As you can see from…