Fed Acknowledges Risk Factors In Minutes
Fed - Stocks Are Getting Overbought Before getting into the Fed, let's review the market. With the 0.41% rally in the S&P 500, the index reached a 4 day winning streak on Wednesday. More importantly, the S&P 500 is up 9.95% since the bottom on Christmas Eve. The stock market is now overbought in my…
Millennials Face High Student Loan Debt & Expensive Housing
Millennials - Weak Wage Growth Coming? The December jobs report blew away expectations and provided fuel for the massive quick rally off the lows in late December. There’s no question that the labor market is strong because jobless claims are low and the previous two months were revised to show more jobs were created. The…
3 Decisive Reasons to be Long Term Bearish
In this crucial video newsletter we look at why you may want to be a long term bear right now. With the average bear market lasting 18 months and seeing a 40% correction have we only seen the tip of the iceberg? Watch now to find out...
Stocks - Biggest Reversal Since March 2009
Stocks - Biggest Reversal - Continue Rallying On Tuesday Stocks continued their rally off the Christmas Eve bottom on Tuesday as the S&P 500 increased 0.97%. The S&P 500 is now up 9.5% from the Christmas Eve low. Many prominent technical analysts would probably tell you stocks can’t bottom on a low volume day like Christmas…
Q1 2019 EPS Growth Expected To Be 5.02%
Q1 2019 EPS Growth - The Cyclicals Are Cheap Relative To The S&P 500 The chart below is shocking because the forward PE of cyclicals versus the forward PE of the S&P 500 is much lower than it has been since 1980. There are a few takeaways from this metric. The most obvious one is cheap…
New Level Plan for Stocks and Tech
With price fully achieving our prior bounce/rally targets, we update the simple action plan and note how to position short-term stock opportunities (XLK, MSFT, FB, AMZN, AAPL and others) into a sell-swing or continuation of the rally from these targets as we continue trading this week.
Wage Growth - Strongest Production Non-Supervisory Since 2009
Wage Growth - December Wage Growth Was Strong The December labor report was strong across the board. Specifically, construction added 38,000 jobs, retail trade added 24,000. Trade & transportation added 34,000, and professional & business added 43,000 jobs. Average hourly earnings growth was 0.4% month over month which beat estimates for 0.3% and last month’s…
Stellar December Labor Report Causes Stocks To Skyrocket
Stellar December Labor Report - Expectations Were Grim For The December Jobs Report Heading into the December jobs report, which was released on Friday, January 4th, the S&P 500 was 4.12% above its bear market trough. One of the top conversation topics in the financial media before the report was released was if a recession was…
Should Healthy Markets Bounce Like This?
Stocks continue to bounce after an incredible selloff. However, is this kind of bounce indicative of a healthy market or a market that is regaining energy for another big move down? Watch this video newsletter to find out so you're prepared...
Did the Bears Survive this Manic Week of Trade?
Stocks explode higher today, but back to within the expected move for the week. As we anticipated the market is rallying back to our gravity points. In this crucial weekend video newsletter update we focus on what's going to happen next in this manic market. Watch this video newsletter update right now to so you're…