Global Growth Falters: Italy Faces A Recession
Global Growth Falters - Classic Late Cycle Economy The latest catalyst for stock market weakness is global growth. Global growth weakness matters a lot more when the American economy is also weakening. Fiscal stimulus delayed this weakness from impacting America for the first 3 quarters. But unfortunately global growth has fallen further. And, the fiscal…
What Matters Most as Selling Heats Up
Stocks crater today led lower by AAPL, GS, and BA. Here are the key levels and markets to watch this week to know if the selling is over or just getting started. Watch the video newsletter update right now so the market doesn't blind side you this week...
Stocks Decline On Trade Jitters
Stocks Decline - End A Great Week On A Bad Note The stock market sold off sharply on Friday as the S&P 500 fell 0.92%. Nasdaq fell 1.65%, and the Russell 2000 fell 1.82%. VIX was up 3.83% to 17.36. CNN Fear and Greed index fell from 29 to 18 which is extreme fear. This…
Did You Think The Selling Was Over?
Stocks took a hit on Friday, but in this crucial weekend video newsletter we want to look at the type of stocks taking a hit. Investors are pulling funds out of the wealth effect stocks and into more safe and recession-proof stocks. Watch this video to find out about the trading opportunities ahead...
Earnings Estimates Keep Falling
Earnings Estimates - Small Caps Undervalued? As you can see from the chart below, the forward PE of Russell 2000 firms is below the forward PE of Russell 1000 firms. At the end of October, the forward PE of Russell 2000 firms was 14.9 and the forward PE of Russell 1000 firms was 15.8. This…
Fed Avoids Discussion On Stock Market Volatility
Fed Changes Little In Its Statement As expected, the Fed kept the funds rate the same which is in between 2% and 2.25%. Since Powell took the helm as chair, the Fed statement has been short. It has provided little detail into the Fed’s thinking. After shrinking in the past few months, the November statement…
What's Next after our News Heavy Week
We're on the other side of earnings from major tech companies, GDP, the monthly Jobs Report, the 2018 Midterm Election, and now the November Fed Day. What levels are important for the market, what's the dominant and alternate thesis, and what are we expecting for key stocks such as AAPL, AMZN, MSFT, NFLX, and GOOGL? …
Stocks Exit Extremely Oversold Territory
Stocks Exit - Biggest Post Election Rally Since 1982 The stock market rallied sharply after the midterm elections. Dems won the House and the GOP held the Senate. S&P 500 usually rallies 0.7% after the midterms. Instead it rallied 2.12%. This is the biggest increase since 1982 when it increased 3.9%. It’s good to get…
FAANG Stocks Win The Midterm Elections
FAANG Stocks - Midterms Tell Us Economic Growth Is Strong The table below shows the historical midterm election results where the President is in his first term. In the 2018 election, the GOP lost about half of the House seats the Dems lost in 2010. They gained Senate seats unlike the Dems who lost 6…
Will this Rally Hold?
Stocks explode higher now that the election uncertainty is over. What's next? Watch this video newsletter update to find out about the tremendous opportunities setting up right now throughout the market... If you need help growing a small account tune into tonight's webinar - “How To Turn A Small Account Into A BIG Account” with…