Are You Prepared For Friday After AAPL Earnings?
Friday's session gives us aftermarket reactions for major stocks including Apple (AAPL) along with the Monthly Jobs Report. Corey reviews key stocks you may be able to trade on earnings and expected move along with levels to watch for Friday's session.
Strong ADP Report Shows 227,000 Jobs Created
Strong ADP Report The October ADP private sector jobs report showed 227,000 jobs were created as you can see from the chart below. This beat the consensus by a wide margin. Consensus was 178,000 and the highest estimate was 200,000. Year over year growth in the BLS jobs report has been slowing which is slightly…
Inflation Meets The Fed’s 2% Target
Inflation - Income Growth Misses Estimates & Inflation Meets Them Personal income growth in the September PCE report came in at 0.2% on a month over month basis. It missed the consensus for 0.4%. Stripping out taxes, real disposable income growth was 0.1%. As you can see from the chart below, year over year real…
These Gravity Points Dictate Market Moves
Stocks explode higher bouncing off our 2682 gravity point all the way up to our next gravity point at 2731. There's a ton of opportunity in this market for you to get results. Let's get to those opportunities...
Facebook Stock Rallies On EPS Beat
Facebook Stock - Correction Allowed Facebook To Rally Facebook reported a similar quarter to its last quarter. It beat EPS estimates, missed revenue estimates, and missed user estimates. The difference between this quarter and the last quarter is the price of the stock. Its stock was at $217.50 on July 25th. Heading into this report,…
Fixed Investment Hurts Q3 2018 GDP The Most Since Q4 2015
Fixed Investment - ECRI Leading Index Goes Negative The ECRI leading index has been bearish on the American economy since late 2017. Now that the stock market has had 2 corrections in 2018, ECRI can claim victory even though GDP growth has been strong in 2018. It’s interesting to see media commentators and investors who…
Earnings and Expected Moves to Play Tomorrow
In tonight's video, Corey walks us through the rapid price movement after hours in big stocks including Facebook, EBAY, BIDU and plots expected moves for these and others that reported before the bell such as UAA, Master Card, and General Electric (GE) which continued its daily downtrend.
Q3 GDP Growth Of 3.5% Beats Estimates For 3.3%
Q3 GDP Growth - Solid October Consumer Confidence The University of Michigan consumer confidence reading came in at 98.6. It missed the prior reading and the consensus which were both 99. That’s not a big miss considering the volatility in the stock market lately. The final reading is down 1.8 points from the end of Septembet.…
Is This Selling Going to Stop?
Stocks went on a wild ride today with incredible volatility. Selling was relentless until an impressive rally in the last 15 minutes of the day left everyone wondering if we just saw capitulation. If you're wondering the same thing then watch this video now because you may be surprised to find out what may happen…
Earnings Revisions Predicted The October Swoon
Earnings Revisions - Predicted Stocks Would Fall Earnings Scout chart on earnings estimate revisions versus the S&P 500 did a great job of forecasting the volatility in October. I always put various economic and stock market related research into my articles. It gives readers an understanding of the bullish and bearish arguments. And it helps…