Higher Rates Rock the Russell – What’s Next?
As interest rates march higher interest rate sensitive small cap stocks are taking the biggest hit. Take a look at some of the winning trades today returning 100%, 150%, and over 200%. Here are the biggest opportunities in the market for the rest of the week...
Healthcare Sector Increases 14.1% In Q3
Healthcare Sector - Without GE Dow Increases 9.3% Healthcare was the best sector in Q3 as it increased 14.1%. That was its best quarter since Q3 2013. The next two best sectors were the industrials and tech which were up 9.7% and 8.5%. While tech has changed its makeup, Apple remains in the sector. Apple…
The Real Truth Behind Stock Buybacks
Time to separate fact from fiction when it comes to stock buy backs. With over $1 trillion in stock buy backs this year, the most since 2007, many traders don't know the crucial buyback rules. Find out the real truth in buybacks and the incredible trading opportunities that exist right now... If you want to…
Elon Musk Charged With Fraud By The SEC
Elon Musk Charged With Fraud The biggest news on Thursday was that Elon Musk is being charged with fraud by the SEC. This caused Tesla stock to fall 12.66% after hours. The image below explains the SEC’s case against Musk. It pertains to the August 7th tweet where he stated “Am considering taking Tesla private…
Jobless Claims Spike 12,000 Mostly Due To Hurricane Florence
Jobless Claims - Hurricane Florence Boosts Jobless Claims As I predicted, the jobless claims report was the first one to show weakness related to hurricane Florence. Jobless claims were 214,000 which was a 12,000 increase from the previous week. The 4 week moving average only increased 250 to 206,250. It was 1,000 higher than the…
Key Tech Levels to Watch Right Now
What levels are important in the /NQ and key tech stocks like AAPL, AMZN, FB, MSFT and others? In tonight's video, Corey walks you through the key trends, levels, and trade expectations for leading stocks and the broader market.
Stocks Fall After Fed Hikes Rates
Stocks Fall - Bank Stocks Fall Along With Treasury Yields The action on Wednesday was interesting. Both the sectors that like rate hikes and the sectors that don’t like rate hikes did poorly. The financials like rate hikes. However, they fell 0.99%, possibly because the Fed removed the term ‘accommodative’ from the statement. This pushes…
Hawkish Hike for Fed
Hawkish Hike This was a hawkish hike as the Fed increased its economic projections. We no longer need to review the changes to the FOMC statement line by line, because it has shrunk since Powell has taken the helm as chair. There was one change, other than the month and policy change. This continued the…
Markets Reject Fed Rate Hike
Stocks sell of after the Fed rate hike and change in language in their statement. The Fed dropped the phrase that its policy remains “accommodative.” In this video we show you the trades we took after the announcement and what kind of trades to take over the next 2 days as the market tries to…
Banks Underperform Despite Rising Rates
Banks Underperform The best two sectors were consumer discretionary and energy which increased 0.59% and 0.57%. The communication services index was up 9 basis points in its second day. Worst sectors were utilities and consumer staples which fell 1.22% and 0.73%. This action is related to heightened interest rates. It’s interesting to see that the…