In This Market You Don't Need to be Right...
Stocks sell off in the morning and rally back all day. In this current market environment the one thing to remember is you do not need to be right directionally. It's way more important you have the right strategy. You may want to watch this video newsletter update now to make sure you're using the…
Stocks Fall On Renewed China Trade Jitters
President Trump Still Negotiating With China There is certainly communications inconsistency from the White House on the China trade talks. Mnuchin stated there had been meaningful progress with the negotiations and the plans just needed to be implemented. In an impromptu media Q&A with the President who was at a meeting with the President of…
Dodd Frank Amended
Leading Indicators The economic data is important to my thesis which states you should be buying stocks at these prices. It may not seem like the economy moves stocks, but fundamental investors might not react within the minute a report is released like the algorithms do after a geopolitical event occurs. The chart below shows…
Two Fades for the Russell 2000
Stocks giving back some of the gains from yesterday. In this video newsletter update we take a close look at the crucial level in the market. It's make or break time. You may want to watch this video now for a trading opportunity you can take advantage of tomorrow...
Monetary Policy Sweet Spot For Stocks
Market Hitting New Highs In the past few quarters, hitting new highs meant new all-time highs, but now it just means the highest prices since March. The S&P 500 was up 0.74% which means it is at the highest price since March 15th. The S&P 500 is now up 2.22% year to date. The next…
24.5% Earnings Growth Is Bullish For Stocks
93% Of Firms Have Reported Q1 Results According to FactSet, 93% of S&P 500 firms have reported earnings. These firms have a blended earnings growth rate of 24.5% as 77% have beaten sales estimates and 78% have beaten earnings estimates. If the 78% beat rate holds up, it will be the highest beat rate since…
Indices Present an Excellent Trade Setup
Stocks rally as the trade war is called off. You may want to watch this video right now for lots of excellent trading opportunities you can take advantage of this week...
3.2% Q2 GDP Growth Expected Which Is Bullish for Stocks
Solid E-commerce Sales The e-commerce sales for Q1 were released on Thursday. The quarter over quarter seasonally adjusted sales were up 3.9% which was higher than last quarter’s 3.2% growth. However, the year over year growth was down from 16.9% to 16.4%. Unsurprisingly, there was a big share gain since the retail sales at brick…
This is Why Lower Volatility Will Not Last Long
Volatility settled back down by the end of the week, but will this last? In this crucial weekend video newsletter update we look at the reasons why this volatility may not remain low for long. You may want to watch this video right now for lots of trading opportunities you can take advantage of next…
Russell 2000 Hits Another Record
Slightly Negative Friday The stock market was down slightly on Friday as the Nasdaq was down 0.38% and the S&P 500 was down 0.26%. The S&P 500 remains stable right after it broke out from its streak of lower highs. Personally, I’m bullish on American economic growth and earnings which means I expect a new all-time high,…