Manufacturing & Industrial Production Look Great
Industrial Production Was Strong I’m looking for green shoots in the economy as I expect Q2 to be a rebound from Q1. American economic growth is headed in the opposite direction as Japan and Europe which have decelerated. Emerging markets are doing poorly because the dollar has strengthened. After we get some green shoots, I…
Russell 2000 Hit A Record High
Russell 2000 Hits A New All-Time High The stock market reversed most of Tuesday’s decline as the S&P 500 was up 0.41% on Wednesday. It was a big day for the Russell 2000 as it hit a new record as it was up 1%. Some say the small caps can be leading indicators for the S&P 500. Here’s…
Apple Services Business Reviewed
Apple Services Revenue Mix Apple’s services business is becoming a big part of the thesis behind buying the stock as the smartphone market is saturated and there’s probably a limit to how much Apple can raise the prices of its iPhones. There was some pushback from the consumer after the $999 iPhone X came out.…
The Range, the Volume and Levels You Need to Know
Stocks slightly lower on the day as equities try to come to terms with higher interest rates. In this video newsletter update let's look at the levels you need to keep a close eye on. Watch tonight's video newsletter update for lots of trading opportunities you won't want to miss...
Markets Stall, Here is What Will Drive the Next Move...
Stocks rally back slightly today, but the market is stalling because of rising interest rates. Can stocks go higher over the long term while interest rates rise? Watch tonight's video newsletter update to find out what to watch in this market right now because it's not what you think...
10 Year Yield Hits 3.09%: Still No Panic In Stocks
Slight Decline On Tuesday The stock market was down slightly on Tuesday as the S&P 500 was down 0.68% and the Dow was down 0.78%. The Dow ended its streak of 8 straight up days. The Russell 2000 was actually flat after it underperformed Monday. The sector performances show the main action on the day was…
Retail Sales Miss Can’t Support The Recent Rally
Market Sentiment Neutral It’s worth reviewing the market sentiment because we are in an uncertain moment in the near term for the stock market. The S&P 500 was able to exit the streak of lower lows. By doing this, it became fairly overbought in the past week. The hope was that this rally wouldn’t fade…
Where Will Markets React in a Rising Rate Environment?
Stocks get shook up today as interest rates pop higher once again. In this video newsletter update we analyze key charts on multiple time frames. Watch tonight's video newsletter update for lots of opportunity ahead of us...
Rate Hikes Coming In June & September
Flat Stock Market On Monday The S&P 500 was up 0.09% as it gave back most of its gains from the morning. The Dow now has an 8 day winning streak. The Russell 2000, which is the closest major index to its all-time high, was down 0.4%. This flat market supports my thesis that the…
Retail Industry Up 18% Year To Date (S&P 500 Up Only 2%)
America Set To Outperform? Analysis have been toying with the thesis that America might take a strong leadership role in the growth of advanced economies. This would expand the S&P 500’s earnings multiple as capital comes back to America. America has weak competition as there has been a slowdown in Europe; South Korea has seen…