First Half Of 2018 To See Weak Economic Growth
Stocks Decline Over Trade War Fears The Dow had the worst day of the major indexes as it fell 1%. It underperformed because Boeing fell 2.5%. Boeing is a high priced stock which matters in the price weighted Dow. The S&P 500 was down 0.57% as it makes its way back to the mid point…
Soft PPI & Retail Sales Reports
PPI Inflation Index Echoes Recent Trend The recent data for February shows inflation isn’t reaching the same rate it was at in January. It appears analysts got too excited about the reports to start the year. Everyone got on the inflation bandwagon because of low unemployment and the length of this business cycle, but those…
Setting Up Confluence Levels on the S&P
Stocks sell off again today, but in tonight's video newsletter we look at multiple signals telling us a key level of support is near. Watch the video now to find out the key level as well as trade opportunities in a few individual stocks... Learn how to generate consistent returns at our Return of the…
Could Tariffs On China Hurt Stocks?
The Market Is Still Range Bound Stocks had a poor day on Tuesday as the S&P 500 fell 0.64% and the Nasdaq fell 1.02%. The Nasdaq was hurt by Qualcomm which was down 5% because the merger with Broadcom was struck down by President Trump on Monday night. I still think the market is stuck in its range. At…
Mild CPI Report Changes The Markets’ Tone
Inflation Data Shows Modest Price Increases After a few months of acceleration in inflation, the CPI and PCE reports have become the most important economic reports to the market. Investors and economists expect a big pick up in inflation this year. I have switched from being bullish on inflation to being bearish on inflation based…
And You Thought Volatility was Dead?
Stocks sink lower as volatility returns into the market. In this crucial video update we look at several trading opportunities. Watch the video now to get the trades... Learn how to generate consistent returns at our Return of the Trader live event. Get your ticket here: https://archive.theotrade.com/live/
Stocks Fall After Revenue Beats Expectations
Beat Expectations, Stock Falls Anyway In the Q2 2017 earnings season, the market was acting weirdly. Stocks were falling when firms were beating sales expectation. My guess was that stocks priced in great results, so investors weren’t enamored after results were beat. In the Q1 2018 earnings season we’re seeing the same phenomena occur. As…
These Mega Market Caps Defect
Stocks ended the day mixed - the Dow was down, the S&P was flat, and the NASDAQ was higher. What gives? In this crucial video update we look at how the options market can't get the pricing right and how investors are playing the shell game with the biggest stocks. Watch the video now…
Most Jobs Added Since At Least 2000
Labor Force Participation Rate Even though I’ve already done two articles on Friday’s labor report, there’s still more to unpack. The ADP report showed 235,000 jobs added. For an apples to apples comparison with the BLS report, you look at the private payrolls. Month over month, the private payrolls were up 287,000. While both will be revised, as…
Stocks Love Lack Of Wage Growth
Inflation Feared Less There was so much information in the February labor report, it needs a few articles to get through each data point and explain what each indicator means. The stock market rallied because there was jobs growth, but not much wage growth. In the previous few years of this expansion, the market wanted…