This Might Not Be What You Think it is
Stocks took off higher on Friday and didn't look back as a rosy payroll report came out. The SPX ended the week making a 2 standard deviation move higher. In this crucial weekend video update we look at how the options market can't get its pricing right and bonds in a precarious position. Watch the…
313,000 Jobs Added In An A+ Labor Report
Stocks Rally The jobs report was perfect as it sent stocks moving much higher. The Dow was up 441 points. The S&P 500 was up 1.74% and the Nasdaq was up 1.79% to a record high. The VIX fell 11.49% to 14.64. Oil was up 3.19% to $62.12 because of the optimism created by the…
Stocks Rally Despite Tariff Announcement
Headlines Change As Tariffs Aren’t So Bad Last week some feared a trade war, a recession, and a bear market. This week all of that has been forgotten as the S&P 500 was up 0.45% on Thursday which was the day of the tariff announcement. President Trump announced that a 25% tariff on steel and…
The Fed Giveth, and the Fed Taketh Away
Stocks continue to move higher with an important jobs report coming out Friday morning. Watch the video tonight to be prepared for the next few weeks... Further prepare yourself for the traders market and watch this free online seminar, “How to Sell Credit Spreads for Income” here: https://archive.theotrade.com/sell-spreads-replay/
Consumer Confidence Soaring But Spending Growth Is Modest
Consumer Confidence Irrelevant Many bearish investors have used the heightened consumer confidence reports to justify their negativity. They want to fade the optimism because when euphoria occurs, it’s usually followed by despair. I certainly agree with this mindset when it comes to the consumer’s opinion on the stock market over the next year. We saw…
ADP Report Signals Economy Could Run Hot
Amazing ADP Report- Economy Could Run Hot The labor reports have become more important lately because they help us determine if the economy is running hot. A bad report is usually considered a one-off event. It’s sometimes blamed on the weather; investors expect it to be revised higher. A solid report is the sweet spot…
Is Your Risk in Check?
The roller coaster ride started last night as the economic adviser to the President stepped down. The sell off lasted until the opening bell this morning when there was a sharp reversal ending the day higher. In this important video newsletter update we look at how much risk the market is telling you is there.…
Gary Cohn Out, Nor-easter In and Stocks Rally
Gary Cohn Resigns The President’s chief economic adviser, Gary Cohn, plans to resign. This likely means the tariffs will go through in some manner because he was staunchly against them. Cohn brought stability to the economic team and was a big proponent of the tax cuts. Obviously, the tax cuts have already been passed, but…
Stocks Will Fall 36% In The Next Bear Market
Earnings Estimates Done Going Up There has been a sharp multiple compression this year which makes it less likely stocks will crater. Stocks had a correction in February, but are up year to date. The compression has come from earnings estimates increasing dramatically in the past 3 months. As you can see from the chart…
How to Spot the Markets Next Move
The trade war is on... then off as stocks react to the trade news. In this important video newsletter update we look at the range in all the indices that traders need to keep a close eye on. Whether you're trading stocks, options, or futures these key levels are going to determine where the next…