Bonds Getting Scary
Lots of excitement in this market as some major earnings were released. We discussed selling premium strategies in several of these stocks in last night's video and all of those strategies seem to be working today. With implied volatility up and interest rates rising the move on the major stocks have been muted allowing us…
Apple iPhone X Sales In Focus On February 1st
AAPL Earnings After The Bell On Thursday Apple stock is down 6.7% since January 18th because investors are worried about iPhone X sales. The worries stem from the report that the company cut its supplier orders. Initially it was reported that Apple cut iPhone X orders by 20 million which was half the initial estimates. However, a…
Markets Calm As The Italian Democratic Party Craters In The Polls
Italian Election Update The general election in Italy is now about a month away as it will be held on March 4th. The chart below shows the latest trends in the polling. As you can see, the left leaning establishment People’s Democratic party has been cratering in the polls. This shows the high level of…
How to Prepare Yourself for an Earnings Extravaganza
Stocks bounced around today and ended the day close to where they started. The market shook off the Fed's no change in the Fed Funds rate and now look towards earnings announcements. Watch this video newsletter update to find out which stocks have key earnings and potential strategies you can use...
The Good News Is Priced In - McDonald's, Long Term Stocks
McDonald’s Reports Great Results With the weakness from the Starbucks earnings report, investors were uncertain whether Starbucks did poorly because of execution issues or because of macroeconomic issues. The company blamed changes in the consumers’ tastes for the miss. The holiday drinks didn’t sell well. This led me to believe the environment is fine; it…
Did The Consumer Just Top Tick The Stock Market?
Consumers Were Confident About Stocks It’s interesting to see the amazing Conference Board consumer confidence survey after the recent two day selloff in stocks. The survey’s cutoff date was January 18th which means it doesn’t include the latest selloff. This recent report was historically optimistic which shows us that the sell off might continue. As you…
The Next 3 Days will Define the Stock Market
Is two days of selling a shot across the bow for investors? The next 3 days will see many key events - a State of the Union address, a Fed decision, employment numbers, and key earnings reports. For the first time in a long time the market is anticipating high risk into these key events.…
Solid Q4 GDP Report Portends Good 2018 Economy
Do Yields Matter Now? The stock market fell modestly on Monday as the S&P 500 was down 0.67%. Because the market has had such a spectacular year, this is the worst day so far. The 99 day streak without a 0.6% decline, which was the longest streak ever, ended. Some are blaming the increase in…
Mid-Term Election Years Have The Biggest Drawdowns
Q4 Earnings Look Great So Far Last week the FactSet aggregate S&P 500 calculations were severely altered by Citigroup’s one time loss related to the tax cut. This week FactSet changed the numbers as they calculated Citigroup’s earnings to be $1.28 instead of -$7.15. This excludes the one time write off related to the tax…
NASDAQ Volatility at Multi Year Highs
Stocks take a hit today as interest rates continue to climb higher. In tonight's important video newsletter you get a full analysis of the volatility in this market. Many key stocks are reporting quarterly earnings this week and the implied volatility is at levels not seen since 2016. Watch this video newsletter update to find…