The Baton is Passed to Banks and the Russell 2000
Stocks take off to new all time highs led by banks and the small cap stocks. The message in tonight's video newsletter update is don't fight the trend. Don't be the bear standing on train tracks thinking the train will stop because you're standing on its way! Watch tonight's video to find out how can…
Room To Run In Public & Private Non-Residential Spending
Yield Curve Expected To Flatten The latest difference between the 10 year bond yield and the 2 year bond yield is 58.44 basis points. That’s about 8 basis points of steepening from the bottom on January 4th. The CME website shows the next likely rate hike will be in March as there’s a 1.5% chance…
The Dow Is The Most Overbought Since 1904
End Of The Streak- Stocks Still Overbought The stock market finally ended its remarkable run to start the year, but stocks are still euphoric. This 0.11% selloff in the S&P 500 only ends the streak; it doesn’t make stocks less overbought. As you can see from the chart below, the 14 day RSI on the…
Trades for a Rising Interest Rate Environment
The first down day of the year is here as stocks sold off slightly on the news out of China that they might stop buying US Treasuries. Watch this video newsletter update to find out the types of trades to take in a rising interest rate environment. To prepare yourself for the traders market watch…
Savings Rates Not Increasing With Fed Funds Rate
Zero Indicators In A Recession With the Atlanta Fed GDP Now forecasting 2.7% GDP growth in Q4 and the blue chip signaling a similar result, it’s not surprising to see the chart below show that 0% of indicators are in a recession. The net percentage of indicators which are accelerating has improved after a modest…
Stocks Hit A Record 6 Straight Days To Start The Year
386 Days Above The 200 Day Moving Average The record for consecutive new highs to start a year has been tied in the Nasdaq and the S&P 500 as stocks rallied again on Tuesday. As you can see from the chart below, the S&P 500 is in the 2nd longest streak where it has been above…
What Sectors are Peaking and What's the Next Target for Rotation
The stock market has opened the year 6 for 6. 6 trading days 6 up days. Watch this video newsletter update to find out the current stage of the market, what sectors are peaking, and what to expect in the weeks ahead. To prepare yourself for the traders market join Don Kaufman on this free…
Second Longest Record Streak To Start A Year
Stocks Have An Endless Bid The S&P 500 was up again on Monday, foiling my thesis that there would be a correction this week. The S&P 500 is up 5 out of 5 days this year for a gain of 2.77%. Some investors who outperformed last week already had gains which equal a good year in…
Best Pre-Earnings Period Since Q4 2010
Q4 Earnings Estimates Look Great This has been a remarkable pre-earnings period because the estimates have only moved down 0.3%. As you can see from the chart below, the earnings estimate change has been the best since when they were increased by 0.6% in Q4 2010. Q4 2010 was when the economy was just recovering…
Here's the Shocking Truth About Market Manipulation
The stock market has opened the year 5 for 5. 5 trading days and 5 up days. Watch this video newsletter update to find out how the market is being manipulated by only a fraction of the stocks... To prepare yourself for the traders market to come join me on this free online seminar, “How…