Retailers Rally While Tech Sags (Because Of The Tax Plan)
Retailers Helped By Tax Bill The stock market indexes reflect the tax bill’s impact on earnings as the Dow rallied, while Nasdaq fell. The Dow was up 0.24%, the S&P 500 was down 0.12%, and the Nasdaq was down 1.05%. Many of the retail names did well because they have high tax rates. Gap stock…
Markets Reverse as Dip Buyers are Rejected
Stocks start out the day higher and then reverse as volatility continues to creep back into the market. In this video market update to find out what to watch this week as lots of trade opportunities are going to present themselves. Also, to learn more about How to Reduce Risk and Maximize Your Returns join…
Senate & House Tax Bill Differences Need To be Rectified
Tax Bill Timeline Monday’s market trading was affected by the changes in tax policy, once again, with the Dow underperforming the Nasdaq. Let’s first look at the timeline of the legislative process. The bill has gotten through the critical steps of passing the House and the Senate, but since both bodies passed different bills, there needs…
Manufacturing ISM Report Shows Deceleration
Italian Election Sees Surge In Right Wing Populism With the Italian election coming in March, we’ve discussed how a win by an unstable political party could be particularly harmful to Italian bonds because the ECB will be cutting its bond buying in half. Since the last time we’ve check on Italian politics, the trend towards…
The Market Rotation, the Volatility, and the Fear that Resides
Stocks across the board reached a fever pitch this past week. For the first time in 3 years the S&P made a 2 standard deviation weekly move. You must watch this crucial video market update to find out what to expect next week and the one indicator to watch like a hawk next week. This…
Senate Passes Tax Reform
Politics Pushes Stocks Around There was a sharp but temporary correction on Friday as it was reported that Michael Flynn will cooperate with Mueller’s special council. As with most political risks, the market shook it off after a few hours as the Dow only closed down 41 points and the S&P 500 was down 0.20%. This is…
OPEC Agrees To A 3 Month Cut Extension & A 6 Month Option
OPEC Comes To An Agreement After the big meeting OPEC had, WTI oil closed up 10 cents at $57.40, making this out to seem like an unimportant event. However, that’s not the case because this decision was already priced in. It was so important that the market calculated exactly how it would affect prices before…
Four Characteristics To Look For Before The Market Top is Here
Stocks continue to hit new all time highs today as stocks across all sectors moved higher. In this video update learn about the 4 characteristics to look for before calling a market top. Watch this video before you short the highs... Also, to learn more about how to use options for consistent returns watch this…
Why The Fed Might Be OK With Higher Inflation In 2018
Neel Kashkari: Minneapolis Fed President Is Fine With 2.7% Inflation On the day of the release of the Beige Report which showed price pressures are strengthening as economic growth is steady, let’s review a comment Neel Kashkari made about inflation. Neel did a Q&A on Twitter. One of the questions asked was what level of…
Senate Votes 52-48 To Start The Vote On Tax Cuts
FANG Stocks Fall On Tax Cut Talks Wednesday’s stock market action was driven by the changes that will go into effect when the tax cuts are passed. The Russell 2000 was up 0.38% and the Dow was up 0.44% while the S&P 500 was down 0.04% and the Nasdaq was down 1.27%. As you can…