Stocks React To Speculation About An Interim Trade Deal

Trade Deal Could Spark A New Run Higher It’s no surprise stocks rallied on Thursday because of President Trump’s positive tweets on trade on Wednesday evening. This is why you can’t just sell stocks if there are a lot of tweets. That study that showed a high number of tweets being associated with down days…

Core CPI Hits A Cycle High

Headline CPI Misses & Core CPI Beats The August CPI report doesn’t change anything about near term Fed policy. It only alters my thinking on the economy slightly. These slight changes drive the day to day action, so they aren’t something to gloss over. Specifically, headline CPI was weak as it was 0.1% monthly which…

What are we Doing with Stocks Near All-Time Highs?

As the short-squeeze continued, the stock market almost achieved new all-time highs today on bullish news from Europe and from China. How have our trading plans changed and what is the current update for Friday and early next week?  Join Corey in tonight's video as he discusses money flow and opportunities for profit and protection…

Apple Drives Market Near Its Record High As Trade War Cools

Stocks Near Record High The overall market rallied on Wednesday and small caps outperformed again. S&P 500 was up 0.72% to 3000.93. Its record closing high is 3,025.86. A record high is coming soon. Once again, the market rose sharply in the last 10 minutes of the trading session as it was up 0.2%. It…

Hiring Growth Improves In July

Solid MBA Applications Report MBA applications report from the week of September 6th showed the composite index had weekly growth of 2% after it fell 3.1%. This was a great report. But one has to wonder how the housing market will deal with higher rates. I don’t expect treasury yields to increase significantly. But there could…

Treasuries Selloff Further As the Dam Breaks

Another Day Where Big Caps Are Flat & Small Caps Rally Once again, the S&P 500 was flat as it increased just 3 basis points on Tuesday. The only interesting aspect of the trading session is that stocks rose 0.32% in the last 5 minutes. It closed at the high of the day. It was…

Strong Consumer - But Signs Of Weakness From Small Businesses

Redbook Same Store Sales Growth Solid Again When investors heard the news that there would be a tariff on consumer goods starting in September, we thought there would be a decline in spending growth. Especially immediately after it was implemented. Then there were reports that retailers weren’t fully passing on the increased costs to consumers.…

Small Banks Rally 3.53%

Small Caps Outperform Large Caps At first glance it seems like Monday’s trading session was boring because the S&P 500 fell 1 basis point and there weren’t any major economic reports, nor were there tweets from Trump on the trade war. However, there was some interesting movement below the surface. Nasdaq fell 0.19% and the…

Recession Risk - Is it High?

Manufacturing Labor Market Growth in hours worked gives us another layer of information on the labor market besides just growth in payrolls. It combines the length of the workweek with growth in payrolls. In the August BLS report, aggregate hours worked in the manufacturing sector improved 0.5% monthly. That was the largest increase since June…

Private Sector Job Creation Misses Estimates, But Stocks Inch Higher

S&P 500 Nears Record High Even though the BLS report missed expectations, the S&P 500 managed to eke out a small gain. It ended this solid week on a high note. S&P 500 was up 9 basis points on Friday and 1.78% on the 4 day week. It’s up 18.82% year to date and down…

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