Earnings Take Center Stage with these Trade Ideas

Stocks flat today with very light volume as the Holiday tape continues. However, you shouldn't expect the rest of the week to be quiet. There are lots of earnings announcements coming out. MSFT, TSLA, SNAP, BA, CAT, and FB just to name a few. Watch tonight's video newsletter for trading opportunities around earnings announcements that…

50 Day Moving Average - 70% Of S&P 500 Stocks Are Above

50 Day Moving Average - Just Missed Record High The S&P 500 just missed setting a new record high in the week shortened by Good Friday. On Thursday it increased 16 basis points to 2,905.03 which is about 2 points below its high for the year and 25 points below its record closing high.  Nasdaq increased…

Jobless Claims Fall To A Cycle Low

Jobless Claims Plummet The labor market is likely healthy as jobless claims plummeted again as both the weekly claims and the 4 week average are at cycle lows. They are at their lowest levels since 1969 when the labor market was half the size it is now. Keep in mind, the number of people applying…

Volatility is Lurking in These Sectors

The S&P 500 ends the shortened week at the critical 2911 gravity point. In this extended weekend video newsletter update we look at the surprising places where volatility in lurking. Also, there's more earnings announcements next week which gives us lots of opportunity...

Money Losing IPOs - Percentage Hits A Record High

Money Losing IPOs - Stocks Fall On Wednesday The healthcare sector brought down the overall market on Wednesday. Heading into trading on Wednesday, the market had been up 12 out of the previous 14 days. It didn’t have enough momentum to cross the finish line that is the September all-time high. Therefore, S&P 500 fell…

Industrial Production Growth Falls To A 10 Month Low

Industrial Production Growth - MBA Purchase Applications Rise Again Industrial Production Growth - Despite the slight rise in interest rates, purchase applications increased again in the week of April 12th. Purchase index was 1% from last week when it increased 1%. Composite index fell 3.5% on top of a 5.6% decline because refinancing applications plummeted.…

The Russell Fires a Warning Shot as it Diverges Lower

The Russell 2000 is by far the weakest index of the day. The RUT is known for leading the overall market when investors are putting risk on or off. Right now they are signaling they are taking risk off. Should you do the same? Watch tonight's video newsletter to find out...

Healthcare Plummets Because Of Politics As S&P 500 Nears Record High

Healthcare Plummets - As Stocks Creep Higher Even though the stock market is extremely overbought, it managed to inch closer to its record closing high on Tuesday. S&P 500 was up 5 basis points to 2,907.06. It has increased 12 times in 14 days. I still expect it to break its record closing high of 2,930.75…

Fund Managers Buy Equities & Lower Their Cash Positions

Fund Managers Are Buying Stocks Again There is huge career risk in taking a position that is against the grain and being wrong for a few months if you are a fund manager. For example, going underweight tech stocks in the late 1990s would cause fund managers to underperform and be treated like pariahs by…

How to Trade IBM and Netflix Earnings

Netflix (NFLX) and IBM reported after the bell today and both stocks fell to their expected moves in after-hours trading.  What levels are tradable Wednesday and through the rest of the week?  Join Corey for tonight's video where he discusses these stocks along with the broader XLK Technology Sector that just made new all-time highs...

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