COVID-19 Destroyed Low Wage Jobs

Jobless Claims Fall It was a mistake to assume that in the 2 weeks California is pausing its initial claims transactions that their numbers would completely drop out of the total. That wasn’t what happened. They just kept California’s numbers the same, and included whatever initial claims CA had in the prior report in this…

Analyst Revisions to Identify Explosive Opportunities

Analyst Revisions can be used to identify incredible opportunities. Analyst Revisions - How many times have you seen the price gap overnight and rise sharply during the session? Price gaps are a frequent occurrence as price catches up with the sentiment. However, what caused such a sudden change in the opinion of the company? Frequently,…

Getting to Know SPACs

SPACs - What is It? SPACs - or Special Purpose Acquisition Company’s has been a major investment theme of 2020. Companies like Nikola Corporation (NASDAQ: NKLA) and Playboy Enterprises are names that have headlined some of the recent SPAC talk. Despite their current popularity, many investors are still discovering them. Here’s your primer on Special…

Still Looking to Tech Leaders for Clues

Tech stocks and the NASDAQ got another bullish boost today as Netflix (NFLX) surged 5% higher in today's session alone.  In tonight's video, Corey takes a moment to walk through each of the tech stock leaders including Amazon (AMZN), Apple (AAPL), and Google (GOOGL) for updated support and trade levels as we begin October...

Market Lives and Dies On Stimulus Talks

Market Hinges On Stimulus Hopes & Fears You never truly know why the market moves in certain directions each day, but Wednesday probably had the most certainty as to what the market was trading off of. The stock market crashed briefly in the afternoon as there were some negative reports on the possibility of a…

Better Than Expected ADP Jobs Report

Stimulus Controls The Market Speculation over the stimulus is controlling the market. For a brief moment, the futures market reacted to the presidential debate on Tuesday night, but then the algorithms switched over to following the stimulus negotiations. It’s fairly uncertain if anything will get done.  But some lean towards thinking something will happen because…

Wild Trade Engulfs the Markets

Markets go on a wild ride today. After reversing and giving up a big gain on the day where do we go from here and what trades should you be looking for? Watch this video newsletter now...

Stocks Always Bottom On The Same Day?

Moderate Selloff On Tuesday Stocks fell modestly on Tuesday. At times in the trading session it seemed like the stay at home trade was beating the reopening trade. However, by the close everything was down. It was an across the board modest decline. S&P 500 fell 48 basis points, the Nasdaq fell 29 basis points,…

Stimulus Negotiations Set To Ramp Up

Fiscal Stimulus On The Docket On the day before the ADP report, we got another update on the consumer. By the way, the current estimate for September job growth in the Friday BLS report is 900,000. Investors moderately concerned this estimate is too high, but there will be over 600,000 jobs added.  Moving on to…

The Bulls and Bears Debate - Stocks and Markets in Play Now

Though tonight is debate night, we're taking stock of the market now and what key levels continue to influence our trades.  In tonight's video, Corey highlights expectations and setups in Crude Oil, Gold, along with index futures and the top bullish trending stocks  making new highs squaring off against the top downtrending stocks making new…