Buy the Rumor, Sell the Trade Deal?
This will be an important week in the markets. The next round of possible tariff increases will be December 15th. The FOMC and ECB have meetings. Political risks are looming. Don will help you navigate this crucial week and show how to mitigate the risks and capitalize on the opportunities...
Details On Trade Negotiations Are Released
2 Day Winning Streak Just like last month, the stock market is following a losing streak with a winning streak as it is up for 2 straight days. The calendar effect might be helping stocks as December is usually a great month. Interestingly, following years with gains of 20% or more, the average annual return…
ADP Private Sector Job Creation Misses All Estimates
Recession Odds Decline According to the Aruoba-Diebold-Scotti business conditions index, odds of a recession have declined recently. However, the most recent data in this report is always the least reliable. It gets updated after the fact when new data comes out. For example, the November industrial production report hasn’t come out yet. When it does,…
Trying Our Hand with Stocks at New Highs
If the bears can only put together a two-day pullback, then bulls must firmly be in control of the end-of-year tape for now. We'll continue watching the indexes closely but in tonight's video, Corey walks you through the SP500 strong stocks that made new 52-week highs today and how you might use them to hedge…
Is The Trade Deal Back On?
Stocks Recover Some Of Their Recent Losses: Trade Deal Back On? In a repeat of Monday’s manufacturing PMI data, the Markit services PMI improved and the ISM non-manufacturing PMI fell. Motor vehicle sales report rose after a weak October reading. ADP report was weak which only matters if it correctly signals weakness in the BLS…
Solid Cyber Monday & Markit Manufacturing Data
Strong Cyber Monday Redbook same store sales growth was 7.9% in the week of November 30th which was up from 4.3% and the highest reading since early January. You’d think that growth spike was because of Black Friday being a week later, but last week had 4.3% growth, meaning there wasn’t a decline in growth because…
Is The Market Out of Danger?
Stocks punch higher today on light volume. After a few days of selling are stocks out of the woods? Find out why the next 2 days are critical to this market and may tell us where the opportunities are for the remainder of the year…
Stocks Fall As Reports Show No Trade Deal In 2019
3 Day Losing Streak For Stocks Finally, the correction many had been predicting is starting; stocks declined. Namely, stocks fell on Tuesday because of worries about trade. It doesn’t look like there will be a trade deal by the December 15th soft deadline. S&P 500 fell 0.66% which brings the 3 day losses to 1.92%. I…
Weak Manufacturing ISM PMI Sends Down Q4 GDP Growth Nowcast
Quick Q3 GDP Review: No Negative Growth A big story in the past few weeks has been that 2H 2019 GDP growth isn’t as bad as was feared in October. Real final sales growth should still be mediocre, but headline GDP growth isn’t close to going negative. You don’t need to see negative GDP growth…
The 4th Volatility Spike of 2019
Though it may have taken longer than expected, we're finally seeing the fourth VIX Volatility Spike of 2019. Find out what this pattern is, what we're expecting, and how we're trading the current opportunity as we begin the new month of December...
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