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...
Stocks Fall On Weak ISM Manufacturing PMI, Despite Strong Black Friday
Stocks Start December With A Bust? The stock market fell on Monday which isn’t a surprise because it was very overbought heading into the week. S&P 500’s 0.86% decline was its worst decline to start a December since 2008. That’s “nice to know”, but not a stat you can make trades based on. Stocks rallied…
Consumer Confidence Falls Right Before Holiday Shopping Season
House Price Growth Might Be Bottoming In the MBA report from the week of November 22nd, the seasonally adjusted purchase applications index was down 1% on a weekly basis after it increased 7%. On a yearly basis, it was up 55% because last year, this week included Thanksgiving and this time it didn’t. It’s not…
Did Markets Just Get Serious?
In today’s video, Don discusses how the marketplace has passed through 17 straight weeks that were inside of the expected move. Is this going to be a turning point? Don provides those details that you need to be aware of moving forward and expects that questions inside the marketplace will be resolved in the next…
The Market Grind is Coming to an End?
After an incredible 17 straight weeks of market efficiency is it time for volatility to return? Don shares why he thinks the market grind higher is close to an end. Here are the types of trades you'll want to enter to potentially capitalize on a market turn... To get daily TheoTrade insights get the BLACK…
73% Chance Stocks Drop In The Next Week
Extreme Euphoria Is Back With the rally in stocks on Wednesday, investors have once again become extremely bearish in the short term. Stocks are even more overbought than they were before that 3 day decline in late November. As of Tuesday, the 14 day RSI was at 74.4. With the rally on Wednesday, I’m guessing…
Atlanta Fed Sees 1.7% Q4 GDP Growth (New Home Sales Were Strong)
GDP Nowcast Revised Much Higher Q4 GDP growth has changed dramatically partially because of the recent advanced indicators reports. We have good news on trade, housing, and inventories which means GDP growth is on pace to be closer to 2% rather than below 1%. This was reflected in the Wednesday update of the Atlanta Fed…
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