2019 GDP Growth - China Expects Between 6% and 6.5%
2019 GDP Growth - Slight Tuesday Decline Before getting into 2019 GDP Growth, let's review the stock market. The stock market fell again on Tuesday. S&P 500 fell 0.11%, Nasdaq fell 2 basis points, and Russell 2000 fell 0.45%. Bears are always quick to jump on any move lower after a long winning streak. They tend…
Non-Manufacturing ISM Report was Amazing
Non-Manufacturing ISM Report - Another Weak Redbook Report Investors are starting to get concerned with the sharp decline in Redbook same store sales growth. It fell from 5.2% to 4.2% in the week of March 2nd. That’s the slowest pace in 10 months. Month to date sales were down 1.6%; that’s the 8th consecutive negative reading. The…
Planning for a Volatility Breakout
After yesterday's big sell swing - a volatile event - is this the beginning of a larger sell-swing and increase in volatility or just another trick of the bulls? In tonight's video, Corey details the current IV and volatility characteristics of markets and stocks trapped into critical pivot points ready to break free. What are…
Stocks Recover After Monday Morning Dip
Stocks Recover - After Modest Fall The stock market opened higher before plummeting in the late morning and recovering in the afternoon. From the peak early in the morning to the trough later in the day, the S&P 500 fell 1.72%. It felt like the market would finally roll over. Traders on Twitter were gearing…
Global Manufacturing Falls To A 32 Month Low
Global Manufacturing Falls - Weak Markit Manufacturing PMI The Markit manufacturing PMI was 53 in February which fell from 54.9 in January. This is the slowest rate of manufacturing growth since August 2017. Inflation eased, but the rate of output and new order growth slowed. This report supports most other manufacturing metrics which show manufacturing growth…
Is Risk Making a Comeback?
Stocks reverse to the downside this morning with intense selling and then rally back in the afternoon. Is the wild swings in today's market indicative of risk coming back into the market? Watch tonight's crucial video newsletter to find out and learn the two sectors we see big opportunity in...
Bear Market Repealed - S&P 500 Surpasses 2,800 For The First Time Since November
Bear Market Repealed Almost Fully Bear Market Repealed on Another solid rally on Friday that brought the S&P 500 very close to its record high in September. And it fully repeals the quick bear market. Investors feared the worst in December. But now it’s clear America is only in a slowdown and is outperforming most…
Q4 GDP Growth Estimate Beat - Stocks Ignore It
Q4 GDP Growth Beats Estimates The stock market fell on Thursday. Yet quarter over quarter annualized GDP growth beat estimates for 2.2%. It was 2.6%. 2018 was the first year since 2004 where GDP growth was above 2% in all four quarters (2.2%, 4.2%, 3.4%, and 2.6%). Stocks ignored the solid report because information on…
Volatility Leaves Us In A Precarious Yet Wildly Opportunistic Position
Stocks end the week flat as markets try to decipher the mixed economic data and "earnings recession" from companies. Unusual options activity in the Volatility Index presents a opportunity for us. Watch this crucial weekend video newsletter to find out how to take advantage of the current market environment...
Redbook Sales Solid, MBA Applications, & Pending Home Sales
Redbook Sales - Same Store Sales Growth Moderates Redbook sales year over year same store sales growth rate of 5.4% last week supported the strong consumer sentiment reading. Growth fell to 5.2% this week which is still above the 4.6% growth of 2 weeks ago. The deceleration from 9.3% in December has stalled for now.…
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