A Decade of Greed is Over But Fear Generates These Opportunities
Stocks sink to a 17 month low as a mix of fears cause panic selling to the tune of 3 standard deviations this week. In this crucial weekend video newsletter update we focus on the plethora of opportunities in this market. Watch this video newsletter update right now so you can capitalize. Don't be blind…
Tech Stocks at Support - What's Next?
With the sell-off in the stock market, leading tech stocks all achieved key support targets and most of them did so today. What are these levels, how far out can we sell premium if these levels hold, and what is the specific plan for additional selling pressure that triggers beneath these targets? Corey covers it…
Stocks Didn’t Like Powell’s Statement
Stocks Crater After Fed Meeting Even though stocks entered Wednesday near the low for the year, they fell even more after the Fed’s decision and press conference. Specifically, the S&P 500 fell 1.54%, the Nasdaq fell 2.17%, and the Russell 2000 fell 2.03%. S&P 500’s 14 day RSI fell to 31.93 which means it is…
Hawkish Hike - Fed Surprises The Market
Hawkish Hike - The Fed Raises Rates And Lowers Guidance Slightly Fed raised the Fed funds rate 25 basis points and the IOER by 20 basis points. Fed funds rate’s range increased from 2%-2.25% to 2.25%-2.5%. Guidance for rate hikes in 2019 fell from 3 to 2. I projected the Fed would hike rates and…
More Market Carnage, Now What?
Wild movements seen in the market after the FOMC announcement. As expected the Fed raised rates by another quarter of a point. Many were surprised by the continued hawkish comments by Fed Chairman Jerome Powell. That sent stock shooting lower to new 52 weeks lows in the S&P. With more market selling to come watch…
WTI Oil Falls 7.3% - Down 40% Since October
WTI Oil - Slight Tuesday Rally: Stocks Still Oversold Before we get into WTI Oil, let's review the stock market. S&P 500 was up one basis point on Tuesday which means it is still right at the low for the year. Nasdaq increased 0.45% and the Russell 2000 fell 7 basis points. Because of the…
Stocks Primed for a Rally
Stocks Primed For A Rally The stock market is uncertain about the possibility of a trade war and a hawkish Fed. However, I think a trade deal will be struck and the Fed will pull back on its hawkish 2019 guidance. Specifically, I expect the Fed to hike rates on Wednesday and guide for either…
Planning for the Fed Decision
"Will they or won't they raise rates Wednesday?" That's the main question in tonight's video with a specific focus on both scenarios and how that will affect both the stock and bond markets. What levels are in play with either decision? While we expect a rate hike tomorrow, we're certainly prepared for the alternate surprise…
Bear Market - Are We In One Already?
Bear Market - Another Terrible Day Of Selling In the short term, I was very wrong to be bullish as of Friday’s close. Stocks fell sharply on Monday, which makes them even more oversold. It’s almost as if the market is doing whatever it takes to get the Fed to not hike rates on Wednesday.…
Strong Control Group Retail Sales Growth
Strong Control Group - Real Wages Monthly decline in weekly hours worked hurt real weekly wage growth. But overall the November growth was still positive which means there was improvement. This has been a relatively strong cycle for real wage growth. You can’t expect growth to average 1%-2%. Anything positive is good news. Gigh wage…
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