Curve Flattens After Rate Hike: Signaling 2020 Recession
Market Reaction To Fed Hikes This was probably the biggest week of the year for the market in terms of news events as we had the Trump-Kim summit, the Fed meeting, and the ECB meeting which will be on Thursday. With 2 of the 3 major events having occurred, plus the CPI report on Tuesday, the stock…
A Hawkish Hike Pushes The Stock Market Lower
Fed Raises Rates Like Expected The Fed raised rates 20 basis points like the market expected. However, the unexpected part was the change to guidance. This is a situation where a small change made a big difference. The Fed went from 6 officials thinking there should be 3 hikes this year and 6 Fed members…
Are Central Bankers Pulling The Punch-Bowl?
The Fed raises the outlook for the economy as the raise the Fed Funds Rate by 25 basis points and announces 2 more rate hikes this year. In this video newsletter update we look at the winners and losers from rising interest rates. Find out what trade we closed today for 30% gain and which…
North Korean Drama Over- CPI Meets Estimates
North Korean Summit Ends The stock market didn’t have much of a reaction to the North Korean summit on Tuesday in Singapore, but that could be considered a good thing as the missile launches that occurred last year won’t return and hurt stocks in the intermediate term. I was wrong to imply everything would be…
Charts Showing Excellent Range Setup into Next Week
All eyes on the FOMC announcement tomorrow. It's a foregone conclusion that a 25 basis point hike is in store for the market tomorrow. However, will the market get tripped up on Fed guidance? Watch this video newsletter so you're prepared with the right trading strategy...
Stocks Rally As They Await The Fed Decision
Stocks Rally Slightly & Curve Flattens With the North Korean news in the rear-view mirror and the Fed meeting ahead, the stock market rallied slightly on Tuesday. The Russell 2000 was up 0.46% and the Nasdaq was up 0.57%. The S&P 500 was up 0.17% which brought it to 2,786.85. That is less than 1 point…
Stocks Wait For The Big News Events To Occur This Week
Slightly Positive Monday Monday’s trading action was what you’d expect from a market anxiously waiting for big new events to unfold later in the week. The S&P 500 was up 0.11% which 4.57 points off the March high. The S&P 500 almost crossed above that point, but there was a minor selloff at the end of…
Investors Are Becoming Optimistic (Not Good)
Optimism Is Here I’m strongly in the camp which expects the S&P 500 to break its all-time high opposed to forming a double top. I’m not big on technical analysis, but that would be a scary chart pattern if it occurred. However, even though I’m still bullish on the stock market in the near term,…
What to Do While Waiting for the FOMC?
As the world awaits the most important week of the year there are a few trading opportunities you can take advantage of. In this video newsletter update find out the types of trades you may want to take while you wait for the week to unfold...
S&P 400 Hits A Record High
Another Rally- Stocks Are On Fire On Friday stocks had an across the board rally as all major indexes went up. The S&P 400, which is a mid cap index, hit an all-time high as it was up 0.5%. The S&P 500 outperformed the Nasdaq and Russell 2000 as it was up 0.31%. The S&P…
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