Core Inflation Is Just 1.8%
Inflation Stays Moderate On Wednesday, the Fed’s Beige Book said inflation was moderate in most districts. That was a reflection of past data. I mention this because the latest Personal Income and Outlays report shows the previous trends have continued. As you can see from the chart below, the year over year PCE was 2%…
Stocks Fall On Fears Of A Trade War
Italian Situation Resolved Global market action has been unreal this week. As you can see from the chart below, the Italian 2 year bond had a panic moment where it went from a negative yield to almost 3%. Now it has fallen back to below 1% in just 2 days as traders act as if…
Levels That Are Important Right Now
Stocks selloff as the trade war resumes. In this video newsletter update we focus on key levels in all of the major markets to watch. You may want to know these levels whether you're day trading or swing trading because these levels will act like a magnet for the markets...
Stocks Rally, Forgetting About The Italian Political Crisis
Fed No Longer Too Dovish There was so much happening on Tuesday, I didn’t get to the effect the Italian political drama had on the Fed funds futures. The Fed funds futures were leaning towards 4 rate hikes in 2018 up until the Fed Minutes which dampened the market a bit. Still, the Fed pushing…
Trump-Kim Meeting Will Occur On June 12th
June 12th Meeting With South Korea Back On On Tuesday, the White House announced the Trump-Kim summit on June 12th in Singapore is back on, reversing the claim made last week that it was cancelled. The actual language was that the meeting is “expected.” It seems like it will happen, but the term ‘expected’ implies…
Are We Back to Volatile Markets?
Stocks explode back higher as the market keeps bouncing between 2 key levels we have been talking about in these video updates for months. In this crucial video newsletter update we focus on the opportunities in the options market that comes from a volatile market. The opportunity is not what you think. You may want…
Italian Political Risk Causes U.S. Treasury Buying
Huge Day For The Political Headlines Tuesday wasn’t a great day for investors who are only focused on the fundamentals of the American economy and earnings as political risk was the star of the show as 3 major news events occurred today which affected the markets. First, the Italian President rejected the economic minister proposed…
18.17% Earnings Growth Expected In Q2 2018
Great Q1 Earnings: Potential Headwinds Q1 2018 earnings growth was 24.68%. As I have documented for the past few weeks, this quarter has been unlike the historical average as growth estimates improved dramatically and the heightened expectations were beat. EPS estimates were raised heading into this quarter for the first time in 7 years. Therefore,…
Italian Uncertainty: When In Doubt, Palms Out
Stocks rocked by uncertainty out of the EU. In this crucial video newsletter update we focus on the key level for the market that will set the tone for months ahead. You may want to watch this video newsletter update right now to so you're not blind sided in next weeks ahead...
Oil Down 4%, Dollar Hits 6 Month High
Oil Crashes On Friday The stock market sold off modestly on Friday as the S&P 500 was down 0.24% and the Nasdaq was up 0.13%. The oil market was hit hard as WTI oil fell 4% to $67.88. This was based on reports that OPEC and non-OPEC nations could increase supply. That was WTI’s worst…
Recent Comments