If you don’t think politics and policy influence the market, then you’re sadly mistaken. A weak jobs number on Friday has virtually guaranteed that the Fed will be cutting rates this year, not once, not twice, but possibly three times. That said, the market reacted by posting its best weekly gains of 2019… the Dow … Read more
The stock market closed scorching hot on Friday…and finished with its best weekly gains of 2019. The S&P 500 surged by 4.4% and the Dow gained over 1300 points on the week. Thanks to a dovish Fed and some weak economic numbers. Now, I like to brag about how momentum stocks often trade on their … Read more
Stocks finished off Friday’s session in impressive fashion… and closing out the week with some of it’s best gains its had all year. A weak job numbers today pretty much sealed the deal that the Fed will be stepping in this year and cut rates… some Wall Street Analysts believe it will happen two or … Read more
Stocks are up this afternoon, as they look to close out strong, and post some of the best weekly gains we’ve seen all year. The catalyst: bad news. The jobs numbers were awful this morning… which helps the case for the Federal Reserve Bank cutting interest rates this year. As of now, the market is predicting … Read more
Who could have expected it? On Monday stocks were on the verge of collapse when it appeared that we would have a full out trade war… … and the government was rumored to be probing some of tech’s most prominent companies for possible antitrust violations…a move that nearly sunk the Nasdaq. However, hope was in … Read more
The stock market is looking to close green for a third straight session. However, it still remains a traders market. Stocks are still jumpy… and still reacting to trade news. That said, whenever market conditions change, you need to look at your inventory and see what’s still working and what has stopped. You see, not … Read more
The market continues to be driven by news headlines, rumors, and tweets. And we’re seeing plenty of volatility, twists, and turns, because of it. If you’re new to trading, it can be overwhelming. I know, because I once frustrated and overwhelmed. You see, after my financial advisor lost half of my portfolio in 2009… I … Read more
Is it time to buy the dip or sell the rip? It’s been a very confusing week of trading… as the bulls and bears continue to duke it out. Who will win? Me. You see, I don’t get caught up in silly storylines… the side I’m on is the one that’s making money… And as … Read more
What a wild week of trading it’s been and it’s only Wednesday… Stocks were on the brink of collapse on Monday…. But yesterday… the plunge protection team jumped in and said that they are ready to facilitate this market and cut interest rates if need be… Now, I’m not a big macro guy. I stick … Read more
Markets were red on Monday and green on Tuesday. As for me… I decided to wear green both days… (It might not look like a lot in profits… but it equates to almost $400K a year if you can keep the pace. If you want to learn more about my trading system, then click here.) No, … Read more