Stocks continue to surge higher, as new all-time highs were set on Friday for the S&P 500, Nasdaq, and the Dow. Despite the S&P 500 reaching 3,000 and the Dow Jones blasting through 27,000… this has to be one of the most loathed bull markets I have ever seen. However, the Fed sees a slowdown … Read more
Stocks have sold off for three straight sessions. And with 21 days remaining until the next interest rate decision, all eyes this week are on the Fed’s Jerome Powell, as he’s been busy, giving a speech yesterday on “stress testing,” and is set to provide two testimonies in Washington, D.C. As of this morning, there … Read more
Stocks hit all-time record highs last week… but they’ve been slumping for the past two sessions, and stock futures appear weak again this morning. The catalyst? Uncertainty. More specifically, uncertainty regarding the Fed’s upcoming interest-rate decision. As of now, Fed funds futures are predicting that there is a 100% chance that the Fed will ease … Read more
The month of June saw stocks skyrocket… Heck, it was the best performing June the S&P 500 had seen since the 1950s! And you know what? If it wasn’t for the Fed, and traders believing that it’s going to cut rates, we probably wouldn’t be sitting near all-time highs right now. However, Friday’s nonfarm payroll … Read more
Is good news bad again? The Bureau of Labor Statistics released its NonFarm Payrolls report this morning, and it blew expectations out of the water. You see, “forecasters” were expecting the U.S. job market to add anywhere between 135,000 and 205,000 NEW jobs in the month of June. However, when the numbers were released it … Read more
It’s the first day of a new quarter and the stock market is on fire. With the Dow and S&P 500 hitting record highs… it’s a good time to be an options strategist. Is it time to get greedy? (The second-half of 2019 is off to a good start. But this is just the beginning, … Read more
It’s shaping up to be another slow day for traders, as it seems like the market is almost on pause now… …waiting to see what comes out of this weekend’s G20 Summit, where it’s expected that President Trump and President XI are set to meet and discuss trade. A couple of other things: It’s summer … Read more
Stocks snapped a four-day winning streak on Friday. However, it was another strong week for the stock market, as the S&P 500 sits near its all-time highs, the Dow (0.4% away) and Nasdaq (1.6%) are right there too. Stocks weren’t the only asset class moving this week. For example: Gold prices reached a six-year high, … Read more
Have you heard the whispers? We’ve been slowly releasing insider access to Jeff Bishop’s BRAND NEW options strategy. But in reality, it isn’t actually “new”… It’s just something that Jeff has been safe-guarding for the better part of 20 years. He’s kept it under lock and key, and to be honest, it took a little convincing to … Read more
Stocks are trading higher this morning off the heels of yesterday’s FOMC announcement. While they decided to leave rates unchanged… However, future rate cuts are on the way… and a lot is going on: The 10-year treasury note dropped below 2% for the first time since November of 2016 Gold prices hit a five-year high… … Read more