Archives by Month:

Archives by Year:

Stocks Must Hold Here Or It’s Game Over

Stocks Must Hold Here Or It’s Game Over

Last week’s breakdown caused considerable technical damage to the bull market in stocks. We are now at the proverbial “line in the sand” at which stocks MUST bounce or the bull market is OVER. The S&P 500 has both its 50-Day Moving Average (DMA) and critical support from the January 2018 top just below current […]
Technically Speaking: Markets Cling To Support

Technically Speaking: Markets Cling To Support

In this past weekend’s newsletter, I discussed the fact the markets had finally awoken to the reality that rates have once again broken above 3%. “Speaking of rates, each time rates have climbed towards 3%, the market has stumbled.” However, I also noted that on a very short-term basis, the market was oversold enough to generate […]
3 Best JP Morgan Mutual Funds To Buy

3 Best JP Morgan Mutual Funds To Buy

JPMorgan is one of the best financial management companies in the world. It has a legacy of investment management since 1865. The company pioneered innovative, inflation-protected municipal products. J.P. Morgan managed $1.68 trillion of assets as of Mar 31, 2018. The fund family has offices in more than 30 countries. Also, JPMorgan is one of […]
Tumblin’ Tuesday – Dollar Up, TBills Down, Markets Look For A Bottom

Tumblin’ Tuesday – Dollar Up, TBills Down, Markets Look For A Bottom

Wheeeee! Sell-offs are so much fun when you are ready for them. We added Delta (DAL) yesterday as a Top Trade Alert since we like the sale price ($52) and were able to construct a nice income-producting trade while we wait for earnings on Thursday. We can afford to do that because we always hedge […]
Storm Clouds On The Horizon

Storm Clouds On The Horizon

There are storm clouds on the horizon. Not only are we seeing oil production get shut down from Hurricane Michael, you have a warning from the International Monetary Fund (IMF) about trade wars potentially slowing growth and a warning from the International Energy Agency (IEA) that high oil prices could be doing damage to the global […]
Stairsteps

Stairsteps

The tone of the market certainly seems to have changed recently. The VIX managed to traverse from about 11 to nearly 17 within a matter of days, and some sectors, particularly in technology, are finally beginning to take on some meaningful damage. One glance at the intraday NQ tells the tale.   This entire year, […]
‘There Are Clouds On The Horizon’: Why The IMF Just Slashed Their Global Growth Outlook

‘There Are Clouds On The Horizon’: Why The IMF Just Slashed Their Global Growth Outlook

“Last April, at the time of our last World Economic Outlook, the world economy’s broad‑based momentum led us to project a 3.9 percent growth rate for both this year and next [but] considering developments since then, that number now appears overoptimistic”, Maury Obstfeld, the IMF’s Economic Counsellor and Director of Research said at a press conference […]
E
                                                
                        Markets: Steeper

E Markets: Steeper

Some people hike mountains, while others hike rates. Just when the climb seems most impossible, there will be a plateau with the glory of a view from the top. The IMF cuts it global growth outlook from 3.9% to 3.7% suggesting a growth plateau, and yet, rates are higher globally with curves steeper and US 10-year touching […]
September 2018 Small Business Optimism: Third Highest Reading In The Survey’s 45 Year History

September 2018 Small Business Optimism: Third Highest Reading In The Survey’s 45 Year History

from the National Federation of Independent Business The NFIB Small Business Optimism Index continued its historic 23-month positive trend, with a reading of 107.9 in September, the third highest reading in the survey’s 45-year history. In the small business half of the economy, 2018 has produced 45-year record high measures of job openings, hiring plans, actual job […]
Deutsche Upgrades Walmart To Buy With Investments Now ‘Reaping Returns’

Deutsche Upgrades Walmart To Buy With Investments Now ‘Reaping Returns’

Deutsche Bank analyst Paul Trussell upgraded Walmart (WMT) to Buy from Hold and raised his price target for the shares to $113 from $89. The stock closed yesterday up $1.38 to $94.69. The retailer is reaping returns on the many years of investment in e-commerce and customer service, Trussell tells investors in a research note […]