And just like that, the S&P 500 is back to hitting new all-time highs. This is happening thanks in large part to an accommodative Federal Reserve, who for the third time this year cut interest rates by 25 basis points on October 30. The benchmark federal funds rate now sits at 1.5% to 1.75%. #-ad_banner-#Also helping is the fact that the trade war with China has simmered. In fact, it looks like we may get a Phase 1 agreement soon. (Although I wouldn’t hold my breath. This is far from over.) And finally, third-quarter earnings have been better than expected… Read More

And just like that, the S&P 500 is back to hitting new all-time highs. This is happening thanks in large part to an accommodative Federal Reserve, who for the third time this year cut interest rates by 25 basis points on October 30. The benchmark federal funds rate now sits at 1.5% to 1.75%. #-ad_banner-#Also helping is the fact that the trade war with China has simmered. In fact, it looks like we may get a Phase 1 agreement soon. (Although I wouldn’t hold my breath. This is far from over.) And finally, third-quarter earnings have been better than expected — granted the bar was set pretty low. Going into earnings season, analysts believed that earnings for companies in the S&P 500 were set to decline 4% compared to the same period a year ago. It would have marked the first time the index reported three straight quarters of year-over-year earnings decline since Q4 2015 through Q2 2016. With more than 71% of the companies in the S&P 500 reporting actual results, 76% have reported a positive earnings surprise. As it sits now, the earnings decline is -2.7%. That’s not only better than the -4% that was expected, but it’s… Read More

We all have to-do lists that grow longer every day. Many of us look at what needs to be done right now, and we deal with things as they become urgent. You could say we have a short-term focus. For example, as I look out the window, I see tumbleweed piled up against the fence. The wind blows it into the fence, and, in a perfect world, I’d get out there and throw it to the other side so the wind could blow it to Nebraska or wherever tumbleweed goes. If I don’t do that, it weakens the fence, and… Read More

We all have to-do lists that grow longer every day. Many of us look at what needs to be done right now, and we deal with things as they become urgent. You could say we have a short-term focus. For example, as I look out the window, I see tumbleweed piled up against the fence. The wind blows it into the fence, and, in a perfect world, I’d get out there and throw it to the other side so the wind could blow it to Nebraska or wherever tumbleweed goes. If I don’t do that, it weakens the fence, and eventually the fence will need to be repaired. But the dishwasher also needs to be emptied, and a load of laundry needs to be folded, and three more loads need to be done, and… Well, let’s just say the fence isn’t urgent, and I am doing urgent chores around the house today. That fence will hold out for years. Investors — even those who claim to be long-term investors — can often adopt a short-term focus. Even while saying they believe that stocks always deliver gains in the long run, they focus on today’s price changes and they look at… Read More

Last week, I wrote about the Federal Reserve and how their plans to buy bonds was a form of quantitative easing that should boost the economy. Since then, some new economic data has shown that this may be just what we need. Retail sales slipped in the latest data release. Sales declined 0.3%, the first drop since February. CNBC reported that this is “raising fears that a slowdown in the American manufacturing sector could be starting to bleed into the consumer side of the economy.” I believe the most important part of the news was how wrong… Read More

Last week, I wrote about the Federal Reserve and how their plans to buy bonds was a form of quantitative easing that should boost the economy. Since then, some new economic data has shown that this may be just what we need. Retail sales slipped in the latest data release. Sales declined 0.3%, the first drop since February. CNBC reported that this is “raising fears that a slowdown in the American manufacturing sector could be starting to bleed into the consumer side of the economy.” I believe the most important part of the news was how wrong analysts were. They had been expecting an increase of 0.3%. Analysts seem to be out of sync with consumers, and that tends to happen at important turning points in the economy. For now, this is news to watch. One bad month for retailers isn’t something the Fed (or investors) should act on. But the Fed should be worried that this weakness comes at the same time as manufacturing is showing cause for concern. —Recommended Link— These 12 words have paid $1,200 a week, for the past 84 weeks Hundreds of baby boomers are quitting their… Read More

There was a lot of news last week. We saw headlines about impeachment… the trade war… Brexit… Syria… and Saudi Arabia. All important stories. But there was another story that broke late on Friday and wasn’t widely covered… and that story may turn out to be the most important of the bunch. —Recommended Link— You only have a few hours left to act on this…​ At 11:59 p.m. tonight, we’ll reach our final deadline, and master trader Jim Fink’s presentation will be taken down. This is your… Read More

There was a lot of news last week. We saw headlines about impeachment… the trade war… Brexit… Syria… and Saudi Arabia. All important stories. But there was another story that broke late on Friday and wasn’t widely covered… and that story may turn out to be the most important of the bunch. —Recommended Link— You only have a few hours left to act on this…​ At 11:59 p.m. tonight, we’ll reach our final deadline, and master trader Jim Fink’s presentation will be taken down. This is your last chance to discover how you can make extra “paychecks” of thousands of dollars every single Thursday and the 3 simple steps behind this technique. Please don’t miss this… According to the announcement, the Fed plans to buy Treasury bills at an “initial” pace of about $60 billion from mid-October to mid-November. They will then adjust both the timing and amounts of bill purchases “as necessary to maintain an ample supply of reserve balances over time.” The buying will continue at least into the second quarter of 2020. New purchase amounts will be announced on the… Read More

I’m not sure what it is about October, but it has historically been a spooky month for investors. The haunting traces back to the Wall Street Crash of 1929, a four-day collapse of stock prices that began on October 24. The Dow Jones Industrial Average dropped 25%, making it the worst such decline in U.S. history. Another notable plunge took place in late October 1987, known as Black Monday. The Dow dropped just over 22% — making it the largest one-day stock market decline in history.  Then there was the tumultuous 2008 market crash. The first big drop in the… Read More

I’m not sure what it is about October, but it has historically been a spooky month for investors. The haunting traces back to the Wall Street Crash of 1929, a four-day collapse of stock prices that began on October 24. The Dow Jones Industrial Average dropped 25%, making it the worst such decline in U.S. history. Another notable plunge took place in late October 1987, known as Black Monday. The Dow dropped just over 22% — making it the largest one-day stock market decline in history.  Then there was the tumultuous 2008 market crash. The first big drop in the Dow took place on September 29, 2008, when it shed more than 777 points. It fell by another 733 points on October 15. And just last year you may recall that the market peaked at the end of September. A fourth-quarter slide began in October, which ultimately  set stocks back about 14% through December. With events like these, it’s easy to see why the month of October carries a negative connotation. In truth, though, outside of these major declines, the month has historically been a good one for markets. In fact, according to the Stock Trader’s Almanac, October is the… Read More

Unemployment fell to its lowest level since 1969. That news sparked a stock market rally on Friday and recovered most of the week’s losses. The dashed red line in the chart below shows the small loss for the week. The solid blue line is the 50-day moving average (MA). That’s an important technical level over the next few weeks. —Recommended Link— Professional Investor Reveals Shocking New Pot Opportunity If you’ve ever thought about investing in a penny pot stock. don’t! I’ve discovered a unique marijuana profit-sharing plan backed by a U.S. Federal Law. And it’s paying… Read More

Unemployment fell to its lowest level since 1969. That news sparked a stock market rally on Friday and recovered most of the week’s losses. The dashed red line in the chart below shows the small loss for the week. The solid blue line is the 50-day moving average (MA). That’s an important technical level over the next few weeks. —Recommended Link— Professional Investor Reveals Shocking New Pot Opportunity If you’ve ever thought about investing in a penny pot stock. don’t! I’ve discovered a unique marijuana profit-sharing plan backed by a U.S. Federal Law. And it’s paying a small group of regular people up to $55,563 a year. The next check run is just days away. I’ll show you how to sign up here. Before looking at the technicals in detail, I want to review the unemployment report. It was bullish on Friday but, in the long run, I don’t believe it holds much information for traders. Here’s why… Unemployment is a lagging indicator. To understand this, think about a local restaurant. Restaurants hire when business has been good. If sales increase for one week, management pushes the existing… Read More

We’ve been on a roll over at Maximum Profit lately.  Our system has identified a string of winners that my subscribers and I have been able to buy at just the right time as momentum carries the stock higher — while getting out before the tide washes out.  A significant chunk of our winners has come from the tech space to be more specific, with gains of 39% on CyberArk Software (Nasdaq: CYBR), 66% on Roku (Nasdaq: ROKU), and 89% on Shopify (Nasdaq: SHOP). This makes sense, of course. Tech has been one of the hottest sectors during this entire… Read More

We’ve been on a roll over at Maximum Profit lately.  Our system has identified a string of winners that my subscribers and I have been able to buy at just the right time as momentum carries the stock higher — while getting out before the tide washes out.  A significant chunk of our winners has come from the tech space to be more specific, with gains of 39% on CyberArk Software (Nasdaq: CYBR), 66% on Roku (Nasdaq: ROKU), and 89% on Shopify (Nasdaq: SHOP). This makes sense, of course. Tech has been one of the hottest sectors during this entire bull market. And if all goes according to plan, we’ll add another to the list in short order… Our Next Big Winner… Before companies can launch a new product, or even keep producing existing products, they need to continually test their design and optimization. After all, a failed product could cripple a company. But with technology rapidly changing, it would cost firms billions to continually update their testing and design equipment and software.  That’s why most firms work with a company like Keysight Technologies (NYSE: KEYS). #-ad_banner-#Keysight has been in the electronic measurement business since 1939. It offers electronic… Read More

For investors, an important question seems to be whether impeachment will affect the stock market. But I believe that’s the wrong question. To reframe the question, I looked back to see what history could tell us. —Recommended Link— Trump Blows Up Twitter… Sends This 5G Stock On The Ride Of Its Life President Trump sent this warning to U.S. telcoms: “Step up your 5G efforts, or get left behind.” Right now, Verizon, T-Mobile, AT&T, and others are racing to rollout their 5G networks. And one $5 stock is at the center of it all. Today,… Read More

For investors, an important question seems to be whether impeachment will affect the stock market. But I believe that’s the wrong question. To reframe the question, I looked back to see what history could tell us. —Recommended Link— Trump Blows Up Twitter… Sends This 5G Stock On The Ride Of Its Life President Trump sent this warning to U.S. telcoms: “Step up your 5G efforts, or get left behind.” Right now, Verizon, T-Mobile, AT&T, and others are racing to rollout their 5G networks. And one $5 stock is at the center of it all. Today, you have an opportunity to turn a small $5,000 stake into $117,385. but only if you act before Wall Street releases its hounds. Click here for details. There have been three previous impeachments of presidents, the most recent in 1998. The House of Representatives voted to begin impeachment proceedings against President Bill Clinton on October 8, 1998. That date is highlighted in the chart below. A strong uptrend began that day. This demonstrates that impeachment is not inherently bearish. Stocks sold off in the summer of 1998 after Russia defaulted on bonds… Read More

Last week, I wrote about the incredible opportunity for investors in the world of cannabis stocks. And while it seems like everyone wants a piece of the action, most investors are unsure of how to go about it. That’s where my colleague Amber Hestla comes in… Many of you are already familiar with Amber’s work. For example, back in January, I called her our “No. 1 risk expert.” I’ve also shared a few of her “bonus” trades with readers over the years. So when I heard that she had come up with a new “turbo” system for trading pot stocks… Read More

Last week, I wrote about the incredible opportunity for investors in the world of cannabis stocks. And while it seems like everyone wants a piece of the action, most investors are unsure of how to go about it. That’s where my colleague Amber Hestla comes in… Many of you are already familiar with Amber’s work. For example, back in January, I called her our “No. 1 risk expert.” I’ve also shared a few of her “bonus” trades with readers over the years. So when I heard that she had come up with a new “turbo” system for trading pot stocks — that was designed to quickly get in and out of trades while making monster-sized gains — I just had to know more. I know we’ve talked about your background before in previous issues. But we’ve picked up some new readers since then… Tell us a little about your former life in the military for starters, and the kind of influence it has had on your job today. Amber: Well, I was in the Army for nine years — two of which I spent in Iraq as a Military Intelligence Analyst during Operation Iraqi Freedom. In military jargon,… Read More

Last week, like many analysts, I was closely watching events in Saudi Arabia. An important oil facility had been attacked, and initial reports indicated that 5% of the world’s supply of oil was knocked offline in the attack. Oil was set to spike when markets opened, and it did. By the end of the week, prices were back into the trading range that contained prices for most of July and August. —Recommended Link— The Real Reason Most Americans Can’t Retire by 65 If you’re following traditional retirement advice that made sense 50 years ago… You… Read More

Last week, like many analysts, I was closely watching events in Saudi Arabia. An important oil facility had been attacked, and initial reports indicated that 5% of the world’s supply of oil was knocked offline in the attack. Oil was set to spike when markets opened, and it did. By the end of the week, prices were back into the trading range that contained prices for most of July and August. —Recommended Link— The Real Reason Most Americans Can’t Retire by 65 If you’re following traditional retirement advice that made sense 50 years ago… You may be missing out on the most effective retirement strategy today. Here’s all you need to know to retire as early as this year. For now, oil is on the back burner for traders. In part, that’s because the Federal Reserve pushed its way into the headlines. We knew the Fed would make the news as it held a regularly scheduled meeting. As expected, the Fed cut the target range for the federal funds rate by 0.25%, for a new range of 1.75% to 2%. What was unexpected was the dissent associated with the decision. Three of… Read More