Explosive FED Data

Explosive FED Data

I’m shocked. Housing starts data was released this morning, and the results blew every possible expectation out of the water -- consensus was 1.373 M new starts and the number came in at 1.608 M. This tells us that the U.S. is still in expansion mode. It...
Hot Sector To Watch

Hot Sector To Watch

Phase 1 of the U.S./China trade deal was finally signed yesterday in Washington.This should ease tension, at least temporarily, after Wednesday’s announcement that tariffs on Chinese goods wouldn’t be reduced until the agreement was signed.However, investors remain...
Crucial Earnings For Big Companies

Crucial Earnings For Big Companies

Most in the media have been telling you the U.S./China trade war was over. Phase I of the deal was signed… what could go wrong?As I’ve been warning you, a lot.The first phase of the deal was very narrow and didn’t really tackle the tougher stuff that started the trade...
Fed Doesn’t Matter…

Fed Doesn’t Matter…

The Fed painted themselves into a corner…After lowering rates three times in 2019, it’s out of ammunition to stoke markets higher. Even the last two rate cuts failed to rally long-dated bonds -- they’ve been in a downtrend since August. That’s why I believe Fed data...
Big Week Ahead

Big Week Ahead

We’re now in the second week of the year. Almost everyone is back from vacation and on their regular schedule -- including folks on Wall St. This week, I’m expecting volume and volatility to increase -- which is exactly what we want as traders. And on Thursday, we...