FED Says What?!

FED Says What?!

Remember the meeting I mentioned yesterday? Some important things went down.The Fed said they aren’t planning on cutting rates in the foreseeable future… despite President Trump's pleas to Jerome Powell to do otherwise.With the Fed no longer in Trump’s corner, it...
Will Mid Caps and Small Caps Finally Break Out?

Will Mid Caps and Small Caps Finally Break Out?

The Fed has lost its power to move markets, and that could mean trouble for stocks in the near future.You can tell by how this asset reacted last time the Fed lowered rates. No matter what the FOMC minutes reveal, I don’t expect them to move stocks higher. ​Aside from...
The Top Stocks For Next Week!

The Top Stocks For Next Week!

We might finally have the information we’ve been waiting for… President Trump wants good news that’ll help the economy, but not for the reasons you think…I expect this to be the major catalyst the market needed: a resolution to the U.S./China trade war.In the...
Is the Market in Big Trouble?

Is the Market in Big Trouble?

I’m seeing two major issues today… and none of it looks good for the market.The first has to do with the U.S./China trade war. Talks don’t seem to be going anywhere, and I expect that will start to seriously impact the economy and the market.The other has to do with...
Is Momentum Fizzling Out?

Is Momentum Fizzling Out?

I hate to say it,  but I told you so. I’ve been warning you that stocks are overbought… that the U.S/China trade war was far from over… that gold and bonds would rally soon…President Trump’s meeting with the Economic Club didn’t go very well yesterday. And...
How Much Higher Will S&P 500 Go?

How Much Higher Will S&P 500 Go?

The trade war continues its collision course with the economy. The speculation (and hope) that the U.S./China trade war will be resolved soon has been a major catalyst driving the S&P 500. But I expect things to start changing soon…President Trump has a...
Is There More Upside Ahead?

Is There More Upside Ahead?

Now is the perfect time to take a step back and reflect on earnings. As I’ve mentioned before, fundamentals are important for traders to track because they determine the medium- and long-term trajectory of the market. So unless you’re a day trader, you’ll want to...
Don’t Fall for the BIG Trap

Don’t Fall for the BIG Trap

Politics and the economy are on a collision course. The high-stakes U.S./China trade war is having a massive effect on markets right now, and I expect that to only increase over the coming weeks. President Trump’s reelection chances are likely to come down to the...
It’s a Huge Day for 3 Tech Giants

It’s a Huge Day for 3 Tech Giants

Happy Wednesday everyone!Today I want to continue our look into where the market is likely headed the rest of the year.To do that, I’m going to take a look at market fundamentals. As a trader, I usually focus on chart pattern, systems and indicators. But...
Stretched Out and Overbought

Stretched Out and Overbought

Today I’m going to show you where I think the market is headed for the rest of the year...It’s crazy how fast this year has flown by... the holiday season is right around the corner!So let’s dive right into today's market action. And what I’m going to show you today...