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
The market is red-hot today after it received dovish comments out of the Federal Reserve Bank yesterday. That said, there are plenty of opportunities to look at. And I’m not here to waste your time, so here you go: [Note: Members of my service also receive video updates where I explain in greater detail the thought … Read more
Stock futures are surging higher this morning after the Fed announced yesterday that it is willing to accommodate the market and cut interest rates if need be (first cut expected in July). In addition, market participants are optimistic heading into the G-20 summit, where President Trump and China’s President XI are set to meet and … Read more
By Beau Henderson – Strategic Retirement For a retiree, the only thing worse than dying is outliving your money. The average 65-year-old man today can expect to be retired for a minimum of 19 years — up from 13 years in 1940. A longer retirement means more time without a paycheck — and more years … Read more
By Jody Chudley, Financial Analyst We’re 10 years removed from the Global Financial Crisis… Yet one sector of the stock market is still reeling from the fallout. I’m talking about the big banks. Just look at the valuations of the largest financial institutions relative to the rest of the market. The current valuation of the … Read more
U.S. stock index futures were sharply higher Thursday morning after the Federal Reserve on Wednesday signaled possible interest rate cuts later this year. Around 6:47 a.m. ET, Dow Jones Industrial Average futures indicated a positive open of more than 200 points. Futures on the S&P 500 and Nasdaq 100 were both seen higher as well. The Fed signaled … Read more
Something big is happening right now, and it’s about to change our global economy forever. It’s going to change how you shop, how you travel, even how you receive emails… But nobody is talking about it…YET. — RECOMMENDED — Tech insiders are holding their breath for what’s about to be revealed … A prediction that … Read more
Stocks were pretty quiet today, before and after the Fed. The major indices opened slightly higher this morning. But stocks pulled back and traded sideways until today’s Fed Statement at 2pm ET. As expected, the Fed kept rates unchanged. In the policy statement, the Fed dropped the word “patient” and said they will “closely monitor” … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market Free TheoVideo Report – for Wednesday, June 19, 2019 by Corey Rosenbloom The Fed did as expected and kept overnight interest rates the same, but opened the door wide to rate cuts later in 2019, possibly as … Read more
Mortgage application volume wasn’t as stellar as it was last week as rates climbed slightly, but it was still up across the board on an annual basis. Total mortgage applications were down 3.4% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. But volume was up 31.6% from the same week … Read more