The economy was expected to have added a solid 180,000 jobs in May, but if the payroll number is much stronger or weaker than forecast, that could be a game changer for the markets and any consumers or businesses looking for a loan. Coming amid a huge shift in expectations for Federal Reserve interest rate … Read more
U.S. stock index futures were higher Friday as Wall Street looks set for a fifth straight day of gains, amid hopes of progress on trade talks between the U.S. and Mexico. At around 5.30 a.m. ET, Dow futures were up 82 points and indicated a positive open of around 99 points, while the S&P 500 … Read more
The stock market is looking to close green for a third straight session. However, it still remains a traders market. Stocks are still jumpy… and still reacting to trade news. That said, whenever market conditions change, you need to look at your inventory and see what’s still working and what has stopped. You see, not … Read more
The market continues to be driven by news headlines, rumors, and tweets. And we’re seeing plenty of volatility, twists, and turns, because of it. If you’re new to trading, it can be overwhelming. I know, because I once frustrated and overwhelmed. You see, after my financial advisor lost half of my portfolio in 2009… I … Read more
Is it time to buy the dip or sell the rip? It’s been a very confusing week of trading… as the bulls and bears continue to duke it out. Who will win? Me. You see, I don’t get caught up in silly storylines… the side I’m on is the one that’s making money… And as … Read more
U.S. stock index futures were higher Thursday morning as Wall Street’s rally on hopes of a rate cut from the Federal Reserve looked set to continue. At around 6:30 a.m. ET, Dow futures indicated a positive open of around 80 points, while futures for the S&P 500 and Nasdaq also ticked higher. Comments from Fed … Read more
What a wild week of trading it’s been and it’s only Wednesday… Stocks were on the brink of collapse on Monday…. But yesterday… the plunge protection team jumped in and said that they are ready to facilitate this market and cut interest rates if need be… Now, I’m not a big macro guy. I stick … Read more
Markets were red on Monday and green on Tuesday. As for me… I decided to wear green both days… (It might not look like a lot in profits… but it equates to almost $400K a year if you can keep the pace. If you want to learn more about my trading system, then click here.) No, … Read more
The U.S. Federal Reserve has sent a “very strong signal” that it’s ready to consider cutting interest rates, according to a former Fed governor. Sarah Bloom Raskin, who sat on the Fed board from 2010 to 2014, offered that analysis in light of Chairman Jerome Powell’s recent speech in which he said the central bank … Read more
U.S. stock index futures were slightly higher on Wednesday morning, after Wall Street delivered its second best day of trade for 2019 in the previous session. At 3:00 a.m. ET, Dow futures were up 34 points, pointing to a higher open of more than 43 points. Futures on S&P 500 and Nasdaq were higher too. … Read more