By Chuck Hughes On Friday, we looked at a Daily Chart of Procter & Gamble Co. and noted that the stock had been making a series of higher highs and higher lows. Today’s Chart of the Day is a 10-Month Simple Moving Average chart for Brookfield Renewable Partners LP (NYSE: BEP). BEP owns a portfolio of … Read more
Make no mistake about it—the stock market and the economy are strong. However, with the market sitting around all-time highs again, how much longer can we expect investors to buy up stocks? It’s a tricky situation, to say the least. That’s why I chose my spots carefully last week…treating each opportunity with a touch more … Read more
A strong November jobs report surprised the market on Friday and sent stocks surging higher. The surprise report showed payrolls adding 266,000 jobs in November, dropping the unemployment rate to its historic low of 3.5%. The Dow gained 300 points on the number, and Apple hit an all-time high ($270.71). The stage is now set … Read more
U.S. stock index futures were slightly lower on Monday. Around 6:20 a.m. ET, Dow futures indicated a negative open of more than 25 points. Futures on the S&P and Nasdaq were both slightly lower. — RECOMMENDED — Will 2020 be the year this nearly 11-year-old bull market finally crashes? Matt McCall and Louis Navellier Will … Read more
Make no mistake about it, there has been a lot of talk about tariffs this year—learning more about them will only make you a better trader. After all, it never hurts to understand the headlines driving the market. Why? Because trading off the wrong headline can cost you money. For example, stocks came off all-time … Read more
It doesn’t matter… you can be the world’s greatest stock-picker But if you don’t know how to manage a trade then it won’t do you any good… Proper trade management goes beyond the basic mantra: let winners run and cut your losers short. Through experience and mentorship, you’ll learn that you have specific tools at your disposal. … Read more
Job growth should appear strong in November as striking GM workers returned to the workforce. Economists surveyed by Dow Jones expected 187,000 jobs were added in November, and Refinitiv’s consensus forecast was 180,000. Wages are expected to rise by 0.3% in the month, and unemployment is expected to remain at 3.6%. The government’s monthly employment … Read more
U.S. stock index futures traded higher on Friday as investors awaited the release of the government’s latest jobs report. Around 7 a.m. ET, Dow Jones Industrial Average futures were up 75 points, indicating a gain of more than 70 points at the open. S&P 500 and Nasdaq 100 futures also rose. — RECOMMENDED — Will 2020 be the year … Read more
InvestorPlace Early Warning Summit 2022 – Watch The Replay Here Early Warning Summit 2020 On December 10, for the First Time Ever Two Legendary Growth Investors Will Share the Stage and Reveal the Massive Market Events That Will Shape 2020… And What They Recommend You Should Be Doing NOW With Your Money. CLAIM YOUR FREE … Read more
Congratulations, you’ve almost made it through the trading week…and what a roller coaster ride it’s been! Let’s get you squared away with where things stand after some wild market action with the midweek market update. The SPY managed to fill the gap today left open from Monday’s massive decline. That comes after a sharp reversal Tuesday that … Read more