Market Direction: BULLISH alert issued 1/10/2019
WE HAVE A NEW! "LAUNCHED: Stock on the
Radar (STAR)" THIS WEEK.
Be a part of our book of the quarter community get 24 Essential Lessons for Investment Success: Learn the Most Important Investment Techniques from the Founder of Investment Business Daily. (Sponsored Link) Make the decision to be a lifelong learner.
Stock on the Radar (STAR)© is a service we provide. If there is a new stock strategy for the week we typically make it available Sunday evening. This allows investors time to research the strategy and decide if they want to take a position Monday when the stock market opens. Our competitive advantage is we provide our strategy for "FREE" to registered members.
Congratulations! Register below or login to get the next potentially explosive Stock on the Radar (STAR)© strategy. You be the judge.
Register here!
Market Direction Week Review: Stocks
ended the week and the quarter on a high note, rising globally. The S&P 500
recorded its strongest quarterly performance in a decade, rising 13% and
leaving the index 3% off its all-time high1. The market rebound
during the quarter was fueled by the Federal Reserve's pivot in rate hikes,
better-than-expected earnings results, and optimism that a U.S. - China trade
deal will be reached. Small- and mid-cap stocks outperformed large-cap stocks,
which in turn outperformed international stocks. Commodities were up
significantly, driven by a 30% surge in oil prices following OPEC's production
cuts.
How
the market finished last week, the S&P 500 up 1.2%, the Nasdaq up 1.1%, and
the Dow up 1.7%.
Trade stocks & options for as low as $1 until Independence Day 2019 at ZacksTrade (Ad)
Market Direction This Week: Next week
is going to be as busy as it was this week on the economic front. Probably the
two reports that have the most market-moving potential are Monday’s Retail
Sales report and Friday’s monthly employment data.
The
on-going U.S.-China trade discussions, Brexit votes on Monday and Wednesday are
some other important market direction keys.
Expect
volatility to continue this week as the index averages are near all-time highs.
Economic Calendar: Retail Sales (4/1), ISM Manufacturing Index (4/1), ADP Employment (4/3), Employment Report (4/5)
Some of the major earnings announcements on deck: WBA, PLAY, STZ, LW, RPM.
$tockMarketDirection proprietary model is currently BULLISH. We strongly encourage you to monitor positions closely, exercise proper money management strategies and follow us at $tockMarketDirection for ALERTS we may issue advising a change in the current market direction. Stay tuned and follow us. If you have a testimonial or comment of how this website has helped you we would like to know, email us. Building a community of investors one trade at a time. Share with a friend. Cha-ching!
No comments:
Post a Comment