Despite the economic turmoil, retail sales remained steady, indicating that consumer spending is not slowing down. While other sectors continue to feel the pinch of interest rate hikes, the grocery/big-box retail industry has been holding up well due to the inelastic demand for its products. Therefore, investors shouldn’t hesitate to buy shares of fundamentally strong ..
Tag : Stocks
Given the pace and intensity of the Fed’s monetary tightening, there’s a strong likelihood that the U.S. will enter a recession in 2023. However, amid a strong job market and resilient consumer spending, the possibility of a soft landing still stands. Given this backdrop, quality stocks Gilead Sciences (GILD), Coca-Cola Consolidated (COKE), and Ooma (OOMA), ..
The S&P 500 (SPY) managed to break through the important 4,000 level, which is great news for stock traders. Looks like we might be able to climb that wall of worry after all! How did we manage to turn things around after “the worst week” so far in 2023? Read on to find out. (Please ..
The battle for the soul of the stock market (SPY) is at stake in March. Why is that? What are the key events? And are bulls or bears more like to win? 40 year investment pro Steve Reitmeister answers all that along with his trading plan and top picks. Read on below for the full ..
After a brutal year in 2022, the S&P 500 (SPY) ripped higher to start the year-only to give much of the gains back. Using a steady hand to steer through the daily volatility is still a very viable strategy. 2023 is shaping up as a stock pickers market. A simple system of taking profitable bullish ..
How we profited from the power of the POWR ratings with a powerful pairs trade philosophy on VAL and HP. Alfred Winslow Jones is widely credited with creating the first hedge fund, or more accurately “hedged fund”, in the late 1940s.He supposedly got the idea while researching a markets article for Fortune magazine. The idea ..
It has certainly been a rough week for bulls in the S&P 500 (SPY). Over the past 10 days, we’ve now had three big reports all showing hotter-than-expected inflation. And while it looked like the bulls were going to be able to shake off the first two, the evidence is stacking up in favor of ..
The battle lines are set between bulls and the bears over the 200 day moving average for the S&P 500 (SPY). A break below 3,940 will likely ignite a serious FOMO rally to the downside. Why is that likely going to happen? And how to best position your portfolio to profit? 40 year investment pro ..
Our computer models are dialed into the 100 best stocks for March 2023. What makes them “the best stocks”? Years of hard work to find the precise factors that lead to market beating stocks (SPY). Like our coveted strategy with an average annual return of +57.82%. And yes, it even produced impressive profits during the ..
We’ve had two very big developments since last week — two hotter-than-expected inflation reports…and the S&P 500’s (SPY) reaction to them says a lot about where we are right now in terms of the ongoing bull/bear tug-o-war game. Keep reading to find out what it’s saying…. (Please enjoy this updated version of my weekly commentary ..
