Bulls had to slow their roll on Tuesday as the immediate +3.5% rally was shaved by 80% into the close. Why did the rally fritter away? And what does it mean next for the stock market (SPY) going forward? 40 year veteran Steve Reitmeister shares his timely market outlook, trading plan and 8 top picks ..
Tag : Stocks
Last week, I discussed all of the reports we had coming due before the Fed’s December meeting (and rate hike announcement)…including the very important Consumer Price Index (CPI) report that was released this morning. It felt premature to send out my pre-Fed meeting market commentary before that last important inflation measure came out, and, boy… ..
Bolster the Warren Buffet “Fear and Greed” mantra with three more reliable indicators to increase your odds of sucess in trading. shutterstock.com – StockNews “Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” is a famous stock market adage of famed investor Warren Buffet. The CNN Fear and Greed Index certainly epitomizes ..
40 year investment veteran Steve Reitmeister shares his most complete and up to the minute analysis of what lies ahead in 2023. First a return of the bear market with the S&P 500 (SPY) making news lows. Yet just at the darkest hour the new bull market will emerge ushering in tremendous gains to investors ..
The S&P 500 (SPY) has been shedding weight all week long because inflation is looking too “sticky”. What does that mean? And why does it matter? 40 year investment veteran Steve Reitmeister spells it all out in this timely commentary that includes market outlook, trading plan and top picks. Read on below for the full ..
Apparel company Gap (GPS) has recently witnessed a rally. However, with persistent macroeconomic uncertainties surrounding interest rate hikes, let’s examine whether the stock has what it takes to deliver sustainable returns…. shutterstock.com – StockNews The Gap, Inc. (GPS) is a specialty apparel company offering clothing, accessories, and personal care products for women, men, and children. ..
Most investors have had a rough time in the turbulent 2022 stock market (SPY). Now more than ever they need a reliable way to identify winning stocks regardless of the current market conditions. The key to success is to take the guess work out of investing by having the computers do the heavy lifting for ..
With significant growth registered in the third quarter, investor confidence has been uplifted. Hence, quality stocks with solid growth prospects, such as Amgen (AMGN), Cognizant Technology Solutions (CTSH), and Dole plc (DOLE), could be added to the watchlist this week. Read on…. shutterstock.com – StockNews Multi-decade high inflation, the war in Ukraine, China’s strict COVID-19 ..
World-famous investor Warren Buffett picked up shares of healthcare services provider McKesson Corporation (MCK) this year. The company has raised its dividends for 16 consecutive years. With a recession expected next year, this healthcare services stock is expected to remain stable as demand for healthcare and related services usually remain unaffected regardless of economic conditions. ..
The Fed Chairman recently indicated a slower pace of rate increases. However, many analysts still believe the economy will face a mild recession next year. Therefore, it could be wise to invest in quality stocks with solid growth prospects, such as AbbVie (ABBV), Bristol-Myers Squibb (BMY), and Lifeway Foods (LWAY). Read more…. shutterstock.com – StockNews ..
