 | Perfect! Chris Johnson's readers recently got the chance to close a "perfect" month of winning recommendations. Click to learn how...
| | | Here's How to Get Ready for Every China Trade Deal Outcome By Chris Johnson, Quantitative Specialist, Money Morning There's a lot to like about this market... It's technically strong, and leadership among the sectors hasn't changed. This is good. The Nasdaq Composite and Russell 2000 indexes are out above their 200-day moving averages as of Friday; all four of the major indexes are back above this key trend line. The CBOE Volatility Index (VIX) has settled below the critical 15-point level and was last seen headed south. I'm lovin' it. And of course, more than 80% of the S&P 500 has reported earnings. Seventy percent of 'em beat earnings expectations, and 60% trounced revenue expectations. Phenomenal. Finally, a raft of weak-ish economic data had traders taking some profit off the table last week, which, in conjunction with a sagging VIX, suggests we're done with the selling for the time being. The trend is your friend, I always like to say, and the trend is "up." But we still have to make it past the China trade deal - or lack thereof. This isn't necessarily all that scary. In fact, the way I see it, three things could happen, two of which could be really profitable, if you're prepared... Full Story
With Resistance Out of the Way, Onwards to All-Time Highs During one of my frequent appearances on FOX Business Network's "Varney & Co.," host Stuart Varney asked whether the market's got another leg up in store.
Short answer: absolutely. For one thing, we're getting resistance out of the way. All the shorts are being taken to the cleaners, and the market is setting the pace.
What's more, I think we could even see all new all-time highs by this upcoming Friday.
Now, some are worrying that Fed Chair Powell testifying today could in some way upset the apple cart.
I will say this - Powell has the power to say one sentence that will go in the wrong direction and be too hawkish. Frankly, it could clobber the markets. My hope is that he will tread very, very carefully. I think he's learned from his past experiences.
So I'm basically predicting that he is not going to say something that will bring the markets down. He will simply present scenarios of what could happen. In fact, for the first time in a long time, I think he's finally beginning to understand the link between what he says and what the market does.
So I'm cautiously optimistic that he's actually going to toe the line intelligently, rather than use this "damn the torpedoes" approach that he has in the past.
I'm working on some new recommendations for my Total Wealth readers to play the next move higher. You can click right here to get this research for yourself FREE, and you'll be signed up to get all my Total Wealth updates. Micro Caps This Top Penny Stock Could Jump 250% Today we're bringing you some rules for investing in micro caps, plus a pick that has the potential for triple-digit gains over the next 12 months... Full Story
Tom Gentile You've Got Six Chances to Double Your Money by April 1 Finding the right stocks in this current market may often feel impossible, but it isn't at all. In fact, Tom's system has isolated six of the "right" stocks you can play for monster profits... Full Story
Must See A 702% Cryptocurrency Explosion (and That's Just the Tip of the Iceberg) Since 2013, the number of businesses accepting payments in the form of cryptocurrency has skyrocketed a mind-blowing 702%. And with major retailers like Overstock, H&M, and Microsoft leading the way, it's only a matter of time before the wave of the future hits full force. By preparing the way we show you here, even a $100 stake could transform into a life-changing fortune. Here are all the details...
Stealth Profits Trader (Premium Content) Pocket a 127% Win on This Trade China trade talk excitement has been hitting the markets lately, and our options are expiring this coming Friday. That means we need to grab a triple-digit win on our remaining contracts in this trade. Here's the action you need to take... Full Story
Private Briefing (Premium Content) Following Up with Our Chief Investment Strategist Bill recently sat down with our Keith Fitz-Gerald to discuss his latest recommendations, profit opportunities, and the next moves you should be making. Here are Bill and Keith... Full Story
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