2019年2月25日星期一

Monday Millionaire Briefing: These Reports Will Be Crucial for the Retail Sector

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10-Minute Millionaire
February 25, 2019

Why I Never Use an Alarm Clock Anymore (and Neither Should You)

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Monday Millionaire Briefing: These Reports Will Be Crucial for the Retail Sector
By D.R. Barton, Jr.

These are a few things I'll be keeping an eye on this week...

  1. Another market-moving Trump tweet: The U.S. President tweeted that the additional tariffs, scheduled for March 1, would be delayed. As I write this before markets open on Monday morning, The S&P 500 cash index has pushed right up to the only key resistance levels between here and all-time highs: the 2800 - 2815 zone. This is where the market made intermediate highs in October, November and December of last year. A close or two above 2815 will be significant for the bullish case to follow-through all the way to the 2940.91 all-time high level.

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  1. Earnings #1 and #1a: Home Depot (HD) and Lowe's (LOW) which report on Tuesday and Wednesday, respectfully, will give us some insight into consumer confidence. Piggy-backing off of Walmart's exceptionally strong report from last week, good news from these two would propel retail stocks in general, and put the poor holiday numbers reported by the government's Census Bureau in the rear view mirror... This home improvement duopoly is also important because if they report bad numbers, after last week's disappointing existing home sales numbers, it could indicate more weakness ahead in real estate.
But that's only a part of the picture...

Today I gave 10-Minute Millionaire Insiders information on another four earnings reports happening this week that will have huge ramifications on Wall Street. Don't miss out on valuable information any longer, become an Insider today! Click here to learn more.

To see the rest of the Monday Millionaire Briefing, 10-Minute Millionaire Insider subscribers can read on here.

Great trading and God bless you,


D.R. Barton, Jr.


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