Stocks Hit Pause Yesterday, But Earnings Are Likely To Rev Things Up

Plus New Zacks Strong Buys for Thursday, January 30

Profit from the Pros By Kevin Matras Executive Vice President

Stocks Hit Pause Yesterday, But Earnings Are Likely To Rev Things Up Stocks closed narrowly mixed yesterday. While fears that the coronavirus may begin to spread more rapidly beyond China, the markets had little reaction. Same was true for the bevy of earnings yesterday. But that's likely to change in today's session. Especially after Microsoft posted a positive surprise after yesterday's close (up 4.5% in after-hours trade), and Tesla did the same (up 11.5% in after-hours trade). And we'll get a slew of big name companies reporting today as well, which includes Amazon, Verizon, Amgen, and more. In other news, President Trump made the USMCA trade deal official by signing it into law yesterday. That, along with Phase One of the U.S.-China trade deal, is expected to usher in a wave of new growth and prosperity. This truly is an historic time for our economy and the market. So make sure you're taking full advantage of it. That means getting into the right stocks and staying out of the wrong ones. Don't squander this time with preventable mistakes. Making money in the market is easier than you think. You don't have to be a genius. And you don't have to be a pro. You only need to do a few things right and you can make historic returns. I outline one of these things in my latest commentary... One Little Secret For Big Results Best, Kevin Matras Executive Vice President, Zacks Investment Research Sponsor Over $90,000 in Gains Fair warning, we're revealing our Top 3 Stock Picks... for FREE! Join us online to receive the exclusive predictions of how you can uncover over $90,000 in gains. And we've predicted EVERY market reversal over 100 pts each of the past five years. We want you to be ready for what's coming next. We can only hold 500 people in this complimentary training. This is LIVE, no replays. Don't miss out. Click Here Now, uncover your gains! Most Popular Articles from Zacks.com Confident Consumers to Drive U.S. Economy: 5 Picks American households seem to be confident about the economy encouraged by the phase one trade deal, a stellar market and the lowest unemployment rate in 50 years. Read More » Microsoft, Facebook & Tesla All Better than Expected Three of the top companies in the S&P 500 have posted better-than-expected results in quarterly earnings and sales in their most recent quarters. Read More » 3 Growth-Focused Tech Stocks to Buy to Help Boost Your Portfolio in 2020 The tech sector has clearly been the home of growth stocks for years. Read More » Buy 4 Top Consumer Staples Stocks Ahead of Earnings Results This defensive in nature sector has always been a go-to place for investors who want to play it safe during extreme market fluctuations. Read More » Coronavirus: Epidemic or Pandemic? The current geometric rate of transmission implies that over 100,000 people could be infected by early February. Read More » Sponsor Notification of Release: 5 Stocks Set to Double Five Zacks experts each revealed their single favorite stock with the best chance to gain +100% and more in the months ahead. For example, one is a direct-to-consumer medical company that has experienced almost unprecedented growth over the past 2 years. Today, you are invited to download the private Special Report that names these stocks and spotlights why their gain potential is so exceptional. See Stocks Now >> Bull of the Day: UniFirst (UNF) In a hot job market, there's a lot of people wearing uniforms. Read More » New Zacks Strong Buys for January 30th Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. Read More »   Download our app for convenient on-the-go access to even more—daily and weekly newsletters published by Zacks experts, proprietary research and tools, and Portfolio Tracker on Zacks.com. 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