Articles from the Experts

Our experts offer free thoughts on the market almost every day. Follow the links to the articles on their sites to learn more about how they trade and what brokerage firms they use.

If you want a special on any of the services offered by our experts, visit Trade Comparison's Facebook page and "Like" us to get special discounts from any or all of our experts.

U.S. markets finished lower on Friday as weakness in the blue-chips and disappointing comments from Fed officials weighed on the major indexes. Developments from overseas concerning Brexit and soft economic news out of China also hindered momentum.

The overall market pullback overshadowed better-than-expected earnings ahead of the open and comes ahead of a flurry of results over the next couple of weeks and the height of 3Q earnings. Near-term support levels held with volatility spiking before holding a key level of resistance.

The Dow dropped 1% after trading in the red throughout the session while while closing on the session low of 26,770. Near-term and upper support at 26,750-26,500 was breached but held with a close below the latter and the 50-day moving average leading to a possible retest towards 26,250-26,000 and the 200-day moving average.

The Nasdaq sank 0.8% following the midday pullback to 8,045. Upper support at 8,100-8,050 failed to hold with a close below the latter getting 8,000-7,950 and the 50-day moving average back in play.

The S&P 500 traded exactly to the 3,000 level shortly after the open before before falling 0.4% and testing an intraday low of 2,976. Near-term and upper support at 2,975-2,950 held with a close below the latter and the 50-day moving average opening up risk towards 2,925-2,900.

The Russell 2000 was lower by 0.4% after tapping an afternoon low of 1,525. Current and upper support at 1,530-1,515 and the 200-day moving average was breached but held with a move below the latter and the 50-day moving average back signaling another retest towards the 1,500 level.

For the week, the Russell 2000 surged 1.6%. The S&P 500 added 0.5% and the Nasdaq was up 0.4%. The Dow dipped 0.2%.

Real Estate was the strongest sector after soaring 1% while Utilities and Financials advanced 0.3%. Communication Services and Technology were the weakest sectors after sinking 1.2% and 1%, respectively.

For the week, the best performing sectors were Communication Services (3.5%), Healthcare (3.3%), and Industrials (3%). Utilities (-0.9%) and Consumer Staples (-0.5%) were the only sectors that closed lower.

Exploit a Step-by-Step BLUEPRINT in 1 Hour or LESS a Day & EARN Consistent Daily Income from the Most Predictable & Profitable Market on the Planet.

GOAL:  $250 to $500 + Every SingleDay the Market is Open…Like Clockwork!

Discover this Simple, 4-Step Process, Fully Disclosed BLUEPRINT for yourself.

ANALYST UPGRADES/DOWNGRADES

Altria Group (MO) upgraded to Neutral from Sell at Citi
Snap (SNAP) upgraded to Buy from Neutral at BofA/Merrill
Waste Connections (WCN) upgraded to Overweight from Sector Weight at KeyBanc

Caterpillar (CAT) downgraded to Equal Weight from Overweight at Morgan Stanley
Gildan Activewear (GIL) downgraded to Sell from Buy at Desjardins
L Brands (LB) downgraded to Underperform from Neutral at Credit Suisse

MONDAY'S EARNINGS ANNOUNCEMENTS  
Before the open: A Bank of Marin Bancorp (BMRC), Community Bank Systems (CBU), Halliburton (HAL), HomeStreet (HMST), Lennox International (LII), Old National Bancorp (ONB), PetMed Express (PETS), SAP (SAP)

After the close: ​ American Campus Communications (ACC), BancorpSouth (BXS), Cadence Design Systems (CDNS), Celanese (CE), Del Taco Restaurants (TACO), Enterprise Financials Services (EFSC), FB Financial (FBK), HealthStream (HSTM), Hexcel (HXL), LogiTech International (LOGI), SmartFinancial (SMBK), TD Ameritrade (AMTD), Veritex Holdings (VRTX), Washington Trust (WASH), Zions Bancorporation (ZION)

MONDAY'S ECONOMIC NEWS

There are no major reports scheduled

METALS / OIL
Gold closed at $1,494.10 an ounce, down $4.20
Silver settled at $17.58 an ounce,  down $0.03
Copper finished at $2.63 pound, up $0.04
Crude Oil was at $53.70 a barrel, down $0.35
Bitcoin Investment Trust (GBTC) ended at $8.73 down $0.24


I hope this helps you prepare for the trading day. Make it a great one!


   Todd Mitchell


Not sure the best way to get started?

Follow these 3 simple steps ...

Step #1: Get These FREE Reports & Videos

Options INCOME  Profits   8 Video  Series    Habits that Kill Traders...



Step #2: Enroll in an Advisory or Educational Program
Premium Advisories | Featured  Educational  Programs 



Step #3: Connect with The Community
Trading Concepts Official Facebook Page

The post Market Lower on Fed Speak and Brexit Jitters appeared first on Trading Concepts, Inc..

Traders continue to surprisingly laugh in the face of China’s economic slowdown, which is in large part being fueled by the trade war with the U.S.

And as long as the world’s second-largest economy doesn’t completely nosedive, the laughing will probably persist, say Wall Street pros.

Markets are more focused (and more upbeat, subsequently) on how global economic slowdowns will drive stimulus actions by central bankers and governments (especially in China), according to experts. Optimism also rages on because China’s economy does in fact continue to grow, allowing big multinationals such as Starbucks and Apple to benefit from the rise in worker incomes and overall living standards.

“China’s economy has been slowing for years now, so it’s a managed slowdown,” Global X ETFs head of research and strategy Jay Jacobs said on Yahoo Finance’s “The First Trade.” “I think the bigger risk is that there is a hard landing in China, an unexpected drop in output. I just think that is something that is very unlikely given the government’s control over the economy and the consistency of that growth.”

That said, ask any trader five years ago if 6% GDP growth from an emerging market such as China would be completely ignored, and the answer would be “hell no.”

Exploit a Step-by-Step BLUEPRINT in 1 Hour or LESS a Day & EARN Consistent Daily Income from the Most Predictable & Profitable Market on the Planet.

GOAL:  $250 to $500 + Every SingleDay the Market is Open…Like Clockwork!

Discover this Simple, 4-Step Process, Fully Disclosed BLUEPRINT for yourself.


But alas, that disregarding of China’s years-long slowdown persists following the latest mixed read on the country’s economy. China’s economic growth fell to its lowest level in about three decades, per new government statistics out Friday. China’s GDP grew by 6% in the third quarter. Analysts were looking for 6.1% growth.

China’s GDP gained 6.2% in the second quarter. Stocks barely reacted on the latest news.

“Growth is lower, and I think it will be lower for a while given what’s going on with the trade tariffs,” AdvisorShares founder and CEO Noah Hamman said. “But I wouldn’t be too worried about it. I think most investors are invested domestically. And with the Fed increasing its balance sheet, you will see a rise in the stock market again.”

And if pros like Hamman and Jacobs are correct, stocks will continue to overlook China’s growth cool-down.

Source: https://finance.yahoo.com/news/why-the-stock-market-hasnt-crashed-yet-because-of-chinas-slowing-economy-150406557.html

Have a fantastic day and I hope today’s article helps.

The post Why the stock market hasn’t crashed yet because of China’s slowing economy appeared first on Trading Concepts, Inc..

The holiday shopping season is right around the corner, and all the biggest tech companies are coming for your wallet.

In the past two months, Google has revealed new Pixel phones, Microsoft has launched Surface tablets and laptops, Facebook has introduced a new smart display called Portal along with Oculus VR headsets and Amazon has rolled out a bunch of gadgets that work with its voice assistant, Alexa.

These are the dominant players in software and web services and they’re trying to play in the hardware world, where Apple owns the consumer’s wallet. Google’s Pixel devices, for example, have less than 1% of the global market share, according to IDC.

While Google and Microsoft have to deal with scores of partners to make hardware that runs their operating systems, Apple controls both the hardware and software and can dictate the entire user experience. It’s the foundation of Apple’s $266 billion in annual revenue.

Still, there are strategic reasons for big software companies to launch their own hardware, even if they aren’t throwing off billions in profit like Apple.

“As software, these companies have staked out strong reputations to deliver equally strong experiences,” said Ramon Llamas, research director at IDC. “Coupling them with their own branded hardware makes for a total experience exactly how the vendor has envisioned, and within each category, there is a significant number of loyalists.

Here’s why the world’s most valuable software companies want to sell you hardware.

Google

Google earns nearly all of its revenue from online advertising, so why did it launch new Chromebook laptops and Pixel phones this week, especially when giants like Samsung and Lenovo already use its Android and Chromebook software?

Google wants users to be able to pick up a variety of different gadgets to access services like search or Gmail, whether on a Chromebook, a phone, a voice assistant in your earbuds or in a smart speaker in your home.

It’s a concept Google calls “ambient computing.” As Carolina Milanesi of Creative Strategies wrote this week, “The devices are not the final product; the technology in them is.”

Google’s head of hardware, Rick Osterloh, described it this way: “Our vision for ambient computing is to create a single, consistent experience at home, at work or on the go, whenever you need it.”

One way that Pixel phones can help achieve Google’s aims is by offering a niche product that gives access to unvarnished Google software. Partners like Samsung often add their own spin to Android to differentiate themselves, like Samsung’s Bixby voice assistant. That can get in the way of what Google’s trying to do with ambient computing.

“In the process of being a software provider, and search engine, Google has earned the loyalty of millions of people, who just want to have that Google experience, taking out that bloatware that all these other vendors add,” Llamas said.

Microsoft

Microsoft sells a lot of Surface computers: $5.7 billion worth in the year ending in June, according to a company filing.

That’s at least one good reason why Microsoft released laptops and tablets, including the Surface Pro X, the Surface Laptop 3 and smart earbuds. As former Microsoft CEO Steve Ballmer said earlier this month, “there’s plenty of profit in hardware.”

But Surface is responsible for just under 5% of Microsoft’s total revenue — it makes more revenue from LinkedIn and cloud services, and it’s best known for its Windows and Office software.

The world’s biggest computer manufacturers also buy Windows software to power their laptops and tablets, which sell in much greater numbers than Microsoft’s first-party hardware. Microsoft’s Surface makes up less than 5% of the tablet business worldwide, according to IDC.

One reason why Microsoft invests in its Surface lineup is that it gives its partners a glimpse of where Microsoft wants to take Windows in the future. It’s a lot easier to introduce complicated new features and new designs when one company controls both its hardware and software.

“With every massive shift in tech, or when that change starts to the happen, the form factor changes too, and that’s what we are starting to see here,” Panos Panay, Microsoft’s chief product officer said earlier this week.

Two hardware items announced last month underscore this point: Surface Duo and Surface Neo.

Surface Neo is supposed to go on sale by the end of 2020, and it’s a double-screen folding laptop. The idea is that it can be a powerful computer you use while you walk around thanks to a totally new design.

Surface Duo is a folding phone running Google’s Android, also expected to go on sale over a year in the future. It’s the latest signal that Microsoft wants to closely integrate its Windows desktop system to play well with Android smartphones.

Exploit a Step-by-Step BLUEPRINT in 1 Hour or LESS a Day & EARN Consistent Daily Income from the Most Predictable & Profitable Market on the Planet.

GOAL:  $250 to $500 + Every SingleDay the Market is Open…Like Clockwork!

Discover this Simple, 4-Step Process, Fully Disclosed BLUEPRINT for yourself.

Amazon

Amazon’s hardware strategy is to throw stuff into the market and see what sticks.

The company also hopes that it can get users hooked on its voice assistant. At a launch event in September, it released a lot of new products, including headphones, speakers, wearables and even a pair of computer glasses. The one commonality among the products? They all can summon Alexa.

That’s led Amazon to have a dominant 75% market share in smart speakers around the world. If voice interfaces continue to grow, Amazon has the advantage.

“The hardware is the starting point, but Alexa is the thing that keeps you coming back,” Llamas said. “It’s not so much they’re trying to make money off of that hardware, if they are making some it’s probably not much. Instead, you’re going to be reaching for Alexa or Amazon to make that next purchase.”

If an individual product doesn’t resonate with consumers, Amazon quietly ends the product line. But if it takes off, that helps Amazon’s goal of getting Alexa everywhere.

“Not all companies have that luxury,” Llamas said. “It helps to be Amazon with billions, so if a product fails, the lights will still be on tomorrow.”

Amazon’s hardware strategy is somewhat different from Microsoft and Google, both of which own massive computing platforms. While Amazon has released Fire tablets running on a custom version of Android, it’s never owned a gateway platform like the other tech giants.

Facebook

Facebook once wanted to make a phone.

That project failed, leaving the company without control of the hardware and vulnerable to changes from companies like Google and Apple.

So Facebook is looking for the next big platform. It’s investing in smart displays, like Facebook Portal and virtual and augmented reality.

And it’s telling the world about its plans.

“I’ve been saying for a while that augmented and virtual reality is going to be the next major computing platform,” CEO Mark Zuckerberg said on stage at the Oculus Connect 6 conference last month. “You know, there’s only so much you can do with apps without also shaping and improving the underlying platform.”

Facebook is spending real money on this project — it bought Oculus for $2 billion and it paid between $500 million and $1 billion for CTRL Labs, an early-stage company that could be the technical basis for a way to control computer glasses without a keyboard or mouse.

It’s early for Facebook. Portal only has 1% of the smart display market. And while Oculus is one of the leaders in the VR market, with 27% market share according to IDC, it’s still a very small business.

Source: https://www.cnbc.com/2019/10/19/microsoft-amazon-google-and-facebook-have-new-gadgets-for-holidays.html?recirc=taboolainternal

I hope you enjoyed today's article. Have a successful week trading! 

The post Why big tech companies keep pouring money into hardware when Apple still dominates appeared first on Trading Concepts, Inc..

  • HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
  • CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
  • CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
  • FIDELITY HOT SEAT: COLIN SONGER, ACTIVE TRADER STRATEGY DESK 

TRADING BLOCK SEGMENT

  • TENTATIVE BREXIT DEAL BOLSTERING MARKETS TODAY
  • VIX 13.90 - DOWN 1.1PTS FROM LAST SHOW 
  • VVIX: 92.5- DOWN 3.5 FROM LAST SHOW
  • VXX: 21.3 - DOWN 1.2 FROM LAST SHOW - HIT A HIGH OF 26.84 EARLIER THIS WEEK
  • FIDELITY REVIEW?: NFLX, ROKU, IBM, HEPA, CRON

ODD BLOCK

  • MNK PUT LOVE
  • CFG CALL OVERWRITE
  • ZIOP CALL LOVE

MAIL BLOCK

  • QUESTION FROM FIDELITY CUSTOMER: Should you buy a put spread to hedge a portfolio?

AROUND THE BLOCK

WHAT’S ON YOUR RADAR FOR THE REST OF THE WEEK?   

  • Earnings, start eyeing fed decision on the 30th

U.S. markets rebounded on Thursday following another round of mostly positive 3Q earnings and upbeat comments on the China trade deal. Larry Kudlow, Director of the National Economic Council, said US Trade Representative Robert Lighthizer has been speaking to high-level Democrats about a trade deal with China.

Kudlow also added although there are skeptics, there is a lot of momentum on both sides toward finalizing a trade deal with China. The major indexes once again pushed near-term resistance levels with Tech and the small-caps tapping higher highs for the week.

The Russell 2000 showed the most strength after jumping 1.1% and tapping an intraday high of 1,542. Upper resistance at 1,530-1,345 was challenged but held with the close back above the 200-day moving average being a bullish signal.

The Nasdaq rose 0.4% following the 2nd-half push to 8,183. Prior and lower resistance from mid-September at 8,150-8,200 was cleared and held with a move above the latter keeping mid-July barriers at 8,250-8,300 in play.

The S&P 500 added 0.3% after trading to a morning high of 3,008. Major and lower resistance at 3,000 was cleared but held with a close above 3,025 and the record peak at 3,027 being an ongoing bullish development with blue-sky territory towards 3,050-3,075.

The Dow nudged up 0.1% with the opening high reaching 27,112. Fresh and lower resistance at 27,200-27,400 easily held with a close above the latter and the all-time high 27,398 getting 27,600-27,800 in focus.

Healthcare and Real Estate were the strongest sectors after rising 0.7% while Communication Services gained 0.6%. Technology was the only sector laggard, despite the higher Nasdaq close, after giving back 0.2%.

2 World Renowned Mathematicians Discovered an Incredibly Profitable FORMULA in 1930… 

Over The Last 8 Years It Could Have Paid YOU Over $238,956 or 2,389%...
Turning Every $10,000 into $238,956!

To Crack the Secret Code of Wall Street You First Need to Understand This Special Formula

The Formula Strikes Again In A Matter Of Days:
The Question Is… 
‘Will You Be Able to Take Advantage Of It to PROFIT!?

ANALYST UPGRADES/DOWNGRADES

​Boston Beer (SAM) upgraded to Outperform from Market Perform at Cowen
Container Store (TCS) upgraded to Neutral from Sell at Goldman Sachs
Teva (TEVA) upgraded to Buy from Hold at Gabelli

Autoliv (ALV) upgraded to In Line from Underperform at Evercore ISI
Cheesecake Factory (CAKE) downgraded to Market Perform from Outperform at Raymond James
Netflix (NFLX) downgraded to Neutral from Outperform at Macquarie

FRIDAY'S EARNINGS ANNOUNCEMENTS  
Before the open: American Express (AXP), Coca-Cola (KO), Gentex (GNTX), Kansas City Southern (KSU), ManpowerGroup (MAN), Schlumberger (SLB), State Street (STT), Terex (TEX))

After the close: ​None

FRIDAY'S ECONOMIC NEWS
Leading Indicators - 10:00am
Baker-Hughes Rig Count - 1:00pm

METALS / OIL
Gold closed at $1,498.30 an ounce, up $4.30
Silver settled at $17.61 an ounce,  up $0.18
Copper finished at $2.59 pound, unchanged
Crude Oil was at $54.05 a barrel, up $0.78
Bitcoin Investment Trust (GBTC) ended at $8.97 up $0.21


I hope this helps you prepare for the trading day. Make it a great one!


   Todd Mitchell


Not sure the best way to get started?

Follow these 3 simple steps ...

Step #1: Get These FREE Reports & Videos

Options INCOME  Profits   8 Video  Series    Habits that Kill Traders...



Step #2: Enroll in an Advisory or Educational Program
Premium Advisories | Featured  Educational  Programs 



Step #3: Connect with The Community
Trading Concepts Official Facebook Page

The post Near-Term Resistance Levels Continue to Give the Bulls a Headache appeared first on Trading Concepts, Inc..

Charles Schwab is yet again lowering the barrier to enter the world of trading stocks. The online broker will soon let its clients trade fractions of stocks, the founder and chairman told the Wall Street Journal in an interview.

In the coming months, Schwab clients that want to own Apple’s stock, won’t need the entire $234.49 it takes to own an entire share of the highly valued technology giant. It’s a push to attract a younger demographic, Schwab told the WSJ.

“Schwab has been quite focused on younger customers for some time, but we’re sure it’s also been watching the success some of the other free trading platforms have experienced and moving in line on fractional share trading makes sense,” Devin Ryan, managing director at JMP Securities, told CNBC in an email.

Schwab is not the first company to take a stab at offering partial stock trades. Smaller companies like Stockpile, which was founded in 2010, have provided this type of service for 99 cents per trade. However, Schwab, which holds about $3.72 trillion in client assets, is the first major online broker to offer fractional trading. Other companies that offer partial trade are M1 Finance, Betterment and Stash.

2 World Renowned Mathematicians Discovered an Incredibly Profitable FORMULA in 1930… 

Over The Last 8 Years It Could Have Paid YOU Over $238,956 or 2,389%...
Turning Every $10,000 into $238,956!

To Crack the Secret Code of Wall Street You First Need to Understand This Special Formula

The Formula Strikes Again In A Matter Of Days:
The Question Is… 
‘Will You Be Able to Take Advantage Of It to PROFIT!?


Schwab didn’t detail when the launch of the service would occur or if the fractional trades would have fees.

Earlier this month, Schwab dropped all commission fees for U.S. stocks, ETFs and options trades. Brokerage rivals E-Trade and TD Ameritrade subsequently followed, dropping their commission fees as well. Interactive Brokers also slashed its fees.

“The move is complementary with the commission cut as it removes any remaining friction around single stock trading,” said Ryan.

Schwab told CNBC earlier this month that broker’s latest move to zero commissions was a longtime goal to deliver to investors.

Shares of Schwab rose 1.1% on Thursday.

Charles Schwab could not immediately be reached for comment.

Source: https://www.cnbc.com/2019/10/17/the-latest-in-the-brokerage-wars-charles-schwab-will-allow-people-to-buy-fractions-of-stocks.html

Have a fantastic day and I hope today’s article helps.

The post The latest in the brokerage wars: Charles Schwab will allow people to buy fractions of stocks appeared first on Trading Concepts, Inc..

A tentative agreement that would see the U.K. finally leave the European Union after more than three years of acrimonious wrangling gave U.S. stock-index futures a modest pop early Thursday. Wall Street went on to open in positive territory, but struggled to hold on to the advance, with the Dow Jones Industrial Average  eking out a rise of around 24 points, or 0.1%, after flipping between gains and losses while the S&P 500 advanced 0.3%.

European equities rose, while the British pound  built on recent, strong gains, only to give them up as concerns emerged over the path to completing the deal.

Granted, the deal faces a tough hurdle in the U.K. Parliament as early as this weekend, but if a deal does get done, should investors outside of Britain get excited? For some economists, an agreement would certainly be a positive, at least at the margins. Brexit, after all, is woven into the fabric of interrelated global worries over strained trade relations and weakening global growth.

As Mohamed El-Erian, chief economic adviser to Allianz, put it on Twitter, the initial move higher by U.S. stock-index futures is “consistent with the view that investors are looking for policy progress to offset weakening global fundamentals, and growing central bank ineffectiveness” to be offset by progress on trade and fiscal policy.

Mohamed A. El-Erian@elerianm

Move up in US #stocks future on the back of the latest #Brexit headlines is consistent with the view that #investors are looking for
Policy progress to offset weakening global fundamentals, and
Growing central bank ineffectiveness to be offset by progress on #trade and fiscal. https://twitter.com/elerianm/status/1184766911999107072 …

Mohamed A. El-Erian@elerianm

.#UK #currency is up almost 1% on the day, now trading at 1.2942.

Yield on 10-year government #bonds is up 7 bps to 0.77% as #markets re-assess to the positive #UK #growth prospects.

Questions, and the uncertainties associated with them, now shift from design to implementation. https://twitter.com/BBCBreaking/status/1184765781239881729 …​

The unexpected outcome of the June 2016 U.K. Brexit referendum certainly shook up financial markets. Losses of more than 3% for all main U.S. indexes that wiped out year-to-date gains for both the S&P 500 and the Dow on those headlines.

The battle over the terms of Brexit contributed to political chaos in the U.K. and a deterioration in relations between London and Brussels. The Brexit vote was followed in November 2016 by Donald Trump’s victory in the U.S. presidential election, rising trade tensions around the world, political upsets in Europe, and mounting fears of slowing global growth and a potential recession.

While Thursday’s action hasn’t been a scratch on the immediate aftermath of the 2016 Brexit vote, analysts say there are reasons for U.S. investors to take an interest in the hot-button topic, even if they lost track of where Brexit stood months ago.

With various relationships around the world going sour, the fact that the U.K. and Europe are setting aside past tensions in an effort to reach an agreement is a hopeful thing for all investors, Nordea Investment’s senior macro strategist, Sebastian Galy, told MarketWatch.

“It’s the form of a light divorce, in a way. It’s a very civil relationship,” he said.

2 World Renowned Mathematicians Discovered an Incredibly Profitable FORMULA in 1930… 

Over The Last 8 Years It Could Have Paid YOU Over $238,956 or 2,389%...
Turning Every $10,000 into $238,956!

To Crack the Secret Code of Wall Street You First Need to Understand This Special Formula

The Formula Strikes Again In A Matter Of Days:
The Question Is… 
‘Will You Be Able to Take Advantage Of It to PROFIT!?


Another plus is that investors don’t have to worry about U.K.-Europe acrimony adding to global issues already out there. “The problem with the U.K. economy slowing is not helpful for U.S. exports,” he said as investors there don’t really need any economic shocks right now.

“What’s happened is there are so many negative narratives going around and they’ve had a significant impact on producers in the U.S. and on consumer households who are affected by these bad stories…it has had an impact on their psyche,” said Galy.

But others contend that a deal, while offering some relief after three years of worries over the potential for a chaotic, ungoverned Brexit, still poses significant economic and political challenges that investors will find difficult to ignore.

The “real disruption” in terms of redirected capital investment and supply chains, along with increased business costs and the loss of business for the City of London, still lies ahead, Lena Komileva, chief economist at G+ Economics, told MarketWatch.

If a deal is completed, the markets will switch from trading the “political risk” of Brexit to trading that economic and financial disruption.

“At a time when global investors are worried about weaker trade flows, business investment and capital flow disruption, Brexit adds more policy uncertainty, which will take another gear off the global growth engine,” she said.

Source: https://www.marketwatch.com/story/what-a-brexit-deal-would-mean-for-us-stocks-and-global-investors-2019-10-17?mod=mw_latestnews

Have a wonderful day, I hope you found this helpful.

The post What a Brexit deal would mean for U.S. stocks and global investors appeared first on Trading Concepts, Inc..

Roku Inc. (NASDAQ:ROKU) operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live sports, music, news, and others.


The stock fell after Comcast announced it was making its streaming TV box Xfinity Flex free for internet-only consumers. With that free, there were fears Comcast could prevent customers from using Roku streaming devices. But the Comcast-impact won’t be sizable, in our opinion.

Plus, ROKU is one of the most popular streaming TV platform in the U.S. with more than 41 million devices and 36% market share with consumers demand more content. Better, Apple’s streaming video service Apple TV+ will be available for Roku users.  With ROKU, it appears investors overreacted to Comcast’s news. 

Plus, with plenty to get excited about, and bullish analysts, we believe the stock could return to $185, near-term.

This is just one of the opportunities we find quite often inside Extreme Option Profits.

PS. Be sure to come back Tuesday for our next Chart of the Day!

EARN 58% & MORE Per Trade On Average
& Risk 91% LESS Doing It!

Potentially EARN 6,438% More Per Year
By Defying All Of the Regular, Ordinary,
Common, Boundaries & Restrictions On
Trading & Investing (like our model portfolio)…

…With Speed, Convenience, & FREEDOM!

…& Risk As Little As $300 & NEVER Own
    A Single Stock or ETF!


The post Chart of the Day… Roku Inc. (ROKU) appeared first on Trading Concepts, Inc..

Investors rotated money from fast-growing stocks to “clean companies with no real flaws” as major indexes dipped during the session, CNBC’s Jim Cramer said Wednesday.

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all slipped no more than 0.30% on the trading day. The action coincided with a Federal Reserve report that said many businesses have reduced their growth forecasts as the U.S.-China trade war drags on.

“But the bottom line is that today’s winners are immune to the fallout from the trade war. They can create terrific earnings from the consumer, or from health care businesses, that have nothing to do with China,” the “Mad Money” host said. “For this session, that was enough to do the job.”

Cramer cited strong quarterly performances in reports this week from the big banks, including J.P. Morgan Chase, Citigroup and Bank of America. J.P. Morgan, shares surging more than 3% on the Tuesday report, led the fray with record revenue that smashed Wall Street’s estimates. The latter two also turned in top- and bottom-line beats.

Bank of America, whose shares climbed 1.48% off a Wednesday earnings report, posted 7% loan growth in its consumer banking division, a sign that the consumer is in good shape, the host pointed out. The big banks were not as hostage to the trade war as many thought because of their link to the consumer economy, Cramer suggested.

2 World Renowned Mathematicians Discovered an Incredibly Profitable FORMULA in 1930… 

Over The Last 8 Years It Could Have Paid YOU Over $238,956 or 2,389%...
Turning Every $10,000 into $238,956!

To Crack the Secret Code of Wall Street You First Need to Understand This Special Formula

The Formula Strikes Again In A Matter Of Days:
The Question Is… 
‘Will You Be Able to Take Advantage Of It to PROFIT!?

“With their consumer emphasis, the big banks can decouple from the trade wars,” he explained. “Now, I know the Commerce department just released some ugly retail sales numbers this very morning — down 0.3% in September — but these banks tell a different story. They’ve become the ideal names for this Starkist-style market ... [because] they’re not flashy, they’re just tasty.”

Last month, monthly U.S. retail sales declined for the first time since February as consumers cut back spending on building materials, online shopping and cars, according to the Commerce Department. A “more durable slowdown” could hit the economy if consumerism continues to fall, BMO Capital Markets’ Ian Lyngen said in reaction to the September report.

Cramer also recognized positive quarterly results printed by health care and transports companies. Johnson & Johnson rose more than 1.60% in back-to-back days after delivering an earnings beat Tuesday, despite facing legal troubles over talc and opioids. UnitedHealth’s stock surged more than 8% Tuesday after topping profit estimates. United Airlines shares jumped about 2% in Wednesday’s session after the company raised its full-year guidance.

The host juxtaposed the aforementioned winners to the negative pin action in high-growth stocks of Workday, ServiceNow, Adobe and Salesforce. Workday had the biggest losses of them all, plummeting more than 11% in Wednesday’s session.

“Can this rotation last? I don’t think it’s permanent. They never are,” Cramer said, arguing that investors in coming days will move past the bank and health-care stocks to circle back to fast growers as the global economy slows. “Still, the high-flyers that got hammered today will need to report some terrific quarters before this market’s going to forgive them.”

Source: https://www.cnbc.com/2019/10/16/jim-cramer-the-big-banks-have-become-the-ideal-stocks-for-this-market.html

I hope you enjoyed today's article. Make sure to come back tomorrow for another one.

The post The big banks have become the ideal stocks for this market, Jim Cramer says appeared first on Trading Concepts, Inc..

The cost of being collateral damage to the tariff wars launched by the U.S. against the rest of the world is mounting for Europe, as befits the world’s largest trading area.

But headline numbers hide different realities at the national level, illustrating the particular predicaments Europe’s largest economies are facing. They also underline why and how Brexit, whatever its date and shape, will hit all European economies.

Germany’s still massive surpluses once again illustrates the need for rebalancing the economy with a stronger domestic component. The UK’s persistent deficit in the trade of goods explains how crucial its future relationship with the EU will be, if it wants to keep a strong services industry, notably in finance. The Macron touch is yet to be seen on France’s performance on world markets, and Italy’s persistent trade surplus is an indication of its economic potential.

The EU’s exports of goods to the rest of the world fell 3.3% in August compared to a year before, statistics institute Eurostat said on Wednesday. Since imports were only down slightly, the EU’s trade deficit with the rest of the world jumped 53% to €12 billion that month. Since the beginning of the year, Europe’s trade deficit with the rest of the world has more than doubled compared to the same period of 2018, to €23 billion.

2 World Renowned Mathematicians Discovered an Incredibly Profitable FORMULA in 1930… 

Over The Last 8 Years It Could Have Paid YOU Over $238,956 or 2,389%...
Turning Every $10,000 into $238,956!

To Crack the Secret Code of Wall Street You First Need to Understand This Special Formula

The Formula Strikes Again In A Matter Of Days:
The Question Is… 
‘Will You Be Able to Take Advantage Of It to PROFIT!?


German exports were flat in the first eight months of the year - the country’s sales to other EU members were even down, compensated by trade with the rest of the world. That in itself explains why the country’s economy is flirting with recession this year, and why policymakers are under pressure to stimulate the economy through a fiscal boost that would help domestic demand compensate for sagging exports.

Another economy hard hit by the trade uncertainties is Britain, whose traditional deficit in goods jumped 28% in the same January-to-August period, compared to the year before, in spite of the British pound’s (TICKER:GBPUSD) weakness. That was due to flat exports, both to the EU and to the rest of the world.

Those are only numbers for goods, and the UK is a net exporter of services. But the outlook isn’t bright there either: According to the latest IMF forecast, the UK’s current account deficit, already high at 3.5% of GDP, will keep increasing way into 2024.

Source: https://www.marketwatch.com/story/how-brutal-trade-wars-are-hurting-european-economies-2019-10-16?mod=home-page

I hope you found this article helpful.

The post How brutal trade wars are hurting European economies appeared first on Trading Concepts, Inc..

Pages