2019 was an excellent year for global and US stocks. However, despite my expectation for some short-term volatility – I am expecting another solid year for US and global stocks. At the highest level, when stocks have a monster year like 2019 it usually leads to another good year. Here are some more details from CNBC.
More good news for stock investors. Global and US stocks just hit a new 52-week high, adding to a great year. Looking forward I am expecting more gains in the last two weeks of 2019. December is a historically strong month for US stocks and we’ve got a Santa Claus rally in play.
Investors are nervous that a recession could crush their stocks. Today I’m going to reveal a study spanning 70 years from seeitmarket.com that shows recessions aren’t a death sentence for stocks. In fact, recessions actually create an opportunity.
If you hate Donald Trump – I’ve got some bad news. US stocks are signaling that Trump will win re election. Today Im going to explain what I’m seeing and what we should expect moving forward.
Alibaba just set a new world record – $38 billion in sales in 24 hours. Today I am going to share my outlook for Alibaba.
Netflix is down 30% from the 52-week high. Shareholders are nervous. Today I share my outlook for the streaming industry and Netflix.
US stocks are off to a great start to October and the fourth quarter. The S&P 500 is up almost 6% from the low on October 3, logging three winning weeks in a row. The leading index is now up 20% in 2019 and ready to breakout into a new all-time high.
Global stocks held up well in the face of adversity in the third quarter. Despite the threat of a recession and uncertainty over the US, China trade dispute, the S&P 500 (SPY) fell just 1% in the third quarter. The tech heavy NASDAQ (QQQ) also fell -1%. The global stock market Vanguard (VT) fell -2%. Emerging Markets (EEM) lagged, falling -6%.
Licensed investment advisor Michael Vodicka shares a quick weekly market wrap and explains why US stocks have remained strong with so much fear on the Street.