Today's Video Update: Stocks Subdued After Record Week

Hello traders everywhere! Jeremy Lutz here, with your mid-day market update for Monday, the 6th of May.

Stocks are little changed after record week
The stock market cleared new milestones Friday after the government reported that employers added more workers. However, that hasn't translated into a strong Monday open as investors turned more cautious, focusing once again on the problems facing the global economy. Though growth in the U.S. is holding up well, it is slowing in China. The 17 country Eurozone remains in recession and unemployment there has been hitting a series of record highs.

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On Investor's Minds:
United States - homegrown terrorists
North Korea - an agent for China?
Europe - ITALY has a government. YEAH!
The FED - OMG do they know what they are doing?
May 19th – Debt ceiling suspension expire

Every Success,
Jeremy Lutz

Today's Video Update: Jobs Report Sends Market To All-Time Highs

Hello traders everywhere! Jeremy Lutz here,  with your mid-day market update for Friday, the 3rd of May.

U.S. Employers Add 165K Jobs
U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5 percent.

The Labor Department report is seen as a reassuring sign that the U.S. job market is improving despite higher taxes and government spending cuts that took effect this year.

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The government revised up its estimate of job gains in February and March by a combined 114,000. It now says employers added 332,000 jobs in February and 138,000 in March. The economy has created an average of 208,000 jobs a month from November through April  above the 138,000 added in the previous six months. Continue reading "Today's Video Update: Jobs Report Sends Market To All-Time Highs"

Today's Video Update: What's Going To Kill This Bull Market?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 1st of May.

Fed Reports at 2pm ET
Today at 2pm, the Fed will announce its intentions with its bond buying program. I am expecting the Fed's decision will remain pretty much unchanged.

What's Going To Kill This Bull Market?
I would not expect to see any groundbreaking news coming out of today's Fed announcement. However, the Fed is going to be the one that kills this improbable bull market. It would appear that most people are still not sure the economy is good and corporate America is certainly on that same band wagon. Corporate America has cut expenses to the bone and we don't believe they're going to have any more room to cut costs. Any future growth is going to have to come through growing profits, which is at the moment, a difficult proposition. Thank goodness for technical analysis and our Trade Triangle technology, which has captured most of the move in the indices and major stocks. Continue reading "Today's Video Update: What's Going To Kill This Bull Market?"

Today's Video Update: GDP Misses, But The Fed Will Buy Us Out Of Slow Growth Right?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 26th of April.

GDP Slows
Gross Domestic Product (GDP) expanded at a tepid 2.5 percent annual rate, the Commerce Department reported on Friday, after growth nearly stalled at 0.4 percent in the fourth quarter. The dismal increase missed economists' expectations for a 3.0 percent growth pace. I guess a trillion dollars a year in stimulus spending doesn't get you very much anymore. Not to worry, as the Fed is supporting stock prices and that's all that seems to matter to this administration. Continue reading "Today's Video Update: GDP Misses, But The Fed Will Buy Us Out Of Slow Growth Right?"

Today's Video Update: Can We Trust This Market?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 24th of April.

Can We Trust This Market?
A number of years ago when Ben Bernanke took over the chairmanship of the Fed, little did anybody predict that he would be single-handedly supporting the entire stock market. I asked several colleagues of mine over the past few days, "what would happen should the quantitative easing that Ben put in place stop?" They all gave me the same answer, "the market would crash." That is not a particularly compelling reason to own stocks, in my opinion, if stocks are been artificially held up. I have said this before, the trend is your friend, and as far as the DOW is concerned, the trend remains positive.

What Now Apple?
Yesterday, Apple (NASDAQ:AAPL) announced their earnings and while there was some good news, there was also some bad news. The bad news is that their profit margins continue to shrink and that coupled with no new innovation coming out of Apple anytime soon, does not spell out a particularly rosy scenario for this stock. Continue reading "Today's Video Update: Can We Trust This Market?"