What to Watch for This Week Last week, the market digested the two key inflation reports quite well as they were mixed. The CPI report came in hotter than expected while the PPI report came in cooler than expected. In this shortened trading week, the theme will be...
What to Watch for This Week In the past few months, inflation has continued to trend downward, U.S economic data has remained resilient, and there have been no major spikes in unemployment or jobless claims. These are all indications that the runway for the...
The U.S. Homebuilder stocks have benefited greatly over the past few months as mortgage rates have begun to ease. With lower mortgage rates coupled with still strong demand for housing in the U.S. this is a favorable environment for the homebuilders. If these...
What to Watch for This Week Investors believe they now see the path ahead much more clearly after last week’s cooler than expected CPI report. This report gave the markets confidence that the Fed has won the battle against inflation and will not pursue further hikes....
What to Watch for This Week Now that the FOMC has opted to maintain the Fed Funds rate at current levels for consecutive meetings, this seems to indicate that they are confident they have raised the policy rate enough to combat inflation. This week we are expected to...
What to Watch for This Week Last week’s explosive rally across the three major indices, was primarily spurred bya significant decline in U.S. treasury yields. This provided some much-needed relief for beaten down stocks. Should the pressure from high treasury yields...
As a valued reader of Chuck Hughes’ Trade of The Day, you have qualified for complimentary access to the Weekly Profit Opportunity, in this new alert, we will spotlight a specific trading opportunity that we feel has great potential. As a key part of Chuck’s...
What to Watch for This Week Key Job’s Market Data Queued Up On Wednesday, two important U.S. job market reports will be made available. In the morning, both the latest ADP employment & U.S. Job Openings reports will be revealed. The labor market has remained quite...
As a valued reader of Chuck Hughes’ Trade of The Day, you have qualified for complimentary access to the Weekly Profit Opportunity, in this new alert, we will spotlight a specific trading opportunity that we feel has great potential. As a key part of Chuck’s...
What to Watch for This Week Major Macroeconomic Numbers On Thursday we will get the first of two major macroeconomic reports due this week that have caught our attention. First up is the Bureau of Economic Analysis delivering the U.S. Q3 GDP report. Following this, on...