The global “reopening” trade continues as economies surge on improving consumer demand.Let’s just hope the delta variant doesn’t shut things down in the fall again.We’re going to look at some current data on everyone’s favorite debate: inflation. And then talk about...
President Joe Biden has made it clear that we desperately need to update our infrastructure system. Believe it or not, but about half of all bridges in America are over 40 years old! That tells me there are major structural deficiencies that must be repaired. So...
The performance of the top 400 S&P stocks, which is a good gauge for the broader market, shows choppiness and sideways trading. In the short term, the market is getting a false sense of security, creating vulnerabilities. In the long term, stocks are overbought....
Electric vehicles have been one of the stock market’s hottest trends pretty much since the Tesla Roadster hit the market in 2008.Four years later, the company went public, officially making Elon Musk a billionaire and opening a floodgate of imitators all doing their...
In Thursday’s Blitz Daily with Lance Ippolito, we’ll take a look at semiconductor company AMD after it saw consecutive days of strong institutional order flow on the strength of its earnings report.Well guess who’s back? We mentioned AMD in Wednesday's Blitz Daily...
Well, after bragging to my readers about how right I’ve been so far, I was wrong… sort of.Thursday’s disappointing U.S. second-quarter GDP report was filled with mixed economic messages, and the future path of the economy is a little more uncertain than it was the day...
It’s safe to say most of us thought COVID-19 and all that comes with it was about to become a distant memory. However, its delta variant is telling us something different — I mean... just our luck! The Center for Disease Control and Prevention just said fully...
Don’t be fooled by this market. It may look bullish, but only 125 out of all stocks are making 90-day highs. The market is vulnerable and we could still see rising interest rates alongside COVID-19 cases. So I’ve picked out two bearish gap trades — and more in...
Today’s watchlist comes after reviewing all the recent news in the global stock market. In fact, this trade idea came to me after I discussed it with Wealthpress Senior Strategist Roger Scott Wednesday during our Roundtable video — check it out here.And I think I...
Raise your hand if you thought things were actually going to change in light of the July Federal Open Market Committee inflation meeting? Just so you know, I kept my hand down. Hopefully, you did too.At 2 o’clock, the Fed released its statement regarding inflation and...