Tag: economic data
Utilities Sector Is Overvalued
Stocks have enjoyed a nice move to the upside this year as the economy improves, interest rates remain low, corporate earnings are strong, and stock buybacks have expanded. Coming into this week, investors’ risk appetite hadn’t changed much over the last few months. Investors are positioning themselves for an upturn in economic growth. And last […]
Don’t Be Afraid To Be Optimistic
Over the past few weeks, investors have had a lot of information to digest. There’s been the usual economic data. The most troubling was the revision to US GDP that said the US economy actually shrunk at an annualized pace of 2.9% in the first quarter… the biggest drop since 2009. The main reason for […]
The No. 1 Reason You Should Buy Stocks Now
Tired of the same old economic data? It seems like all we hear about in the media is jobs and consumer spending. But they don’t tell the whole story. And to be perfectly honest, they’re wildly erratic and prone to huge revisions. There’s a better solution. It’s an economic indicator the Wall Street Journal calls […]
Earnings Season – What Everyone Should Be Watching This Week!
Today is the start of one of the most important weeks for the market. I know some people are shaking their heads. Why this week? What’s so important about the next five days? Well, there are a few reasons this week is so important. First, we’re six weeks into a rally, and a seventh straight […]
