by Ian Harvey
September 29, 2019
The Past Week…..
Stock market expectations were certainly thrown aside last week; with plenty of volatility experienced, basically, due mainly to several factors…..
The Dow finished the week on a gloomy note, and the S&P 500 and Nasdaq joined the Dow in the red, and all three benchmarks logged their second straight weekly losses. As global trade concerns rear their ugly head again, Wall Street's "fear gauge," the VIX, logged its highest close in over three weeks.
The S&P 500 down 1%, finishing at 2,961. The Dow gave back 0.4% to close at 26,820.25. And the Nasdaq recorded a 2.2% weekly loss to finish at 7,939.63.
Earnings Predictions For Last Week….
This past week was a much better week for “Earnings Predictions” members scoring four out of six profitable trades.
following the strategy outlined in the article “Trading Capital Management” –
where, to achieve maximum profit, and to minimize loss, it is contingent for
the trader to use an equal amount of money for each trade – members were able
to make a total potential profit of 381% despite two losses.
EARNINGS PREDICTIONS RESULTS FOR WEEK BEGINNING SEPTEMBER 09
|DATE||TRADE||EXITING BEFORE EARNINGS||GAIN/LOSS AFTER EARNINGS|
|September 24, 2019||KMX OCT 18 2019 87.500 CALL||61% P.P||65% P.P|
|September 24, 2019||BB OCT 18 2019 7.500 CALL||9% P.P||-98%|
|September 24, 2019||NKE OCT 18 2019 90.000 CALL||63% P.P.||208% P.P.|
|September 26, 2019||ACN OCT 18 2019 190.000 PUT||36% P.P.||31% P.P.|
|September 26, 2019||RAD OCT 18 2019 7.000 CALL||47% P.P.||245% P.P.|
|September 26, 2019||MU OCT 18 2019 50.000 CALL||18% P.P.||-70%|
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Stock Market Expectations for the Week Ahead…..
It appears that the stock market expectations for the week ahead will be much of the “same-old-same-old” with plenty of volatility due to several existing challenges.....
Washington has said it wants to impose tariffs of up to 100% on European exports to the U.S. with an annual trade value of around $11.2 billion a year.
As well, the EU has its own separate case before the WTO, in which it argues that the U.S. plane maker Boeing receives unfair financial assistance from the U.S. federal government. That ruling from arbitrators in Switzerland is estimated to be about nine months away.
However, despite the negatives, stock market expectations point to new highs in the near future due to geopolitical developments, such as some sort of deal with China.
Obviously, more volatility is expected because of the efforts by House Democrats to impeach Trump. The investigation into the president has to do with his withholding of aid to Ukraine and whether it was tied to a request to get dirt on front running Democratic presidential candidate former Vice President Joe Biden and his son Hunter.
Stock Market Calendar for the Week Ahead
Stock Market Expectations for Earnings
Besides some of those companies mentioned above, which will be part of our stock market expectations considerations for members of “Earnings Predictions;” there are several that will be recommended to other members of - “Armchair Traders,” “Cut-to-the-Chase” and “Mentorship” - such as mentioned below…..
Action to Take Based on the Stock Market Expectations…..
Stock market expectations going forward will likely see favouritism for cyclical names, such as financials and energy.
Long-term yields will probably move higher, and you could see some form of switching out of bond exposure and into stock exposure.
Strategists said the impeachment efforts against Trump may ultimately not have a negative impact on stocks. Even if he is impeached by the House, the Senate would be expected to acquit him.For the year to date, the S&P 500 is up 18.1%, but in the third quarter, so far, it added just
So for Stock Options Made Easy, and its members, we tend to play our own game, not to be “sheep-to-the-slaughter”, and continue to profit!”
To get more overall investment insights,
earnings predictions for the week ahead, and profitable trades provided to
members in real time, join us at Stock Options Made Easy today!