The month of January hasn’t been the best for stocks, to say the least…
The S&P 500 experienced its worst month since COVID-19 took the world by storm in 2020. I mean, it’s down more than 8% from its intraday high earlier this month, and down 7% for January.
The major indices moved mostly higher on the last trading day of January — and more in Monday’s stock market recap.
The bond market has stopped falling, indicating that the worst should be behind us. Remember, when bonds go up, interest rates go down. So if the bond market starts rising again, that means interest rates should stay low, which is good for the markets.
Friday was also one of the best days on Wall Street so far this year. The Dow and the S&P 500 rose 1.7% and 2.4%, respectively, while the Nasdaq rallied 3.1%.
We also had better-than-expected earnings reports from Apple and Microsoft last week.
And this week, we’ll see earnings from industry titans Alphabet, General Motors, Amazon and Ford.
In this stock market recap video, you'll discover the current resistance levels for the major indices… current support levels for major ETFs… full analysis on market volatility… whether the bulls will regain strength… plus the strongest sector to trade right now.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
After Major Selling on Strong Earnings, Here’s What to Expect Next
January 30, 2022
Despite well-known headwinds like cost pressures and logistical bottlenecks above average proportions, companies have still been able to beat earnings estimates.
1 Meaty Food Stock Set to Benefit From Biden’s $1B Plan
January 27, 2022
The Biden administration has officially started targeting a small group of meat packers for hitting consumers already facing inflation hard with higher beef, pork and poultry prices.
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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