The Fed surprised the market last night and hiked the discount rate, which adds some uncertainty to the markets even though the Fed said it wasn’t a policy rate change.
Are you bracing yourself for the secular bear market? Learn more about it from Kevin Haggerty, and see why hope and change may not be in your best interests.
Learn Kevin Haggerty’s key price zone trading strategy and how to apply it to your trades for a nice profit cushion.
The state of CA has a GSP (same as GDP) larger than Greece, Spain, and Portugal combined, and it is essentially bankrupt, so the probability is that they all will get bailed out sooner or later. Find out what else is likely to affect the market over the next week.
With the Fed keeping rates steady and Obama giving his State of the Union address in conjunction with Bernanke’s reconfirmation as Federal Reserve Chairman, there is plenty of market news for Kevin Haggerty to cover this week- and the politicians would probably rather he didn’t.
What awaits traders after President Obama’s state of the union speech? Kevin Haggerty expects it to be little more than a game of “3 card Monty.” See how he thinks the market will react following the speech.
How should traders act and react to this season’s earnings announcements? Read Kevin Haggerty’s bi-weekly stock market commentary and learn how to trade like one of the great minds of our day.
It has been a low volume week, should you expect more of the same today in front of the long weekend? Here’s what to expect in the major indexes.
Don’t expect a sugar coating from Kevin Haggerty. This week’s market commentary includes a scathing rebuke of the Obama administration’s economic stimulus plan and the presumption that when measured correctly, the unemployment rate has actually surpassed the 20% mark.
The market is overbought in the short term while investor sentiment surveys are as bullish as they were at the 2007 top. Kevin Haggerty explains why that is.