Back to top

View the PFP Archive

ZACKS
When Bad News is Good News

I'm sure there are a few of you out there wondering how a soft employment report translates into yet another new high for stocks. Here is the math equation.

Soft labor market = No QE taper coming anytime soon

Plus the 148K job adds was not truly terrible. It's just another muddle through growth reading which does not spell a future recession. Just more 1.5-2% GDP growth which has been good enough to keep this stock party going. And that became all the easier with the 10 year Treasury rate back down to 2.5% making stocks all the more attractive.

I still think that we have rallied to the point that a consolidation period will now commence. This coming rest period will pave the way for the next leg of the bull market. Make sure you are on the bandwagon to fully profit from the gains ahead.

Featured Commentaries:

•  Your Next Stock Should Be Making New Highs

•  Inside Biotech ETFs: Can the Run Continue?

•  Oil & Gas Stock Roundup

•  3 Stocks With Magic PEG Ratios

Best,

Steve Reitmeister (aka Reity...pronounced "Righty")

Executive Vice President

Zacks Investment Research

Follow Us:  

Please login to Zacks.com or register to post a comment.

Sponsor

New Report: Dump These 5 Stocks Now
Insider Selling at All Time Highs: The Top Insider Trades

Lurking in your portfolio could be one--or more!--of the five most commonly held stocks set to collapse as insiders are dumping their own shares at a record pace. And chances are you've got at least one of them in your portfolio right now. You must sell them immediately to avoid the coming losses.

A new report reveals the names of the 5 stocks you need to dump now--the ones the insiders are selling. Don't wait until it's too late.

Click here for your free copy of this urgent report.

Bull & Bear of the Day

Zacks Rank #1

ViroPharma (VPHM)

Taking care of the orphans moves this biotech's drugs to the front of the FDA line.

 

Zacks Rank #5

Quest Diagnostics (DGX)

If it's earnings momentum you seek, the holy grail will not be found here.


Stock Picking Strategies

Airline Stocks About to Take Off  ››

Can Hiring Master the Headwinds?  ››

Roundtable Top Picks for the Week of Oct. 21st  ››


Funds Commentary

Zacks #1 Ranked Energy Mutual Funds  ››

No Respite for Gold ETF Bear Run  ››

WisdomTree Launches Germany Hedged Equity ETF  ››


Options Strategies

Big Moves from Ratio Back Call Spreads  ››


Video Reports

Late Jobs Reports

Will Volatility Find Its Way Into Stocks?

QE Party Still On

Zacks strategists explain how QE is still driving this market rally.

Weak Start to Q3 Earnings Season

The Q3 earnings reports are turning out to be weaker relative to Q2 and the lowered expectations.

Earnings HQ

Today's Noteworthy Earnings Before the Bell:   ››  CATECACUBCKSW

Today's Noteworthy Earnings After the Bell:   ››  AVBPLCMCVBFNVEC

Get the First Calendar Made for Traders.

Visit the Zacks Earnings Calendar

Recent Earnings Winners

Company Symbol Reported Surprise %Price Chg
WHIRLPOOL CORP WHR Oct 22 +2.72% +11.62%
TAL EDUCATION GROUP XRS Oct 22 +0.29% +10.36%
SIERRA VISTA BANK CA SVBA Oct 21 +0.06% +9.20%
NUSKIN ENTERPRISES INC NUS Oct 22 +1.80% +8.40%
GENTEX CP GNTX Oct 22 +0.38% +7.68%

See All »

Best Earnings ESP Stocks  

Company Symbol Consensus
Est.
Most
Accurate Est.
Reports Zacks Rank ESP
GENTEX CORP GNTX 0.35 0.38 Oct 22 1 +8.57
MELCO CROWN ENT MPEL 0.31 0.33 Nov 6 1 +6.45
GULFMARK OFFSHR GLF 0.97 1.00 Oct 23 1 +3.09
KEMPER CORP KMPR 0.44 0.49 Oct 31 1 +11.36
TIM PARTICP-ADR TSU 0.36 0.42 Oct 29 1 +16.67
Don't trade these stocks until you have read the Zacks ESP Guide

Sponsor

3 Ways to Make Money from Market Volatility

Today, Zacks members are invited to download a revealing Kevin Matras Special Report for FREE. Our Zacks research expert strips away the mystery from three powerful, often misunderstood strategies that have been steady, conservative money makers in up-and-down markets like we're seeing now.

You probably never even heard of two of them. Don't miss Kevin's step-by-step explanation of how he personally made +98.7% in less than five months.

Get the report free >>


Manage Your Newsletter Subscriptions

Update Preferences         Update Your Profile         Unsubscribe All         Feedback         Send to a Friend
 

This free resource is being sent by Zacks.com to our subscribers. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable.

All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, brokerage, market making or asset management activities of any securities. Visit www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks Emails

If you would prefer to not receive future profit-producing emails from Zacks.com the primary purpose of which is the commercial advertisement or promotion of a commercial product or service, then please click here and confirm your request. If you have trouble with the unsubscribe link, please email support@zacks.com.

Zacks Investment Research, Inc.
111 N. Canal St., Suite 1101
Chicago, Illinois 60606