We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The hurdle on Wednesday was the Fed's April announcement and the risk of an earlier than expected rate hike. The removal of a couple phrases about global risks means they are more likely to raise rates in the future. Or at least that was the immediate interpretation.
Oddly both short term and long term bond rates went lower after the initial spike. This improved the case for stocks which logged modest gains. The outlier was the dollar strengthening, which typically doesn't happen when rates go lower.
Often the initial reaction to Fed news is not the same as the lasting reaction by investors. What happens the following session will be much more telling.
Right now this is a market that refuses to go down. And there is a growing feeling that making new highs is inevitable. However, Kevin Cook points out that there are serious fault lines on the horizon that could shake the market from its lofty perch. Thus, now is an important time to read his latest commentary.
Others pay thousands of dollars to see such privileged, sensitive information. But starting now, you can receive a hand selection of the Best of Our Best, just 2-3 buy recommendations each week at a tiny fraction of their worth.
Access to these exclusive trades costs less than any other Zacks' service. No wonder it's by far our most popular.
Among major U.S. benchmarks, the Russell 2000, which tracks the performance of small-cap stocks, clearly emerged as the top performer in last one month.
This key insight has reshaped stock investing forever. It led to gains averaging an incredible +26% per year since 1988—nearly tripling the S&P 500 even through recessions, corrections and downturns. Now it can change your investing life and point you to the best stocks with the greatest profit potential.