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.
One of my favorite economic indicators is the Small Business Optimism Index compiled from a monthly survey by the National Federation of Independent Business (NFIB).
Since small biz comprises the largest employer in the nation, the commercial mood of these proprietors can foretell much about economic growth.
Issued on the second Tuesday of the month, the SBOI edged 0.1 points higher in January to 105.9, attaining the highest level since December 2004. But the real story is the number from December when the index surged 7.4 points, the largest increase in the survey's history!
What's Inside the Small Business Optimism Index?
Comprised of 10 seasonally-adjusted components, the index is based on questions involving hiring, capital investment, economic expectations, sales expectations, current job openings, expected credit conditions, and even "Is now a good time to expand?"
Bottom line: Small business rules the American economy and the local bosses have spoken. They are ready to invest, hire, expand, and make 2017 a great year.
Best,
Kevin Cook
Senior Stock Strategist, Zacks Investment Research
Why are insiders suddenly buying up company stock shares with their own money?
According to legendary investor Peter Lynch, when major officers sell shares of their own companies they may do so for a variety of reasons. But they buy for only one reason: They expect the stock price to go up.
Zacks distilled a selection of the most compelling insider stock purchases, and is opening them to public view – only until Sunday, February 19.
Getting into one of the top Zacks Ranked Industries will increase your odds of success by 2 to 1. Highlighted stocks include ARLP, CCZ, LUK, PHM and XPO. Read More »
Use the Zacks Mutual Fund Rank, a quantitative ratings system designed to help you find the best funds to beat the market. See which ones to buy, which to sell and track your favorite mutual fund family.
Kevin Cook here for Reity one more day...
