Stocks Up Sharply For The Week, Expect More To Come

Stocks closed mixed on Friday, but up sharply for the week as both the Dow and the S&P made new all-time highs.

Tariffs were on everybody's mind last week (and probably will be again this week), as the U.S. and China both levied new tariffs on each other. But the markets shrugged it all off and powered higher anyway.

As I mentioned before, this is largely because analysts are not expecting the tariffs to have much of an impact on our earnings or GDP. And also because the back and forth with tariffs isn't the end game -- it's a tool each party is using as leverage to advance trade talks that will ultimately result in a fairer deal for all. That's the end game and it's full of positives. (But for the record, the recently announced tariffs on China will go into effect today.)

Our economy and the market has been on fire.

It truly is amazing. And it looks like there's a lot more to go. Especially when you consider that the impact of the tax cuts has only just begun to be felt.

And while they've already resulted in increased capital spending, increased hiring, and increased earnings, which in turn has resulted in record corporate profits and record highs in stocks, these gains are not due to short-term stimulus programs, but instead a transformational shift in how companies do business in America.

The U.S. has suddenly become one of the most business friendly countries in the world, and it will usher in decades of new prosperity.

These are exciting times.

And this is definitely history in the making.

Make sure you're taking full advantage of it!

See you tomorrow,

Kevin Matras

Executive Vice President, Zacks Investment Research

Sponsor

Pot Expert reveals why this tiny $3 Canadian pot stock is poised to soar

I’ve just released a very urgent presentation. It reveals why this tiny $3 Canadian pot stock is my #1 opportunity for HUGE pot profits.

If you’re kicking yourself for missing historic, once-in-a-lifetime American pot stock gains like 16,700%... 17,054%... even 127,900%...

This could be your chance to “turn back the clock on American pot stocks.”

Go here to see my urgent presentation now.

Recent Analyst Upgrades Make These 5 Stocks Attractive

Broker opinion is highly sought after as it is often a clearer insight into the nitty gritty of the investment world. Read More »

Consumers Comfort Rises as Economy Gains Steam: 5 Winners

Americans are increasingly comfortable about their well-being as the nine-year economic expansion continues strong. Read More »

Big Tech Reshuffle & A New FANG ETF

Many high flying technology and media stocks are changing sectors, here is what investors need to know. Read More »

Defense Stock Roundup

A consistent flow of funds from the Pentagon has kept defense stocks buoyant over the last five trading sessions. Read More »

Amazon Roundup

Amazon may be rapidly gaining digital advertising market share, but it also has a comprehensive physical store expansion up its sleeve. Read More »

Sponsor

Big Stock Move Today

This morning, Zacks' emotion-free "Black Box" strategy will release its next batch of stocks and trigger a wave of buying among a select group of investors.

Last year, this secret formulation of stock traits produced flurries of quick winners, beating the very bullish S&P 500 by 73%. Today you can be first in line for the picks.

See the Latest Computer-Generated Stocks Now >>

Bull of the Day: Titan Machinery (TITN)

This stock recently crushed earnings and with rising estimates, the future looks bright. Read More »

New Zacks Strong Buys for September 24th

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. Read More »

Terms | Privacy | Unsubscribe