Back to top

View the PFP Archive

Profit from the Pros

Stocks On Pace To Close Up For The Week

Stocks closed mixed yesterday as the market awaits more news on the U.S.-China tariff truce.

There's been plenty of great news this week regarding China. They agreed to increase foreign access to their markets, they will be reducing tariffs on U.S automobiles, and they have made a sizable purchase of U.S. soybeans as promised in the truce.

But, of course, the market wants more. The idea being the more movement they see from China now, the greater the likelihood that there will be a deal come Feb 28th.

In other news, yesterday's Weekly Jobless Claims came in better than expected, dropping -27,000 to 206,000 vs. views for 233,000. Analysts noted this was the best showing since the historic lows were made in mid-September.

Today we'll get a look at Retail Sales, Industrial Production, and Business Inventories.

And if all goes well, the markets are on pace to close up for the week.

Best,

Kevin Matras

Executive Vice President, Zacks Investment Research

Sponsor

Deadline at Hand: Get Finding #1 Stocks Free

Finding #1 Stocks Report
According to Zacks EVP Kevin Matras, the S&P will double in the next 5 years - and the next few months will be one of the strongest periods of this entire bull market.

Today, Kevin is making his hardcover book, Finding #1 Stocks available to you for free. In it, he shares his best stock-picking secrets, including the exact formulas for strategies that recently produced gains of +111.0%, +122.0%, +137.9%, and +139.6%.

Opportunity ends when inventory is depleted and no later than midnight Sunday, December 16.

Learn more now >>

Most Popular Articles from Zacks.com

4 Technology Stocks That Gained More Than 100% in 2018

Due to the volatility, a few tech stocks have performed well to-date. Here we present four such stocks that have gained more than 100% this year. Read More »

6 Stocks to Gain From a US-China Trade Deal

This week's developments indicate that a U.S.-China trade deal is increasingly likely over the next few months. Read More »

Top Tips for Finding the Best Turnaround Stocks in 2019

When should you take a chance on a company that is heading down a new path? Read More »

5 Battered Stocks That Could Be Big Winners in 2019

The story of 2019 is in the making, the trade war truce, an anticipated pick-up in the economy and better job prospects are likely to turn things around. Read More »

Visa & Mastercard: Strong Growth and Dividend Hike Opportunities?

Visa and Mastercard are evolving into exciting, modern fintech companies. But do the stocks have strong growth and income characteristics? Read More »

Sponsor

Increase Investment Returns with Free Zacks' Portfolio Tracker

Follow your investments easily in one place. Get free email updates that alert you to major events affecting your stocks and funds, including timely recommendation changes, earnings announcements and, most importantly, earnings estimate revisions.

Click to Learn More>>

Bull of the Day: Azure Power Global (AZRE)

This Indian-based power provider is bringing clean energy to previously underserved communities and businesses. Read More »

New Zacks Strong Buys for December 14th

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

Customize Your Profit from the Pros Delivery
Connect with Us:
Facebook
Twitter
StockTwits
Contact Info:

Phone: 1.800.767.3771 ext. 9339
Email: support@zacks.com

 
Get it on Google Play Get it on Google Play