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.
Stocks Up Two Weeks In a Row, Eyes On Fed This Week
The markets closed slightly lower on Friday, but finished up for the week for the second week in a row.
Stocks shrugged off escalating tensions with Iran. And so did oil, which actually closed down for the week.
Traders will be watching for any new developments. But so far, the markets have taken it all in stride.
The upcoming G20 summit will also come into sharper focus as we get closer to its date. Not only will the market be watching to see if President Trump and President XI actually meet afterwards (while a meeting has been unofficially announced, it's not been officially confirmed), but then if the talks lead to continued negotiations or perhaps even a deal.
In the meantime, traders will be scrutinizing every word the Fed says this week (Wednesday afternoon), with their FOMC Meeting Announcement, FOMC Forecasts, and Jerome Powell's Fed Chair Press Conference.
Nobody is expecting an actual rate cut at this week's meeting. But everybody will be listening for any change in tone, verbiage, or time frame for when a rate cut could be coming. (The market is pricing in a 97% certainty that at least one rate cut is coming this year, with others speculating that we could see as many as two or three.)
The momentum remains up for the market.
And the strength in our economy and jobs market is underscoring even better things to come.
See you tomorrow,
Kevin Matras
Executive Vice President, Zacks Investment Research
This select bunch of stocks are easily leading the way higher this month and will continue to outperform given their superior fundamentals. Read More »
Before you make a trade, get today's market news from Zacks' latest Ahead of Wall Street article. With timely information from Zacks' analysts, each daily article features a preview of where the market is headed. Plus, Zacks #1s on the move, stock research reports, earnings and economic news, and a top-headline analyst blog. All of it in one easy-to-follow place to give you the edge.
Download our app for convenient on-the-go access to even more—daily and weekly newsletters published by Zacks experts, proprietary research and tools, and Portfolio Tracker on Zacks.com.
Visit Success Stories to hear how Zacks research, tools and portfolios help our members outperform the market.
Get all of our market insights and much more when you connect with us.
This free resource is being sent by Zacks.com. 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 is not a licensed securities dealer, broker or US investment adviser or investment bank. The Zacks #1 Rank Performance covers the period beginning on January 1, 1988 through January 7, 2019. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank #1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed above.
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 10 S. Riverside Plaza, Suite 1600 Chicago, IL 60606
Due to inactivity, you will be signed out in approximately: