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.
Plus New Zacks Strong Buys for Tuesday, September 10
Profit from the Pros
Stocks Remain Within Striking Distance Of All-Time Highs
Stocks closed narrowly mixed yesterday. But the major indexes remain just a few percent away from their all-time highs.
It was a relatively slow news day yesterday.
But the market already got a flurry of excitement with last Friday's Employment Situation report. While it wasn't a blowout number, it was another fine showing that underscored the strength of the economy and the historic jobs market.
The month is set to heat up again when the Fed meets next week on the 17th and 18th regarding interest rates. Odds are still at greater than 95% that we'll get a rate cut. And that's bullish for the economy and the market.
Trade optimism continues as well. Lower-level talks will take place this month in preparation for high-level face to face talks in early October. And while few are expecting a full-blown trade deal in October, there's plenty of hope that a lessening of tensions or a 'trade truce' can be achieved.
Of course, the Fed meeting is a week and a half away, and the U.S.-China trade talks are a month away. So don't be surprised if we see a little more volatility in the meantime.
And if we do, I'd be a buyer on the dips.
But I would be equally unsurprised if we instead break out to new highs while we wait. And if so, I'd be a buyer on strength as well.
Because with a strong economy, near record low unemployment, near record high consumer confidence, and historically low interest rates (and likely going even lower), it looks like there's a lot more upside to go.
So make sure you're taking full advantage of it.
See you tomorrow,
Kevin Matras
Executive Vice President, Zacks Investment Research
On the table are interest rate cuts, a resumption of asset purchases, a pledge to keep rates low for longer and compensation for banks suffering from negative rates. Read More »
Our 5 best-performing strategies have blown away the S&P's +15.8% gain from 2017 through 2018. Amazingly, they soared +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
Today you can access their live picks without cost or obligation.
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 June 3, 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:
Stocks closed narrowly mixed yesterday. But the major indexes remain just a few percent away from their all-time highs.
