Back to top

View the PFP Archive

Plus New Zacks Strong Buys for Tuesday, November 19

Profit from the Pros

Stocks Hit New All-Time Highs Yet Again

Stocks closed modestly higher yesterday, with all of the major indexes inching their way to new all-time highs yet again.

Stocks were under pressure in the morning after it was reported that China was concerned that President Trump hasn't fully conceded to rolling back all of the tariffs ahead of the expected phase 1 trade agreement. None of this sounded like new news (of course China wants all of the tariffs taken off). And the market quickly shrugged it off.

It is expected that both sides will make some concessions on tariffs. Some have already been announced. We'll have to see what else is offered up as we get closer to a deal.

But it is widely believed that each country is looking forward to a deal as both countries will benefit.

And from an investment standpoint, while a partial agreement is far from ideal, a lessening of trade tensions is enough to send the market soaring even higher.

The markets also cheered a meeting between President Trump, Treasury Secretary Steven Mnuchin, and Fed Chair Jerome Powell yesterday morning. Nobody expects monetary policy to have been affected. But it was nice to see the meeting being characterized as "good & cordial", after so much public acrimony and contention.

Stocks continue to rally on our strong economy, historic unemployment, near record consumer confidence, low interest rates, and impressive corporate profits.

We are witnessing history in the making. And that's why the market is setting record after record.

And the best part is that it looks like there's a lot more upside to go.

See you tomorrow,

Kevin Matras

Executive Vice President, Zacks Investment Research


Top 10 Stocks to Buy Now (#2 will shock you)

He found Apple at $4... Oracle at $6... Amazon at $40...
He just released his most anticipated report of the year:
The Top 10 Stocks to Buy For The Rest of 2019.

Claim your free copy now.

Most Popular Articles from

Dow Tops 28,000: 7 Hot Stocks Behind the Rally

We have selected seven stocks that have easily led the way higher, crushing the benchmark's return. Read More »

U.S. Retail Sales Bounce Back in October: Winners & Losers

Gains across categories including auto dealers, gas stations and Internet stores helped overshadow declines. Read More »

Healthcare Stocks in Focus on Price Transparency Rule

Stocks of hospital and insurers players rose on doubts related to how the new rules will be enforced. Read More »

Mid Caps Rally in 2019: 5 Picks That Still Have Momentum

These stocks combine attractive attributes of both small and large-cap stocks. Read More »

Near-Term Bright Prospects for Alternative Energy Stocks

Rapidly expanding corporate investments in renewables would allow stocks in the U.S. alternative energy space to continue generating impressive shareholder returns. Read More »


Why Haven't You Looked at Zacks' Top Stocks?

Our 5 best-performing strategies have blown away the S&P's +39.6% gain from 2017 through Q3 2019. Amazingly, they soared +51.8%, +57.5%, +96.9%, +119.0% and even +158.9%.

Today you can access their live picks without cost or obligation.

See Stocks Free >>

Bull of the Day: Amedisys (AMED)

This home healthcare stock has generated big growth in 2019. Read More »

New Zacks Strong Buys for November 19th

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

Customize Your Profit from the Pros Delivery

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

Download our Zacks App for Apple iOS
Download our Zacks App for Android

Visit Success Stories to hear how Zacks research, tools and portfolios help our members outperform the market.