Phase 1 U.S.-China Trade Deal Signing Today, USMCA By Week's End

Stocks closed mixed yesterday after hitting new all-time intraday highs.

In spite of the mixed finish, all of the major indexes continue to trade near record highs.

Today we'll get the long-awaited signing of Phase 1 of the U.S.-China trade deal.

It's been two long years in the making. And while the term 'trade-war' was a bunch of overblown rhetoric, the tariffs and surrounding uncertainty did weigh on stocks a bit. Now with a reduction of some tariffs and an abrogation of others, a lot of the uncertainty has been removed. And a wave of new growth should follow.

We also heard from the Senate yesterday that they expect to pass the USMCA trade deal this week. While the U.S.-China trade deal is important (they are our third largest trading partner), the USMCA trade deal with Canada and Mexico (our two largest trading partners with the U.S. exporting 5 times as much to those countries than to China), is pretty important as well.

And these two historic trade deals should add to the already historic economy and historic bull market.

See you tomorrow,

Kevin Matras

Executive Vice President, Zacks Investment Research

Sponsor

"Tesla Killer" Stock Set to Skyrocket 1,000 Times Over

My friends complain all the time about charging their Teslas. It takes hours. Imagine their surprise when I told them about a brand-new green technology that charges in less than five minutes! It lasts hundreds of miles longer, is cheaper than batteries and can charge forever. And best of all, the tiny little-known stock behind it trades for only a few bucks.

Click here for the full story.

3 Stocks Set to Pop on New Analyst Coverage

New coverage on a stock usually reflects a reassuring future envisioned by the analyst(s). Read More »

5 Promising Growth Stocks in MedTech to Invest in 2020

Higher R&D expenditure is putting more industry products into a faster approval cycles, thereby leading to more new products being marketed. Read More »

Why Phase One Trade Deal Should Bring Relief to US Chemicals

While much around the trade dispute remains unresolved, the partial trade deal will remove clouds of uncertainties and improve outlook this year. Read More »

These Stocks Will Gain From a Boom is Health Technology

Investing in health tech innovators can be profitable, especially when they offer safer, more-effective and less-costly ways to track and monitor health. Read More »

Renewables to Lead World Energy Usage by 2050: 3 Stocks to Buy

The need for adopting clean energy to avoid environmental hazards arising from carbon emissions has been the primary catalyst driving the rise of renewables. Read More »

Sponsor

Advance Notice of Positive Earnings Surprises

Bull of the Day: Dick's Sporting Goods (DKS)

Limited firearm sales and innovative new house brands have been a big success story for this huge retailer. Read More »

New Zacks Strong Buys for December 15th

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