Stocks slide & “flight to safety” pushes Gold to 7-year highs…

Stock Market Update Sunday, February 23rd, 2020 Stocks went on a roller coaster ride during the short trading week. Markets were closed Monday for Presidents’ Day.  Then on Tuesday, stocks opened slightly lower and struggled to find a direction. On Wednesday, stocks jumped and the S&P and NASDAQ made new record highs.

The Most Important Questions To Ask Yourself – Part 3

This is part 3 of our series “The Most Important Questions To Ask Yourself.” In part 1, we used a powerful question to give us clarity on WHAT exactly we want. In part 2, we talked about the most efficient way to get what you want: Use a coach or a mentor. And as promised, […]

“Mystery Crash” sends stocks lower

Stock Market Update Thursday, February 20th, 2020 Stocks slide…but it could have been worse! The major indices opened lower then rallied. And a little more than an hour into the session the major indices were positive. But then out of nowhere stocks tanked.

Coronavirus slowing down? – Stocks move higher

Stock Market Update Wednesday, February 19th, 2020 Stocks opened higher and never looked back! After a strong start this morning the major indices rallied from morning until afternoon.  One of the main reasons behind the rally are reports that the coronavirus seems to be slowing down.

Stocks drop & Gold jumps…should we be worried now?

Stock Market Update Tuesday, February 18th, 2020 With markets closed yesterday for Presidents’ Day, today was the first full trading day of the week. And stocks struggled at the open. After the lower start, the major indices attempted to work their way back towards Friday’s close. But around lunchtime, stocks were trading at session lows.

The Most Important Questions To Ask Yourself – Part 2

This is part 2 of our series “The Most Important Questions To Ask Yourself” In part 1, we used a powerful question to give us clarity on WHAT exactly we want. Now that we know what exactly we want, the next step is HOW can we achieve this in the most efficient way. And that’s […]

Another wild week in the markets

Stock Market Update Sunday, February 16th, 2020 It was another wild week of trading. On Monday, stocks got off to a rocky start. But after a gap lower, stocks rallied and finished the day with gains. The major indices were up big Tuesday morning. But stocks retreated and finished slightly higher.

Down…up…down – stocks lower after a wild ride

Stock Market Update Thursday, February 13th, 2020 Stocks made new records, but couldn’t hold onto today’s afternoon gains. Yesterday, traders were optimistic about news that coronavirus cases might be slowing down. But with China confirming 15,152 new cases and 254 more coronavirus deaths, there was news that cases have actually spiked.

Can ANYTHING stop this rally?

Stock Market Update Wednesday, February 12th, 2020 Stocks finished with new records again today. Fed Chair Jerome Powell wrapped up his 2-day testimony on Capitol Hill without anything really new for the markets. Powell said that the Fed is closely monitoring coronavirus concerns, and said the Fed is there if needed to stimulate the economy. […]

New record highs, but it doesn’t make sense…

Stock Market Update Tuesday, February 11th, 2020 Stocks opened higher and rallied this morning. But after hitting session highs around 10:45am ET, stocks retreated. In the morning, Fed Chair Jerome Powell testified in front of the House Financial Services committee. Powell said that the Fed is “closely monitoring” the coronavirus and how it might impact […]

Stocks climb to new records even with coronavirus spreading…

Stock Market Update Monday, February 10th, 2020 The coronavirus continues to spread…just not to the markets. The major indices opened the day lower after China’s health ministry reported 40,171 confirmed cases and a death total of 910 that surpasses the total death toll from the 2003 SARS outbreak.  But after the lower open stocks moved […]

What a week! – Here’s what traders are focusing on right now…

Stock Market Update Sunday, February 9th, 2020 What a week! Stocks were up nicely Monday, rallying after a strong open.  Then on Tuesday, the S&P gapped higher and rallied again. And by the close, the S&P had erased the previous week’s losses.

The Most Important Questions To Ask Yourself – Part 1

Before we talk about the most important questions to ask yourself, let me ask you this: Have you ever felt that you’re not making any progress? Does it sometimes feel that not much has changed over the past few years? Do you wish for things to “get better”, but somehow they don’t? That’s how I felt […]

China follows through on Phase 1 – and stocks make record highs

Stock Market Update Thursday, February 6th, 2020 Stocks were up today after news from China. But this time it wasn’t coronavirus news. The news moving the markets? China announcing that they are cutting tariffs in half on $75 billion in U.S. goods.

Trump, Tesla, and Coronavirus cure? – Dow up 483 points

Stock Market Update Wednesday, February 5th, 2020 Stocks had another big day today after unconfirmed reports of a breakthrough in the treatment of the coronavirus. After a strong open, stocks rallied in the morning. Today’s ISM Non-Manufacturing PMI data at 10:00am ET was better than expected (55.5 reading vs a 55.1 forecast), sending stocks to […]

Stocks rally and Tesla (TSLA) skyrockets

Stock Market Update Tuesday, February 4th, 2020 Stocks were up big for the 2nd day in a row, with traders shaking off coronavirus fears once again. The major indices were up at the open after reports that China’s Central Bank has taken steps to help support the economy while the country deals with containing the […]

A Guide To Setting Up Your Trading Goals Today

A Guide To Setting Up Your Trading Goals Today: Did you know that we just wrapped up a first in the U.S. Economies’ history? When the ball dropped and we rolled into 2020, it capped off the first decade in U.S. history that didn’t have a recession in it. Take a minute to let that […]

Wild ride for stocks: coronavirus fears and analyst upgrades

Stock Market Update Monday, February 3rd, 2020 Stocks kicked off the week with a wild day of trading. Coronavirus remains a concern for traders, with the death toll rising to 361 over the weekend. This makes the coronavirus more deadly than the SARS outbreak in 2002-2003. There was also news of the first coronavirus death […]

DOW down 734 last week

Stock Market Update Sunday, February, 2020 Stocks were all over the place last week. And although it was a Fed week and there were plenty of earnings to digest, last week’s moves were really all about the coronavirus. On Monday, stocks were down big after coronavirus developments over the weekend. With China restricting travel in […]