Connect with us

archive

Making the Most of the Recent Sell-off with PowerTrend Profits

If you had never looked at a chart of any of the major stock market indices — the Dow Jones Industrial Average, the S&P 500 or even the Nasdaq Composite Index — before and you saw one from last week, you would likely say, ‚ÄúWhat happened?‚ÄĚ

You and I know we saw a sell-off in the stock market that was started by talk of an Argentinean default and then continued with the sharp rise in the Employment Cost Index, which climbed 0.7% in Q2 2014, up from a 0.3% increase in the first quarter, and the initial 2Q 2014 GDP reading of 4%. It was those second and third events that got chins wagging about the timing of interest rate hikes by the Fed. As you know, rising interest rates can create opportunities in several areas, but they could cause problems in others, like housing, for instance. Even thought the Goldilocks July Employment Report took the heat off all the Fed talk, renewed tension in Russia regarding what may or may not happen with Ukraine weighed once again on the market this week.

Read more about how you could be making the most of the recent sell-off at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Advertisement
Advertisement

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern‚Äôs ‘Borderless’

FOREIGN AFFAIRS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Global Elites Started The Russia Nonsense.

U.S. POLITICS

Lauren Southern’s Borderless Deleted By YouTube. ENOUGH.

U.S. POLITICS

archive

Making the Most of the Recent Sell-off with PowerTrend Profits

If you had never looked at a chart of any of the major stock market indices before and you saw one from last week, you would likely say, ‚??What happened?‚?Ě

If you had never looked at a chart of any of the major stock market indices — the Dow Jones Industrial Average, the S&P 500 or even the Nasdaq Composite Index — before and you saw one from last week, you would likely say, ‚??What happened?‚?Ě

You and I know we saw a sell-off in the stock market that was started by talk of an Argentinean default and then continued with the sharp rise in the Employment Cost Index, which climbed 0.7% in Q2 2014, up from a 0.3% increase in the first quarter, and the initial 2Q 2014 GDP reading of 4%. It was those second and third events that got chins wagging about the timing of interest rate hikes by the Fed. As you know, rising interest rates can create opportunities in several areas, but they could cause problems in others, like housing, for instance. Even thought the Goldilocks July Employment Report took the heat off all the Fed talk, renewed tension in Russia regarding what may or may not happen with Ukraine weighed once again on the market this week.

Read more about how you could be making the most of the recent sell-off at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Chris Versace is a financial columnist and equity analyst with more than 18 years of experience in the investment industry. He has been ranked an All Star Analyst by Zacks Investment Research and his efforts in analyzing industries, companies and equity securities have been recognized by both Institutional Investor and Thomson Reuters‚?? StarMine Monitor. He‚??s frequently published in The Washington Times and is a frequent contributor to the daily radio show ‚??America‚??s Morning News‚?Ě and ‚??America‚??s Radio News‚?Ě. He has been quoted in the Wall Street Journal, Investor‚??s Business Daily, The Street, USA Today and other publications. In addition, he can be frequently seen on television‚??s ‚??Fox Business‚?Ě show.

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern‚Äôs ‘Borderless’

FOREIGN AFFAIRS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Global Elites Started The Russia Nonsense.

U.S. POLITICS

Lauren Southern’s Borderless Deleted By YouTube. ENOUGH.

U.S. POLITICS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter