Welcome to our monthly review of the markets! Here, our Chief Options Specialist, Jason Ayres, who is also CEO of Croft Financial Group, provides a market overview for June 2019. Watch the video below to see how the market conditions are impacting investors.
Category Archives: Blog
S&P 500 at Risk of Third Quarter Correction on Weak Economic Data The S&P 500 is less than one percent away from a new record, but there are growing concerns that the broad-based index could lose 10% of its value in the third quarter, and officially, send it into correction mode. The reason? Persistently weak […]
Record Stock Market Levels Mask Earnings Reality The S&P 500, Nasdaq, Dow Jones Industrial Average, and TSX are all trading at, or near, record stock market levels. On the surface, how can this be anything but good news? But if you dig into the data even a little bit, you’ll see that North American companies […]
Fears of 2020 U.S. Recession Grows According to a majority of American Chief Financial Officers, the second longest economist expansion in American history is expected to hit a wall in 2020, just before the U.S. presidential election, sending the U.S. into a recession. That would be bad news for President Donald Trump, who campaigned on […]
U.S. Economy Slows in May, Creates Fewer Jobs Than Expected The U.S. economy is showing signs of weakness and things could get worse. In May, the U.S. created just 75,000 jobs, far lower than Wall Street expected. Wage growth has also slowed significantly. A slowdown means American consumers are going to have less money in […]
Canadian Economy Continues to Show Signs of Weakness The Canadian economy continues to show signs of weakness. Statistics Canada reported that the Canadian gross domestic product (GDP) advanced just 0.4% in the first quarter of 2019. In the fourth quarter of 2018, the Canadian economy expanded a paltry 0.3%. While the Bank of Canada predicts […]
Stocks Suffer Worst May Since 2010 President Donald Trump shocked global markets when he tweeted that he would hit Mexico with a 5% tariff on all imports into the U.S. on June 10. The unexpected announcement comes at a time when North American markets are already reeling from a U.S. trade war with China. A […]
TSX Suffers Worst Day of 2019, Crude Oil Has Worst Week The Toronto Stock Exchange (TSX) has been one of the best performing exchanges in 2019, but it recently went through a terrible week. On Thursday, May 23, the TSX suffered its worst day of 2019 as investors dumped technology stocks as well as stocks […]
Ever laid down to sleep at night and been overwhelmed by the noise in your head, the rush of thoughts, feelings and ideas coming at you so fast with so much intensity that you are incapable of processing them all in a way that allows you to drift off into a peaceful sleep? Ever gotten […]
Want to know the secret to how pro traders achieve their objectives with their trading? They plan for it! They take the time to reflect on their performance of the year that just passed, set goals for the coming year and make a plan for achieving them. Uh oh … I think I just heard […]