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The personal consumption expenditure rose 11.3% in the first quarter of 2021. That's what the gross domestic product's second estimate is telling us at least…
This comes after a 2.3% increase for the fourth quarter of 2020, by the way. So it's only natural for my readers to want to get in on the action, and I know the best large-cap retail stocks out there.
And from where I'm sitting, it looks like consumer sales are only going to get better… Which means traders and investors have multiple chances to score big gains with the stocks I have today!
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Get the Names | WE WANT TO HEAR FROM YOU!
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you'd like to see rankings for! All you have to do is reply directly to this email with your tickers! | | 2 Pullback Stocks to Avoid Long-Term Uncertainty
| | We're in a crucial 48-hour window in the stock market. The market was likely to be subdued today in anticipation of Thursday's gross domestic product number. Making long-term trades right now could backfire, as there is a lot of uncertainty on Wall Street. I've identified two low-risk, high-probability pullback plays to trade this market.
The S&P 500 is trading above its 50-day moving average for the second day in a row. Meanwhile, momentum levels are down as less than 50% of stocks in the index are trading below their 50-day MA.
Keep an eye on the bond market. Bonds and interest rates are negatively correlated. If bonds go lower, interest rates rise. Higher rates are bad for tech and other speculative stocks, and are good for blue-chip and other defensive names. In today's video, you'll discover whether volatility will pick up or decline in the next 48 hours… the biggest report from the Federal Reserve to pay attention to… whether bonds will decline or rise sharply… whether the S&P 500 is vulnerable to downside pressure… and two hot pullback stocks to buy right now.
| Get Today's 2 Pullbacks | | | |
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| June 20, 2021
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| June 21, 2021
| If you've paid attention to anything I've said over the past few weeks, then you should know the oil market has seen a big boost. Continue Reading
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