Congratulations Lunar New Year – this is for the pig.
And this year it will be a "good year to make money and invest", says thechinesezodiac.org. Shoot if you want, but in China, a pig means luck, happiness, wealth wealth, etc. So by the end of the year, we should all say things like "Some pig!" And.
In the more immediate future, we may have some unlucky Alphabet investors after some revenue, but futures are ready to shake it when Nasdaq aims to exit the bear market links:
It's pretty beat (in every case on the EPS figure) from Google. Good way to round out FAANG's quarter. After the reserved response to Apple though, I think we have seen our signal that the market will not use a serious lever revenue https://t.co/fWWt0PC423
̵1; John Kicklighter (@JohnKicklighter) February 4, 2019
Enjoy the tailwinds while they last say our call of the day from cool Montreal, where Yves Lamoureux, president of macroeconomic research firm Lamoureux & Co., has an update on a prescient call he made in autumn.
First, some background. In January 2016, Lamoureux predicted that Dow would have a top 25,000 within three or four years, as it did at the beginning of last year. The rest of 2018 saw the index move back and forth over the large level. In October, he predicted that Dow would eventually hit 40,000, but there was an expectation that a major "panic event" would occur only when he warned investors to stay out of stock in 2019.
His new conversation has to do with the "big panic event," round 2: "The shock we had in November, December was the first shock and the market realized we were floating too high and [markets] had to come back. There is another drop coming, which will create tremendous opportunity, "he said in a Monday interview with MarketWatch.
Lamoureux believes that other shakeout will happen in the next six months, with a decline in China and / or a yuan devaluation a few things he thinks might trigger a withdrawal. He says 21,000 for Dow would send him on a stock-shopping spree.
Read: US Investors Increase China's Stimulation as a Key to the Lifetime Life
In his opinion, some stocks should be much lower than they are, and the indices do not quite tell truth that can be found by Take a closer look at the charts, such as the one showing the billions lost in the Apple Market Cover
AAPL, + 2.84%
He says that the first big drop, like the one seen last year, tends to get investors to question the market, but don't panic, find something calming when stocks bounce.
"If we ever get a drop, you get ridiculous prices … reductions from the top. That's what creates the next buying opportunity," says Lamoureux, who is ready when he came out of stocks 100% in January.  He suggests that portfolios should reduce stock exposure and say that investors should have some cash ready and not tied up elsewhere, such as bonds, because when the big drop happens again, everything will go down.
Last word goes to Joel Kruger, currency strategist at LMAX Exchange, who has something here and now perspective on the market: "We believe the paradigm has moved into 2019 and a stock market that had once been a purchase of dips for higher low and higher heights is now a Sell in collections for lower heights and lower downs.
"Although true investors have found consolation in Fed's more cautious prospects, we do not think this will be enough to compensate for the fact that monetary accommodation tools have been exhausted after the 2008 crisis and the investor's immunity to reduced risk is not anymore what it once was, "he said.
Read: Nasdaq is on the verge of escaping from the bear market
YMH9, + 0.39%
S & P 500
ESH9, + 0.21%
NQH9, + 0.42%
futures move up. Nasdaq
COMP, + 1.15%
led the way higher on Monday, with Dow
DJIA, + 0.70%
and S & P 500
SPX, + 0.68%
Check out more in Market Snapshot
DXY, + 0.06%
is up, gold
can face a third straight loss, and raw
is lined up.
Opinion: Bullish gold investors now have concern
SXXP, + 0.82%
is higher. Much of Asia is on holiday, but Aussie shares
XJO, + 1.95%
took off after the central bank left prices unchanged.
Tailwinds for this stock market? We have them. Our charts of the day compliments The Daily Shot, which gives up this couple that shows how many investors any time, but shares right now:
First up, TD Ameritrade Investor Movement Index, which shows The levels of enthusiasm for stock of individual investors look quite depressed lately:
Next is a Bank of America Merrill Lynch chart showing a fairly high level of money in government bonds, which tend to be considered a port in times of economic uncertainty, which is not lacking right now:
Fed Chairman Jerome Powell and a couple of other Fed officials ate with POTUS and State Secretary Steven Mnuchin at the White House. But not hope, because the only juicy thing about it was the steaks.
GOOGL, + 2.04%
is dinged after the results showed a earnings blow – driven by a mysterious investment gain – but also a huge jump in Google's spending.
Elsewhere, Archer Daniels
results disappointed while BP
BP, + 4.36%
fluctuated into a forecast and investors think so.
After Tuesday's closing, we get results from Snap Snapshot Parents
SNAP, + 0.29%
who had some trouble with the helm in early 2019, which could make for an interesting conference call. Disney
DIS, + 0.45%
will also report late.
and Merck KGaA
MRK, + 0.55%
has announced a $ 42.3 billion immunotherapy agreement.
POTUS is ready to nominate one of the World Bank's greatest critics to lead it. Meanwhile, federal prosecutors have ordered Trump's introductory committee to hand over documents, in a probe over donors and expenses.
Collection data comes with the trade balance in December, followed by PMI Markit services and the ISM nonmanufacturing index.
So at 9 am We get POTUS's EU address, where we could get a decision on a wall crisis date and the North Korea summit. Some say looking at the speech to wedge a wedge between the Republicans.
$ 68 Billion – It is the gain in the online value of Amazon CEO Jeff Bezos since the presidential election in 2016. If the POTUS is worth $ 2.8 billion, so e-commerce mogul is worth about 23 Trumps, says The Heisenberg Report.
"One thing I've noticed is that our AI-written articles have zero typos." – It was Warren St. John, Patch CEO , nationwide news service covering local news on 10% of its AI-powered articles. He was quoted in a recent New York Times report – "The Rise of Robot Reporter."
Seven dead, dozens injured after an apartment fire in a prosperous district of Paris
4 year old found a gun and ends up shoots his pregnant mother in the face
Himalayan glaciers can melt within 2100, disrupt the food supply for billions
Come claim it. Fully working USB stick found in sealing poo
Rare (ish) snowfall for the San Francisco area causes some tension
Ok, ok … after closer inspection there is hail. BUT from far away in the dark, it looks like a little snow on the ground. So I still think it's fair to get excited! #BayAreaSnow #hail #weather pic.twitter.com/Ida0kzLDfH
– Kate Larsen (@ KateABC7) February 5, 2019
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