12.07.18 • -2.33%

December 7, 2018

S&P:  -2.33%*

 

Market Movers

 

 

Near term factors:

  • Trade war

  • Low November jobs report

  • Fed meeting 12/7

 

Long term factors:

  • FED raising rates

  • Inflation

  • Yield curve inversion

 

Today we saw positive gains in the morning and then proceeded to sell off as the day went on. The reason is due to the continued uncertainty on what the Fed plans to do at their upcoming meeting starting on December 18th. This morning we saw an underwhelming 155,000 jobs added last month which came as a concern for investors.

 

This disappointing jobs number may be a key piece of influence on the fed. If they’re teetering on whether on not to hike; this jobs number may be to blame. Expect continued volatility as we lead up to the meeting.

 

Lastly, the uncertainty has increased and typically investors prefer not to jump into long positions before the weekend in case a news event occurs that would have a negative effect on their portfolio. Most would rather regroup and see what Monday brings. On that note, we hope everyone enjoys their weekend and tunes into futures opening on Sunday night to get a sense of direction for Mondays open.


 

*Bloomerg.com

INVESTMENT DISCLAIMER

The content of this website is published in the United States of America and persons who access it agree to do so in accordance with applicable U.S. law.

All opinions expressed by Peter Lucey on this website are solely Peter Lucey's opinions and do not reflect the opinions of Bull & Bear or their parent company or affiliates, and may have been previously disseminated by Peter Lucey on television, radio, internet or another medium. You should not treat any opinion expressed by Peter Lucey as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Peter Lucey's opinions are based upon information he considers reliable, its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Peter Lucey, Bull & Bear, its affiliates and/or subsidiaries are not under any obligation to update or correct any information provided on this website. Peter Lucey's statements and opinions are subject to change without notice.

Past performance is not indicative of future results. Neither Peter Lucey  nor Bull & Bear guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this website or other mediums. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website or on alternative mediums may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this website or on other mediums. Before acting on information on this website or on other mediums, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.


 

Share on Facebook
Share on Twitter
Please reload

Contact

Phone:

(847) 881-6435

Email:

investorrelations@bullandbearfund.com

  • Facebook - Grey Circle
  • Twitter - Grey Circle
  • LinkedIn - Grey Circle

© 2019 Bull & Bear, LLC | All Rights Reserved