The NEW Daily Decision for 8.6.18 - Goldilocks Looks To Be Alive And Well


The State of the Markets:

The headlines blared that the July's Jobs Report was a "miss." This was due to the fact that, according to the Labor Department, the economy created 157,000 new jobs last month, which was below the consensus estimate of 190,000. As such, the bears gasped loudly and proclaimed that the economy must be rolling over.

However, after digging into the report, my response to the nattering nabobs of negativism is, "Uh, not exactly."

First off, we need to recognize that the monthly job totals are almost always revised the following month (you know, when the actual numbers are in). For example, June's new job creation total was revised upward to 248K from 218K while May's total moved up by 24K. This means that the economy actually created 59,000 more jobs than were originally reported in the prior two months alone. So, the optimist in me says that if you add 59K to 157K you get 216K new jobs, which would have been a "beat."

Oh, and the average job creation total over the last 3 months currently stands at 224K. Not bad for an economy that is supposed to be running out of workers.

The Unemployment Rate fell to 3.9%, although why the Labor Department doesn't break that number out a few more decimal places in this day and age is beyond me.

The Most Interesting Part Of The Report

For me, the most interesting aspect of the Nonfarm Payroll report was the all-important wages component. To review, this is now a closely watched area due to the impact wages have on inflation. And with everyone on the planet calling for higher inflation, well...

For the month, average hourly earnings rose by 7 cents, or 0.3%. On ...

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The NEW Daily Decision for 8.2.18


THE LATEST UPGRADE TO DAILY DECISION IS LIVE!

We are excited to announce that the latest upgrade to the Daily Decision service was implemented on Monday, July 9.

The new, state-of-the-art portfolio will be comprised of three parts.

  • 50% Risk ...
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The NEW Daily Decision for 8.1.18 - A Worry Worth Considering


The State of the Markets:

To be sure, there will be a lot of keystrokes used to talk about Apple (NASDAQ: AAPL) today. Frankly, it is very interesting to hear all the analysts talk about Apple's upside potential given ...

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The NEW Daily Decision - As Good As It Gets?


The State of the Markets:

After a sloppy June, stock market investors appear to be enjoying the month of July. So far at least, the S&P 500 sports a gain of 3.75% for the month and is inching closer ...

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The NEW Daily Decision for 7.23.18 - It's Time To Be Careful On That Ladder


The State of the Markets:

Since we are deep into summer vacation season, I'm going to keep things brief this morning and let the indicators do most of the talking.

My take on the current market action is the ...

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The NEW Daily Decision for 7.19.18 - A Look At The Big-Picture


The State of the Markets:

The original purpose for my oftentimes meandering morning market missive was to identify the driving forces behind the market action. The thinking was that putting to paper (so to speak) my thoughts on why Ms ...

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The NEW Daily Decision for 7.16.18 - Divergences Are Yellow Flags


The State of the Markets:

The NASDAQ - you know, the index where most of the market's hot stocks tends to trade - closed Friday at a fresh new all-time high. The S&P 500 appears to have broken out of the ...

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Update: The NEW Daily Decision Portfolio Positions

To review, the NEW Daily Decision Portfolio is designed to be a risk-managed, multi-strategy approach to the markets.

To start, 50% of the portfolio is allocated to our Risk Managed Growth strategy, which itself is comprised of 3 management strategies ...

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The NEW Daily Decision for 7.11.18 - Let's All Play: Breakout or Fakeout?


The State of the Markets:

CNBC's "Fast Money" kicked off their show Tuesday afternoon with a game they called "Breakout or Fakeout." To be honest, I usually have the T.V. on mute the vast majority of the day ...

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The Daily Decision for 7.10.18 - All About The Growth?


The State of the Markets:

Don't look now fans, but the S&P 500 is up three days in a row and has finished in the green five of the last seven sessions. This in the face of all the ...

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The Daily Decision for 6.11.18 - Buckle Up, This Will Be Interesting


The State of the Markets:

Good Monday morning and welcome back to the land of blinking screens. I hope you are buckled in as we've got a big week for the markets coming. So, before we review the state ...

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The Daily Decision for 6.6.18 - Upgrades to CORE and TRADING Models Coming Soon!


Today's Model Review:

COMING SOON: UPGRADES TO CORE AND TRADING MODELS
We are excited to announce that the latest upgrade to our models will be implemented within the next month. The CORE model will take a more growth-oriented stance ...

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