This Is Not the Brett Kavanaugh Stock Market Rally - Here's Why

as declared in The Brett Kavanaugh market rally started last Friday. In all seriousness, while Corporate America is probably happy with Donald Trump's nomination of Brett Kavanaugh to the Supreme Court, the market rally is firmly rooted in simple Wall Street logic. No matter if guidance may stink, the rally at the moment is all about being positioned for big profit beats. The market, on the other hand, is in rally mode. Stock ChatIt will be interesting to see how the market reacts to PepsiCo's (PEP) second-quarter results.


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The second half of 2018 is off to a bullish start for stocks, buoyed by a goldilocks June jobs report. But don't get too complacent. TheStreet's Scott Gamm is hosted our monthly video webinar Trading Strategies to help you prep your portfolio for the second half of 2018. Scott was joined by two top market experts, including:Kristina Hooper, chief global market strategist, InvescoAlicia Levine, head of global investment strategy, BNY Mellon Investment ManagementWant exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

Video: 2 Stock Market Pros Reveal How to Juice Your Portfolio for 2018

Stock Market Jitters -- Is Divisive Politics To Blame?

referring to Admittedly, by measures such as price-to-book and price-to-sales the stock market is expensive; but, this has been the story for years now. The overall number is 57.6 against that all-time high of 66 in 1999. The number for Republicans is an all-time high 77 but for Democrats the number is stuck at 50. One can only expect more wacky stock market behavior if this gap continues. Because right now the stock market jitters could be political.

Stock Market News For Jul 12, 2018

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Stock Market News For Jul 12, 2018

Stock Market News For Jul 11, 2018

Investors have pinned high hopes on second-quarter 2018 earnings resulting in evaporation of trade war concerns at least for the time being. Earnings Expectations Mounting UpMarket participants are expecting strong showing by American corporates as second-quarter earnings season slowly gathering steam. (Read More: PepsiCo Stock Up on Q2 Earnings Beat, Revenues Lag)Following earnings results, the share price of PepsiCo soared 4.8%. Notably, banking giants JPMorgan Chase & Co. JPM, Citigroup Inc. C and Wells Fargo & Co. WFC will report second-quarter earnings results this week. Click to get this free reportJPMorgan Chase & Co. (JPM) : Free Stock Analysis ReportWells Fargo & Company (WFC) : Free Stock Analysis ReportCitigroup Inc. (C) : Free Stock Analysis ReportCoca-Cola Company (The) (KO) : Free Stock Analysis ReportPepsico, Inc. (PEP) : Free Stock Analysis ReportBecton, Dickinson and Company (BDX) : Free Stock Analysis ReportQEP Resources, Inc. (QEP) : Free Stock Analysis ReportProcter & Gamble Company (The) (PG) : Free Stock Analysis ReportTo read this article on Zacks.com click here.




collected by :Molly Tony

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