As the market wraps up first quarter earnings season, results have been undeniably good. More than three-quarters (78%) of the companies in the S&P 500 have beaten earnings expectations, the highest percentage since FactSet began tracking it in 2008. Earnings growth for the index on a year-over-year basis is above 24%, making it the strongest quarter since 2010. #-ad_banner-#But why then isn’t the market booming? Stocks have rebounded from February lows, but sentiment has clearly shifted. Instead of the enthusiasm for growth and optimism for future earnings, investors seem hesitant to believe shares can go much higher. Is the market’s… Read More

As the market wraps up first quarter earnings season, results have been undeniably good. More than three-quarters (78%) of the companies in the S&P 500 have beaten earnings expectations, the highest percentage since FactSet began tracking it in 2008. Earnings growth for the index on a year-over-year basis is above 24%, making it the strongest quarter since 2010. #-ad_banner-#But why then isn’t the market booming? Stocks have rebounded from February lows, but sentiment has clearly shifted. Instead of the enthusiasm for growth and optimism for future earnings, investors seem hesitant to believe shares can go much higher. Is the market’s lethargy a sign of exhaustion and a long-awaited correction or is it just consolidation as earnings catch up? More importantly, how can you be ready for either scenario? Is Investor Enthusiasm Starting To Swing The Other Way? Despite the strength in earnings, the S&P 500 is up just 3% since earnings started coming out in early April. Investors have a reason to be hesitant in their enthusiasm. Forward valuations are at 16.0 times expected earnings for the next year, a 12% premium on the 10-year average of 14.3 times multiple. That elevated forward valuation is on expected earnings growth… Read More

Rex Tillerson has found himself in the news of late, and though I don’t do much politics over at my premium newsletter, Fast-Track Millionaire, I have to say I’m more than a little sorry to see the old Texan go. Historians will assess his tenure as secretary of state, and that’s fine – they should. But in my view, a decision the former CEO of ExxonMobil (NYSE: XOM) made a decade ago, long before he went to Washington, will be of far greater importance than his time in the diplomatic arena. —Sponsored Link— Vermont Research Firm… Read More

Rex Tillerson has found himself in the news of late, and though I don’t do much politics over at my premium newsletter, Fast-Track Millionaire, I have to say I’m more than a little sorry to see the old Texan go. Historians will assess his tenure as secretary of state, and that’s fine – they should. But in my view, a decision the former CEO of ExxonMobil (NYSE: XOM) made a decade ago, long before he went to Washington, will be of far greater importance than his time in the diplomatic arena. —Sponsored Link— Vermont Research Firm Reveals #1 Blockchain ‘Pot Stock’ A brand-new tech company plans to SECURE Canada’s booming legal cannabis industry! BUY your shares for just $0.30 — BEFORE this $8.7 BILLION industry takes off! Shares could rocket 818% higher when news gets out. Click here asap. Let me explain. The underpinning of this gutsy move occurred in 2008: Oil was commanding as much as $140 or more per barrel; the national average price at the pump rose well above $4.00 a gallon. The question many were asking in the oil patch was twofold: The younger people wanted to… Read More

I’m sure many of you are familiar with the “desert island” game. You know… the one where someone asks things like: “If you were stranded on a desert island and could only have one book, what book would that be?” Or maybe… “If you were stranded on a desert island and could only have one album to listen to, what would it be?” —Sponsored Link— New Device Could Soon Be In Up To 74% Of Households Right now, the world’s biggest appliance and electronic manufacturers — including Dell, Sony, Panasonic, Samsung, and Bose — have… Read More

I’m sure many of you are familiar with the “desert island” game. You know… the one where someone asks things like: “If you were stranded on a desert island and could only have one book, what book would that be?” Or maybe… “If you were stranded on a desert island and could only have one album to listen to, what would it be?” —Sponsored Link— New Device Could Soon Be In Up To 74% Of Households Right now, the world’s biggest appliance and electronic manufacturers — including Dell, Sony, Panasonic, Samsung, and Bose — have joined forces in an unprecedented alliance to push a revolutionary new technology into the mainstream that will eliminate cords and plugs forever… One small tech firm has created the key to this revolution and this game-changing device has already been greenlighted by the FCC. Inevitably, this is going to create the biggest wealth grab in history. Get in on the ground floor now. Of course, there are hundreds of variations involving that one thing you would want if you were stranded on a desert island. (Sunscreen.) #-ad_banner-# I was recently asked, “What’s your desert island… Read More

One of my favorite TV shows of the ’80s was “The A-Team.” While short on being highbrow entertainment, the show was long on stuff blowing up and catchphrases. While Mr. T’s “Fool!” was the fan favorite, I was always partial to the cigar chomping Colonel Hannibal Smith’s “I love it when a plan comes together.” If he had been long in oil in mid-March, he’d be breaking out the stogies. Two months ago, I published an article profiling oil and where it was going. It came in right on target. #-ad_banner-#After a big move in a short time is the… Read More

One of my favorite TV shows of the ’80s was “The A-Team.” While short on being highbrow entertainment, the show was long on stuff blowing up and catchphrases. While Mr. T’s “Fool!” was the fan favorite, I was always partial to the cigar chomping Colonel Hannibal Smith’s “I love it when a plan comes together.” If he had been long in oil in mid-March, he’d be breaking out the stogies. Two months ago, I published an article profiling oil and where it was going. It came in right on target. #-ad_banner-#After a big move in a short time is the run done? Not yet. Let me add a caveat to that. While the upside in the actual black, dead dinosaur and plant matter stuff may be limited, a lot of oil-related stocks have not participated in the move for one reason or another. Here are some that make sense and are trading at attractive levels. Enbridge Energy Partners LP (NYSE: EEP) — Focusing on petroleum liquids gathering, transportation and storage.While the unit price took a painful 27% hit after the Federal Energy Regulatory Commission’s tax policy ruling regarding master limited partnerships (MLP’s), analysts are confident that Enbridge can cover its… Read More

This week, I told my Maximum Income readers that I’m optimistic after seeing the earnings reports so far this quarter. There is room for upside in the current stock market, although there are also risks. I laid out my reasoning for this in detail to my subscribers, but what’s important to know is that all this indicates to me that our focus needs to remain in safety. —Sponsored Link— Collect A Colossal Payday Thanks To California’s Legal Cannabis We’ve already seen people accumulate massive gains from previous marijuana legalization announcements, but this recent event is… Read More

This week, I told my Maximum Income readers that I’m optimistic after seeing the earnings reports so far this quarter. There is room for upside in the current stock market, although there are also risks. I laid out my reasoning for this in detail to my subscribers, but what’s important to know is that all this indicates to me that our focus needs to remain in safety. —Sponsored Link— Collect A Colossal Payday Thanks To California’s Legal Cannabis We’ve already seen people accumulate massive gains from previous marijuana legalization announcements, but this recent event is about to blow the lid off of anything we’ve seen so far. Are you positioned to profit? One penny pot stock expert has narrowed his focus to three tiny California pot stocks expected to explode following legalization. With billions of dollars in revenue projected to flow into this industry, learning how to get in on the ground floor — before these tiny stocks shoot up — is your best shot at life-altering gains. Go here now. This is why I recommended a trade that is designed to generate high income with safety. If everything goes according… Read More