Excerpt from Louis Navellier's Marketmail - 02/11/2020
source: The Economic Times
Last week, many great stocks continued to “melt up” along with the overall stock market. Despite last Friday’s late-day correction, the major indexes rose 3% or more last week, with NASDAQ rising 4%.
On Tuesday, President Trump kicked off his 2020 campaign with his State of the Union speech that promised, “The Best is Yet to Come” (reminiscent of Reagan’s 1984 re-election campaign slogan, “It’s Morning in America”). Naturally, President Trump cited the stock market’s rise, so I think that it is safe to say he will continue to try to bolster the U.S. economy and the stock market in the upcoming months.
I’ll have more to say about the economy (and Tesla) in my article, to the right. Also, Bryan Perry joined me at the Orlando World Money Show last week. He reports on the mood of the crowd and their skepticism over recent good news as they look for a “black swan” event. Gary Alexander examines the coronavirus scare vs. past scares and “normal” flu deaths, while comparing “viral news” to these medical crises. Ivan Martchev is concerned about coronavirus pushing the price of oil up and bond yields down, and Jason Bodner says this correction was too short to play, so he examines when the next correction may come.
A Look Ahead
By Louis Navellier
The Good Economic News Keeps Rolling In
Income Mail
By Bryan Perry
Good Tidings for the Average U.S. Household
Growth Mail
By Gary Alexander
Will the Coronavirus Infect This Bull Market?
Global Mail
By Ivan Martchev
New Lows Coming for Crude Oil?
Sector Spotlight
By Jason Bodner
The 5% Correction Was Over in a Flash - What's Next?