2019 saw about a 28.5 percent rally in the stock market, largely driven by big moves at the start and end of the year, with a slow middle.
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|  Good morning and Happy New Year! 2019 saw about a 28.5 percent rally in the stock market, largely driven by big moves at the start and end of the year, with a slow middle.
Even averaging in the 6.25 percent drop in the S&P 500 in 2018, the past two years saw an average rally near 11 percent, better than the historical average.
Traders are right to look bullish, even after the big move in 2019, as there are usually 2-3 years of gains following a down year for stocks. Welcome to 2020.
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| Former U.S. Congressman Predicts Financial
Armageddon in 2020 | |
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For over a decade, this former U.S. Congressman has made a point to stay behind the scenes — until now. Today, something so big has begun to happen in America that he's come out of retirement to reveal his shocking analysis, for the first time on this scale. In this controversial video he reveals details on a coming financial event that will change your life.
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 | DOW 28,538.44 | +0.27% | | |
| S&P 3,230.78 | +0.29% | | |
| NASDAQ 8,927.60 | +0.30% | | |
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| *As of market close |
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| • | Markets saw a modest decline in their last day of 2019 before rallying into the close, and are closed today for New Year's. | | | | • | Oil dropped 0.8 percent, closing at $61.19. | | | | • | Gold moved higher 0.1 percent, to $1,520.30. | | | | • | Cryptocurrencies generally dropped, with bitcoin sliding to $7,175. | | | | |
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| Two Cheap and High-Yielding Stocks to Buy Now | |
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A new year can mean a lot of things. For most investors, it's a chance to re-focus on the fundamentals. That means buying companies trading at a reasonable valuation… and ones that also pay a decent (and growing) dividend.
The logic is simple.
Buying cheap companies avoids getting into overbought companies where the only hope to profit is a higher share price. And income is both appreciated as a cash-generator, and for its lower tax rate than short-term capital gains.
» FULL STORY |
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| Insider Trading Reports: BrightSphere Investment Group (BSIG) | |
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Guang Yang, President and CEO at BrightSphere Investment Group (BSIG), recently doubled his stake with a 50,001 share buy. The total buy left him with 100,001 shares.
The buy cost just over $507,000.
Yang first bought his initial stake back in August. Insider data for 2019 shows a number of both insider buys and sells, with the largest sales coming from a fund rather than corporate insiders.
» FULL STORY |
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| Unusual Options Activity: Target (TGT) | |
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The January 10th $126 put options on Target (TGT) saw a five-fold surge in volume, going from 434 open contracts to over 2,050 trade hands.
Expiring in just 9 days, the bet will pay off if shares of the retailer, which gained over 90 percent in 2019, will drop just $2 from its price of $128 per share.
The option buyer paid about $0.85, so a move to $125 per share would lead to profits at expiration.
» FULL STORY |
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| TOP | | | MYL | 3.448% | | | | DD | 3.066% | | | | MOS | 2.901% | | | | DXC | 2.761% | | | | CTVA | 2.426% | | | | BOTTOM | | | NOC | 1.461% | | | | LHX | 1.105% | | | | ANTM | 1.074% | | | | HOG | 0.959% | | | | URI | 0.944% | | | |
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| In my decades of looking at the stock market, there has never been a better setup. Exuberance is pandemic and sky-high. And even after today's dip, the S&P 500 is up nearly 29% for the year, and the Nasdaq 35%, despite lackluster growth in the global economy, where many of the S&P 500 companies are getting the majority of their revenues. |
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- Wolf Richter, analyst and founder of WolfStreet.com, on why he is shorting the market going into 2020 following the massive runup in 2019.  |
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| Former U.S. Congressman Predicts Financial
Armageddon in 2020 | |
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|
|
For over a decade, this former U.S. Congressman has made a point to stay behind the scenes — until now. Today, something so big has begun to happen in America that he's come out of retirement to reveal his shocking analysis, for the first time on this scale. In this controversial video he reveals details on a coming financial event that will change your life.
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