The Federal Reserve minutes will be reported this Wednesday. Investors will focus on their view of the economy, interest rate hikes, and the Trump administration’s reform plans.
On Thursday, the President of China is meeting with Trump in Florida where they will discuss trade. Last year, the US imported $462 billion worth of goods from China, more than from the entire 28-country European Union. Concerns have been centered around Trump's potentially aggressive trade policies with China which could aggravate markets.
On Friday, at 8:30 AM ET, the jobs report for the month of March will be released. The unemployment rate is expected to stay the same at 4.7%.
Interestingly, the S&P 500 has performed best in April over the last 50 years, followed by December. Of course, such studies won't help you make money in the markets, but could instead derail you from your focus which should be on your portfolio, on your stock watch lists, and on your ETFs if you are market timing.
At Virtue of Selfish Investing, our buying and selling strategies have worked very well over the last few years in these QE-manipulated markets by keeping risk to a minimum. Our Focus List reports showcase our various strategies:
As for QE, rest assured it is still influencing US markets since the Bank of Japan and European Central Bank are still aggressively printing money. Such capital finds its way into the tallest standing midget which has been the US market.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2020 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.