More About the Author "profitconfidential"

Author Nick: profitconfidential
Name: Profit Confidential
Site:
About the Author: profitconfidential


Articles by profitconfidential :

Sort by:

Consumer Confidence Fading; How Bad Is It?

When consumers are cautious, they tend to hold back on any major purchases such as homes, vehicles, furniture, appliances, and travel, to list a few. This will impact spending, GDP growth, and the ability of companies to expand their businesses and hire. Consumer Confidence in May was another disappointment with a reading of 60.8, below […]

Time to Go Big or Go Home—Large-cap Earnings All That Matters

The only thing that really matters to the stock market is corporate earnings. The numbers are everything, and that’s what equity investors need to be focused on. I’d be a new buyer of large-cap, dividend paying stocks right now. The market hasn’t pulled back much over the last two years and, every time it has, […]

The Poor Job Numbers: You Can’t Say I Didn’t Warn You

Today, we’ll hear and read stories about how the May job numbers are worse than expected, that the U.S. economy is starting to show signs of weakness, and that we’ll never get the economy going. Well, my readers can’t say I didn’t warn them. In fact, I’ve been warning of greater problems: the U.S. falling […]

Stocks Looking to Go Higher; Ride the Gains & Take Some Profits

It has been a great few weeks for stocks. The major indices have edged higher in nine of the last 11 sessions to April 28. The upward moves to the highest levels since June 2008 are impressive and indicate what appears to be a potential breakout on the price charts after the multiple tops. The […]

Great Numbers Reported by Caterpillar & Merck—Why the Trend Should Continue

It will take a bit of good fortune, but I think the S&P 500 Index can achieve 1,500 this year. We’ll likely get a correction or some sort of prolonged consolidation in the not-too-distant future and, barring any unforeseen shocks to the system, the stock market should reaccelerate due to continued growth in corporate earnings. […]