Markets Up On Trade Talk Optimism

Profit from the Pros Markets Up On Trade Talk Optimism Stocks finished up on Friday and all of the major indexes closed up for the week, except for the Nasdaq which just barely missed out. But stocks looked strong at the end of the week and that bodes well for this week. The so-called emerging market crisis (which is really just a crisis for Turkey), that weighed on stocks early last week has all but been forgotten. Not by Turkey, of course, as their economy and currency are reeling after US sanctions. But the impact to our markets are a virtual zero. And traders made that known after the headlines faded. The real news last week and what got the markets going was the optimism over trade talks. With productive talks between the EU, Japan, Mexico (an agreement on a new NAFTA deal could be just a few days away and then presented to Canada), and now China, the markets are finally getting what they've been waiting for – a potential breakthrough that avoids further escalating already worrisome tariffs. As I've mentioned before, the market has been held back due to uncertainty over the ongoing tariff tensions, even as the economy continues to pick up steam. This has caused a lot of pent-up demand and bullishness. But once it looks like real progress is being made to resolve these disputes, the markets should soar. Talks with China will be the most difficult. But with their currency falling and their markets tanking, the US is in a strong position to get some of the concessions they want. We shall see. But getting the number 1 and number 2 economies talking again is great news. The markets are poised for a great week this week. And the S&P, the Nasdaq, and the Russell 2000 Index are within striking distance of breaking out to new all-time highs. As I've been saying, this economy and bull market are history in the making. Make sure you're taking full advantage of it. See you tomorrow, Kevin Matras Executive Vice President, Zacks Investment Research Sponsor [Do NOT Deposit Another Dollar in Your Bank Account Until You Read THIS](. A CIA insider has launched an urgent mission to expose the government’s secret money lockdown plan… Once you see what could happen next time you go to an ATM, you’ll understand why he’s sending a [FREE copy]( of his new book to any American who answers [right here](. Most Popular Articles from Zacks.com [4 Top Earnings Growth Stocks to Add to Your Portfolio]( The earnings growth metric is considered to be the most noteworthy variable in influencing the share price. [Read More »]( [American Consumers Perk Up the Retail Scene: 5 Solid Buys]( Americans have started to splurge more on retail products, including jeans, handbags and wall paint. [Read More »]( [4 Stocks to Buy as Industrial Production Edges Up in July]( Manufacturing activity in the United States has been going from strength to strength. [Read More »]( [Housing Starts and Building Permits Rebound in July: 5 Picks]( New residential construction data suggests that housing activity is clearly improving. [Read More »]( [Defense Stock Roundup]( The major U.S. defense contractors kept receiving a generous flow of funds from the Pentagon in the preceding five trading sessions. [Read More »]( Sponsor [Why Haven't You Looked at Zacks' Top Stocks?]( Our 5 best-performing strategies have blown away the S&P's +25.3% gain from 2017 through Q2 2018. Amazingly, they soared +100.4%, +103.0%, +104.7%, +110.4%, and +136.0%. Today you can access their live picks without cost or obligation. [See Stocks Free >>]( [Bull of the Day: iRobot Corporation (IRBT)]( This consumer robot company benefits from rising popularity of smart appliances. [Read More »]( [New Zacks Strong Buys for August 20th]( Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »]( [Customize Your Profit from the Pros Delivery]( Connect with Us: [Facebook]( [Twitter]( [StockTwits]( Contact Info: Phone: 1.800.767.3771 ext. 9339 Email: [support@zacks.com](emailto:support@zacks.com) [Get it on Google Play]( [Get it on Google Play]( [Terms]( | [Privacy]( | [Unsubscribe](