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Stocks Up 5 Weeks In A Row For Dow, Nasdaq, And Russell 2000

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Mon, Jan 28, 2019 12:01 PM

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Profit from the Pros Stocks Up 5 Weeks In A Row For Dow, Nasdaq, And Russell 2000 Stocks closed soli

Profit from the Pros Stocks Up 5 Weeks In A Row For Dow, Nasdaq, And Russell 2000 Stocks closed solidly higher on Friday. And while the 4-week winning streak for the S&P came to an end (albeit just barely), the winning streak was extended to 5 weeks in a row for the Dow, the Nasdaq, and the Russell 2000 Index! In spite of a volatile start to the week last week where trade tensions unnerved the market, and traders began worrying about the economic impact of the partial government shutdown, the week ended on renewed optimism over this week's high level trade talks with China, and an agreement to temporarily reopen the government for the next three weeks while Congress tries to come up with a longer-term budget solution. One constant in all of this has been the steady stream of better than expected earnings. And that's kept stocks well supported, even while the trade talk and shutdown headlines created anxiety. Quite frankly, I think it's a testament to just how strong this economy is and the underlying fundamentals underpinning the market. As I've said before, once the uncertainties of the trade talks are over and a deal is finally done, I think the market will soar. But it appears that savvy traders aren't waiting for the official announcement (if and when it happens). They have been swooping in and picking up stocks at deeply discounted valuations and prices ever since the market bottomed late last year. Of course, nothing is done until it's done. But for now, traders remain hopeful that an agreement will be made. In the meantime, earnings season continues with another 608 companies reporting this week! See you tomorrow, Kevin Matras Executive Vice President, Zacks Investment Research Sponsor [Cut the Cord. Get Revenge. Make Money]( This tiny rooftop device could create a flood of new tech millionaires... As the world's first internet service will grant the gift of high-speed, uninterrupted internet to everyone on earth! [Demolishing a $251 BILLION Industry.]( Everyone from The Wall Street Journal to the Federal Communications Commissions is reeling in shock. Giving millions of Americans [the opportunity to turn a single paycheck into $110,661]( as they cut the cord and get revenge on America's most hated monopoly in the flip of a switch. <<[Full Details/Proof Here]( Most Popular Articles from Zacks.com [Weekly Jobless Claims Lowest Since November 1969: 5 Picks]( Solid macro-economic fundamentals, government's tax reform along with strong earnings performance are major tailwinds for the U.S. economy. [Read More »]( [Outlook for Electronics Semiconductors Industry Looks Bright]( These stocks are gaining from a growing demand environment for automation appliances, better packaging and connect technologies. [Read More »]( [Time to Invest in the Transportation Sector]( There are many opportunities in the transportation sector despite recent disappointing data points. [Read More »]( [Energy Majors Queuing Up for Stakes in Qatar's LNG Expansion]( The competition for stakes in the expansion development is expected to intensify as Qatar is among the largest producers and exporters of LNG. [Read More »]( [2019 New Withholding Tables: Personal Finance 101]( Under the Tax Cuts and Jobs Act, withholding tables were updated and changed. What does this mean for you? [Read More »]( Sponsor [Today, See Zacks' Top Stocks for Free]( Starting now, you can get instant access to the latest picks from our hottest market-beating strategies. From 2017 through 2018 they gained +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%. Zacks will also give you a free Special Report, Top 10 Stock Screening Strategies with formulas you can use to find high-potential gainers anytime you please. [See Stocks Free >>]( [Bull of the Day: Spirit Airlines (SAVE)]( The low cost airline firm raised its Q4 guidance and its earnings are projected to soar. [Read More »]( [New Zacks Strong Buys for January 28th]( 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](

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