Trump Handcuffed = Market Correction?

Profit from the Pros Trump Handcuffed = Market Correction? Kevin Cook here for Reity... After yesterday's big 1.8% market drubbing, a big debate is raging here at Zacks. It's me against everyone else who calls this market the Trump Rally and now believes that it is "game over" since the political wolves are after him. In short, they believe that the Trump-genda is seriously at risk and therefore the market, and its not-so-humble valuation, are due for a serious correction. But I've never believed this rally was primarily about the White House. Nothing DC did created monster earnings growth in Technology that drove the Nasdaq up 18%. And so, my first thoughts are that even a political crisis won't derail that growth. Regs and Taxes Still, there's a lot to be said for the potential loss of 2 agenda items: repealing Dodd-Frank financial regulation and corporate tax cuts. I had thought both of these were important, but not crucial this year. And they were already getting pushed into "next year... maybe " status. But bank stocks fell hard today on fears of "never." Until I decipher these competing market catalysts, let's hear from one group of investors who have many ears to the ground in the Finance sector. Tracy Ryniec follows their moves weekly and she's got the "inside" scoop... [The Bank Insiders Were Buying: Did You?]( Best, Kevin Cook Senior Stock Strategist, Zacks Investment Research Sponsor [These Insiders Know Something You Don't]( Why are insiders suddenly buying up company stock shares with their own money? According to legendary investor Peter Lynch, that when major officers buy shares of their own companies, there's only one reason: They expect the stock price to go up. Zacks distilled a handful of the most compelling insider stock purchases, and is opening them to public view – but only until Sunday, May 21. [See the stocks now >>]( Most Popular Articles from Zacks.com [5 Stocks with the Hottest Earnings Charts]( Who needs to beat earnings? These stocks are pushing new highs heading into their earnings reports. [Read More »]( [Were Q1 Earnings Results Really Good?]( While Retail results disappointed, the overall picture emerging from the Q1 earnings season is one of broad-based strength and momentum. [Read More »]( [Tech Stocks Still Rule: Here's Why]( Tracey Ryniec and Kevin Cook were surprised by the tech buys of some of the big fund managers in the first quarter. [Read More »]( [Wood Stocks Are Burning Up The Charts]( Earnings estimate revisions are growing for 5 of the 10 stocks in a specific sector that we drill a little deeper into. [Read More »]( [5 Industrial Stocks to Buy as Output Hits Fastest Pace in 3 Years]( In April, industrial production increase at its fastest pace since Feb 2014. [Read More »]( Sponsor [Free Book: Finding #1 Stocks]( Today you can claim a copy of Finding #1 Stocks by Kevin Matras (a $49.95 value) free of charge. This 300-page hardbound book unfolds almost every stock-picking secret from the Zacks system that since 1988 through 2015 has nearly tripled the S&P 500 with an average gain of +26% per year. That incredible performance has been examined and attested by the independent accounting firm of Baker Tilly Virchow Krause, LLP. You can take full advantage of that system without attending a single class or seminar in a lot less time than you think. [Learn more now >>]( [Bull of the Day: KLA-Tencor (KLAC)]( The chip maker reported excellent results, beating on both the top and bottom lines. [Read More »]( [New Zacks Strong Buys for May 18th]( 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) [Terms]( | [Privacy]( | [Unsubscribe]( [Zacks] You are registered to receive this "Profit From The Pros" e-mail newsletter at {EMAIL}