The Latest Breaking News from Steve Reitmeister

Are you impressed by the recent rally for the S&P 500 (SPY)? Steve Reitmeister points out why this may yet be another sucker’s rally before the next leg lower. This is especially true as we come into the next Fed meeting on Wednesday 6/14. Get Steve’s updated market outlook, trading…

Along with the robust consumer demand for efficient connectivity, technological advancements could keep the telecommunication sector buoyed in the foreseeable future. However, given AT&T’s (T) mixed financials, should investors buy, sell, or hold the stock? Read on to find out….

With rapid digitalization transforming how we communicate and work, the internet industry is poised for remarkable growth in the foreseeable future. Amid the industry’s bright growth prospects, fundamentally sound internet stocks Shutterstock (SSTK), Perion Network (PERI), and Liberty TripAdvisor (LTRPA) could be ideal additions to your portfolio. Keep reading….

With the growing popularity of sports and fitness, it could be wise to invest in Skechers U.S.A.(SKX), Malibu Boats (MBUU), and Gaia, Inc. (GAIA), which present an exciting opportunity for investors looking to invest in the dynamic world of athletics this month. Learn more….

Despite challenging economic conditions, the consumer staples industry, of which grocery stores are a part, is expected to perform steadily due to the inelastic demand it enjoys. Therefore, it could be wise to buy fundamentally strong grocery store chain stocks Walmart (WMT), Kroger (KR), and Sprouts Farmers (SFM). Read more.

The energy sector is well-positioned to witness significant growth this year due to the oil price tailwinds from supply cuts. Given this backdrop, quality energy stocks Weatherford International (WFRD), Euronav (EURN), and North European Oil Royalty Trust (NRT), which look poised for growth, could be wise portfolio additions now. Read…

The bull/bear debate may finally get resolved in June by focusing on 4 key events on the economic calendar in June. Steve Reitmeister shares his views on what happens next and why the S&P 500 (SPY retreating to October lows, or lower, is the most likely outcome. Get full details…

40 year investment veteran Steve Reitmeister does not buy the bullish argument that is gaining speed as the S&P 500 (SPY) closes above 4,200. In fact, he says the set up for a serious correction and thus warns investors not to get SUCKED into this rally as the rug is…

The 6/1 debt deal deadline seems to loom large for the stock market (SPY). Yet that is nothing more than a side show and distraction from what really matters. 40 year investment veteran Steve Reitmeister explains what investors need to focus on to stay ahead of the market in the…