Make Money Trading The News

At SlingShot Trader we help subscribers make large, quick profits trading the news. Not every news story is worthy of a trade. In fact, very few are. But with our proprietary screening mechanism — the SlingShot Profit Screen — we cut through the noise to find the high-velocity trades that will put money in your pocket. LEARN MORE ›

Latest Webinar: May 16, 2018

Topics discussed: The recent breakout from the “symmetrical triangle” pattern on the S&P 500, why the chances are pretty good that the breakout will be sustained, what we are observing... Watch It Now ›

John Jagerson
Editor, SlingShot Trader

Wade Hansen
Editor, SlingShot Trader

Weekly Update: May 16, 2018

Most of the current arguments against the stock market rising to new highs are that we have hit the peak in terms of earnings, jobs, revenue or some other financial measures. That may turn out to be true, but we can’t be sure about troughs and peaks until the turn has already begun.

Part of the problem may be how some investors are perceiving the data. For example, a frequently referenced chart of the unemployment rate shows that extremely low readings occur just a few months before recessions. However, that is only true if we assume that reaching a low rate is the benchmark, rather than reaching a low rate and then turning higher.

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