Stock News: The 2019 Outlook for the Market Looks ‘Solid’

Stock News: The 2019 Outlook for the Market Looks ‘Solid’

Posted On December 31, 2018 11:42 am

Stocks stumbled and fell badly at the end of 2018. But, solid fundamentals suggest they should regain their footing in 2019.

The 2018 numbers are in the books and they aren’t pretty; the nine-year win streak was broken as most major indices were down around 7% — the worst December in 11 years. It was the first year that four major asset classes, stocks, bonds, commodities, and real estate, all declined. All of this has led to a…

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About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.