Chris Gessel, chief strategy officer at Investor's Business Daily, shares his five tips for beating the markets in 2018. Gessel doesn't expect to see a severe correction in 2018.
Gessel's five tips are as follows: 1) The S&P is liable to remain up, just maybe not as high. 2) Watch out for sector rotation. 3) Position yourself for a rally. 4)Take advantage of the opportunities inherent in a correction to make smart buys. 5) Remember that a prolonged rally alone doesn't lead to a nasty correction.
Gessel doesn't anticipate any big events in 2018 that could impact the markets. He also isn't worried about the markets as long as growth continues and earnings reports stay positive.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.