Trade Smaller Avoid Some Losses

Stocks are under pressure to start the week. Rob Fleming discusses what to watch in the economic calendar. He notes that Tuesday investors should look for PMI Composite Flash, Existing Home Sales, and Wednesday look for MBA Mortgage Applications, Redbook, and FOMC Minutes. He talks about how Q4 earnings season will wrap up with heavyweights from retail sector. He mentions that we continue to think the economy will suffer from rolling recessions, evidenced by the fact that corporate earnings growth is now entering its downturn (nearly a full year after housing entered its own recession). As for trader strategy he notes trading in smaller lots. Sure you may leave some potential profits on the table, but you’ll likely also avoid some losses. Tune in to find out more about the stock market today.