Guest: Sam McElroy, co-founder of “@Financial and @Financial Investments”, discusses with Kurt Schemers and Don McKelvey on Traders Nation® how Consumer Confidence spiked as Labor Market Sentiment approaches a record high. Jobs numbers are looking good and economic figures such as GDP were higher than forecasted. Discover what is driving these numbers and sentiment in the market and is there enough steam to keep this trend marching along.
McElroy pumps the brakes a little on a “good vibe” sense with a healthy approach of skepticism as businesses are reorganizing their infrastructure, and in some instances, entire divisions are being dismantled. Get all the details as McElroy outlines his cautionary counter-argument for an economic outlook.
Stock Talk: Schemers and McKelvey bring payment processors to the front as they rollover off their 52 week highs. Certainly, some profit-taking is going on, but the goal is to offer up commentary of support and potential pivot points for those looking to make a good entry into the payment arena. Towers remain in focus as a staple for almost any market condition. Get the numbers, details, and charts – tune in today.
Stock List: $AMT $CCI $SBAC $SQ $PYPL $V $MA
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