Replay: 10/1 Reitmeister's Strategy Session Webinar

NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

SPY – The upcoming trade talks and weak ISM Manufacturing reports spells downside risk for SPY and the rest of the market. That is why my stock of the week is an inverse ETF. Learn more below.

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On Tuesday October 1st we recorded the next installment of the free investment webinar series: Reitmeisters Strategy Session.

Steve Reitmeister covered the following vital topics:

  • Market Outlook: Why China Trade is still the key to where the market heads next. But lets not forget the economy matters too like the surprisingly weak ISM Manufacturing report.
  • Trading Strategy: Why there is greater risk to the downside with Steve recommending that investors be only 70% long into the October 10th round of trade talks. Plus insight on the mix of stocks in your portfolio…and what stocks to avoid at this time.
  • Q&A: Lots of great questions from customers were tackled like the outlook for gold. How much it would hurt the economy if no trade deal emerged with China. Is now a good time to raise cash? And much more.
  • Stock of the Week revealed: In fact, Steve recommended an one of a kind inverse ETF that soared 2% on Wednesday.

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SPY shares . Year-to-date, SPY has gained 16.87%, versus a 16.87% rise in the benchmark S&P 500 index during the same period.

About the Author: Steve Reitmeister

Steve is better known to the StockNews audience as “Reity”. Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the Reitmeister Total Return portfolio. Learn more about Reity’s background, along with links to his most recent articles and stock picks. More...

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