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.
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Morningstar equity analyst Nicolas Owens explains Boeing's latest earnings, deliveries, rising fuel costs, and what they mean for airlines and investors.