If the U.S. doesn't slip into a recession in 2019, the stock market will produce positive returns.
That's according to history.
In the past 35 years, the U.S. has seen 15 years in which GDP growth slowed considerably. In only three of those years did the S&P 500 see negative returns, according to Alger Management, an ivestment fund serving both institutional and other investors. But here's the catch: those three years of negative returns were during recession years -- 1990, 2001, and 2008.
If we see positive GDP growth in 2019, the S&P 500 should see positive stock returns as well.
Nvidia Corp. (NVDA - Get Report) will report earngings on February 14 after the closing bell. The company revised down its revenue estimates back in January from the quarter to $2.2 billion from $2.7 billion.
Hasbro Inc. (HAS - Get Report) saw its shares fall as much as 3% Friday, but settled to a loss of 1.7% to $88.70, after it posted disappointing quarterly results. Hasbro was RealMoney's stock of the day. See Kevin Curran's all-day coverage of the toy maker, which saw rough sales results as Toys R Us, one of its main retailers liquidated.