The long-term trend for stocks remains up, but shares could experience a short-term correction which, if it materializes, may be…
Continue ReadingAugust 15 COVID-19 Test Results
The US is now mostly reporting over 700,000 tests per day. Based on the experience of other countries, the percent…
Continue ReadingWeek Ahead: These Are Two Concerning Factors For NIFTY; RRG Chart Show Dearth Of Sectors In Dominant Position
This was a week when the markets perfectly respected the technical levels; took a breather and ended with a minor…
Continue ReadingDelivery Services Is Dropping This Small Cap Winner Off At Your Door
I’m not sure if there’s a hotter group right now than delivery services ($DJUSAF). Both United Parcel Service (UPS) and…
Continue ReadingTrump holding up coronavirus stimulus checks to block mail-in voting?
It is now clear that there won’t be any coronavirus relief package this week or possibly this month as well.…
Continue ReadingSchedule for Week of August 16, 2020
The key reports this week are July Housing Starts and Existing Home Sales. The BLS will release the preliminary employment…
Continue ReadingIs It a Pullback or Something More? The Recent Selloff in Top Growth Stocks Reminds Us to Stay Sharp
The recent rotation our of high-growth stocks and into economically sensitive cyclicals has created some unique opportunities to purchase select…
Continue ReadingHere are 3 of the Fastest-Gaining Momentum Stocks
Over the past five months, since that March low, we’ve enjoyed many stocks’ relentless pursuit to the upside. I know…
Continue ReadingLA Area Port Inbound Traffic up Year-over-year in July
Note: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago), and some…
Continue ReadingWhat Would Change My Mind on This Market
The last five months of market history are a blur for me. Back in mid-March, the S&P 500 was in free…
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