Sellers Still Lurking
The first three and a half weeks of October were brutal, with the S&P 500 (down 11%) and Nasdaq (down 14%) cascading significantly, turning both our Cabot Tides and Cabot Trend Lines bearish as we raised a boatload of cash. But those...
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As marijuana stocks continue to explode, exchange-traded funds want in on the action. There are three marijuana ETFs to buy now - and two more coming.
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Over the Falls
During the past few weeks, we’ve seen huge up days, crushing down days, dramatic reversals (like today’s), big earnings gaps (up and down) and a slew of big-font headlines ranging from U.S.-China trade rumors, views from Fed members concerning rate hikes, resignations...
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Market Views
Fear Index Up
The Dow sunk over 600 points yesterday, and the tech-rich Nasdaq also gave up triple digits, as Apple (AAPL) stock plummeted after another iPhone supplier warning. In addition, fellow blue chip Goldman Sachs (GS) suffered steep losses, pacing a broader decline...
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Warren Buffett can't buy small-cap stocks any more. If he could, here's one small-cap stock from his go-to sector that he would love.
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Positive Action, but Need to See More
After a hellacious October that saw many indexes, sectors and stocks crash over a three-week period, the past week and half has been a welcome relief. With today’s solid post-election rally, the S&P 500 and Nasdaq have about...
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Market Views
Time to Trim Riskier Options
Most major market indexes were back on the move higher on Monday, led by real estate, consumer staples and utilities. Shares of technology companies were not participating, however. Nor were energy producers. And healthcare companies’ shares were largely combination...
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Market Views
Selling Elevated this Week
Among the Buying Climaxes (74), the Retailing sector featured heavily and among the Selling Climaxes (203) were Autos, Buildings and Precious Metals featured.
Buying climaxes take place when a stock makes a 12-month high, but closes the week with a They...
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Market Views
All Clear
The Russell 1000 version of the advance-decline line made a new high this week, see chart below. In the absence of other evidence, we take each new high in the advance-decline line as a sort of ‘all clear’ signal. We remain on...
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Mid-Year Top Picks
Congrats to the Top Picks 2018, Mid-Year
The Dow Jones Industrial Average has gained about 1.4% for the year, which as you can see from our Top Picks table above, doesn’t come close to the gains of the big winners that our selected...
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One of our stocks has lackluster performance and pattern of lower lows and lower highs, it’s time for us to move on and sell. Our capital will be better invested in the new pick, and I have several viable candidates on my watch list!
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Market Views
Looking for Higher Prices
The most positive thing one can say about the $SPX chart is that the major downtrend lines have been broken, and the gap at 2750 has been filled. Beyond that, the bulls have had to be satisfied with small but...
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Market Views
Market Breadth Positive
Breadth was negative with -381 net advances on the NYSE and -244 net declines on the Nasdaq. Preliminary new highs on the NYSE were 119 and 32 new lows. The Nasdaq had 150 new highs and 31 new lows. It’s good...
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What’s Your Top Small-Cap Fund?
The other day a relative asked me if I knew of any good small-cap funds that I would recommend for the next 10 years.
My first thought was to offer up my pick for a tried and true fund, the S&P...
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Market Views
Optimistic but Cautious
Last week was a constructive one for the market, with the major indexes tacking on gains and many potential leading stocks shaping up. Moreover, this builds on some other positive pieces of evidence, such as the positive divergences seen in broad...
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Market Views
Bullish, but Choppy
The relative strength of small stocks is trying to turn higher, while growth stocks continue to lead value by a solid margin. With the Value Line Geometric Index at 564.37, the Value Line Plan remains in the market with a sell...
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Market Views
Caution; Watch for Resistance
Indices have recovered; the S&P 500 encounters potential resistance at 2750.
The IT sector tests recent highs, Consumer Discretionary encounters top of medium-term relative range.
Our outlook remains cautious as indices rally into previous highs.
John Gray, Investors Intelligence, www.investorsintelligence.com, 914-632-0422, February 2018
The...
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Lots of uncertainty around marijuana, but the profit potential looks very attractive. Investors unsure of individual stocks may want to take a look at this ETF.
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Congrats to the Top Picks of 2017
Investors found a lot of extra gains in their 2017 stockings—all year long. Including dividends, the broad market gains were Dow Jones Industrial Average: 30.20%, S&P 500: 23.34% and the Nasdaq: 30.04%.
While those returns were stellar, our surpassed...
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Market Views
We’re in the Sweet Spot
We’re currently in the “sweet spot” of the intermediate-term rally which began last November. This is the point where upside momentum has become so established that stock prices can be pushed higher with only minimal effort on the of...
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