Market Views
Bullish; Time for Strategic Buying
With the emerging markets outlook continuing to improve, investors shouldn’t worry about the lack of upside catalysts in the coming months. The U.S. stock market is still benefiting from strong corporate earnings momentum and equally strong internal momentum on...
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Top Picks 2018
Congratulations to our Top Picks for 2018! The broader markets started 2018 off with a bang. But Washington politics—including the Mueller investigation, a turnover in the House, tariffs creating consternation in China and Canada, Trump’s coziness with North Korea, and the well...
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Market Views
In Recovery
Larger stocks led this week’s comeback with growth stocks picking up the most interest. Our FAANG Index bounced off its low, however I am still expecting a long recovery time for these stocks. For the market as a whole we have a..
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Market Views
Can Go Either Way
Resistance for the QQQ remains between 172.00 and 174.00. Support is between 165.00 and 168.00. A break below 165.00 would imply 162.50 is likely. A break below 162.50 would suggest the low on 10/29 at 160.09 will not hold a..
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Market Views
Looking for a Sharp Pullback
Predicting exactly when the market will bottom is always a random guessing game at best. I offer no forecast as to when, or at what level, the major averages will hit their final lows. Based on the huge in...
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Wall Street’s Best Editor’s Note: As the stock markets continue to set records, market pundits and investors alike are wondering if we are near the top and should ‘keep our powder dry,’ take profits on our more speculative holdings and begin to concentrate a..
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The markets have certainly given us a hair-raising ride since last month. Although the Federal Reserve’s decision to bump up interest rates was already priced into the market, the headwinds of China sent global market exchanges into a tailspin.
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One might wonder if the exceptionally strong rally off the summer correction could negatively impact seasonal strength this year. The S&P 500 was up 8.3% last month—the fifth best October market performance since 1960.
Historically, strong summer-end rallies have rarely detracted from emerging seasonal in...
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The top five holdings in this financial exchange traded fund are Berkshire Hathaway Inc Class B (BRK.B, 8.66% of assets), Wells Fargo & Company (WFC, 8.55%), JP Morgan Chase & Co. (JPM, 7.71%), Bank of America Corporation Com (BAC, 6.12%) and Citigroup, Inc. 5.50%).
Financial...
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The blue chip market indexes have marched steadily higher over the past three months, despite the annual admonitions from “Sell in May” advocates. On an equally positive note, economic data has also strengthened since early this year, and our...
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The Market Outlook section of our latest Investment Digest issue featured the chart below, from InvesTech Research. In addition, InvesTech Editor James Stack wrote: “The greatest profits in a bull market are made by long-term investors. Yet new highs in an aging bull market tend...
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After a super-strong January, the major indexes spent February consolidating their gains—with increasing volatility toward the end of the month. But even after the last week and a half, the major indexes all ended the month with slight gains; the S&P was up for...
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After a super-strong January, the major indexes spent February consolidating their gains. Technically, the rally is still intact.
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After two straight years of summer swoons in the stock market, "Sell in May and Go Away" has become one of the most popular sayings on Wall Street. And with markets down between 5% and 9% for the month so far, the Sell May...
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Dividend Aristocrats are stocks that have increased their dividends every year for at least 25 consecutive years.
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Last week I highlighted some of the most interesting issues of Investment of the Week from the last six months. This week, I have highlights from July through last December (when we began Investment of the Week). On July 5, I wrote about an new...
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The last five months have been great ones for the market, with all the major indexes powering relentlessly upward, and many individual stocks doing even better. For most of that time, everyone was happy just to hang on and make money—after all, that’s goal...
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Microsoft was a top pick for 2011 in both of the Dick Davis Digests.
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Last week, I went snowboarding in Vermont for a couple days. I booked my hotel room at the very last minute, only a couple of hours before I left on Wednesday. There were a few reasons for my procrastination, including a blizzard menacing Northeast...
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When the technology bubble burst in 2000, many investors held onto their stocks even as they plummeted, believing in the mantra of time, not timing. In the end, it’s market timing indicators and having sell disciplines in place that count.
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