It’s been another constructive and encouraging week for the market in our view. As we write this morning, the S&P 500 and Nasdaq aren’t up much on the week (0.4% or so), but given that we just had five weeks in a row the...
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It's been a decent week for the market, though nothing amazing—just about all major indexes are up 0.5% or less after hitting or approaching new highs in recent days.
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It’s been another decent week for the major indexes—the S&P 500 and Nasdaq are up in the 1.25% range as of early Friday, with both sitting at all-time highs.
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It’s been mostly more of the same this week, with solid action among the major indexes (S&P 500 and Nasdaq are up a bit less than 1% as we write this), while the broad market has done OK (the number of new highs picked...
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Less Remains More
Way back in the day the late, great Joe Granville once said that “the market is the train, and I’m the caboose,” which is a good summation of our general philosophy over the years. At heart, we’re trend followers, getting heavily when...
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The market’s had another rotational week—the big-cap indexes have done OK (S&P 500 and Nasdaq up around 1%), small-cap indexes have done even better (up nearly 2%), but growth stocks have suffered another round of heavy selling, with many falling to new correction lows.
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The ping-pong action of the market has continued this week, with quick, sharp fluctuations based on daily (and often intraday and even overnight) news and rumors of the progress (or not) of the U.S.-China trade negotiations, including this morning’s good-looking pop. Frankly, we encouraged...
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Patience Precedes Profits
We regularly write about practicing patience with your winning stocks, and that will always be a key factor in making big money—unless you’re a savant, you’ll find that many of your trades will offset over time (small losses, break-evens, small wins, with...
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For most of September, the trend of the major indexes was tilted up, but it was still hard to make much money—just about any stock that was near its peak stagnated and, eventually, hit an air pocket. Meanwhile, stocks that enjoyed solid advances a..
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Aggravation-to-Profit Ratio: High
Everybody loves a persistent uptrend in growth stocks, especially us; we know how to find the winners and ride them for the majority of their advance. That’s where the real money is! And while we don’t ever root for a big we...
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It’s been a very interesting week to this point, with another round of heavy selling (especially in growth stocks) as a new uncertainty arose (impeachment), bringing many indexes back down to intermediate-term support.
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Following last week’s vicious rotation, this week has been refreshingly quiet. As of Friday morning, both the S&P 500 and Nasdaq are nearly unchanged on the week (up a smidge). Considering we’ve had some worrisome headlines (especially the Saudi oil attacks), we take calm...
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The rotation that we started to pick up on a couple of weeks ago was unleashed late last Friday and the first couple of days of this week, with just about any stock and sector that’s enjoyed a good run this year coming pressure—including...
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Mixed Messages
The market is never easy to read, but the past week has been about as confusing as you’ll ever see. On one hand, leading stocks have been taken to the woodshed. Software and cybersecurity, which were two of the best performers this have...
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There remains a lot of news-driven action and crosscurrents, but when looking at the major indexes, the market’s had its second straight constructive week. As we write this, both the S&P 500 and Nasdaq are looking at 1.8%-ish gains in the holiday-shortened week.
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As for the market, it’s been an interesting week and a crazy month. After last Friday’s plunge, stocks have bounced back strongly, with the S&P 500 and Nasdaq both up more than 3%.
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Lots of Drama, But the Evidence is Unchanged
August is winding to a close, and we say good riddance—this month has packed in as many dramatic market-moving headlines as any we can remember due to developments in the U.S.-China trade battle, speeches from the Reserve...
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The market was mostly quiet (though also mostly positive) for the first four days of the week, though volatility picked up today after some additional tariffs from China and Fed Chair Jerome Powell’s speech in Wyoming.
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It’s been a mostly sour week, with the S&P 500 and Nasdaq down 1.5% to 2% even after this morning's gap up, and small-cap indexes down a bit more than that. Most indexes are testing their lows from last Monday, and the intermediate-term continues...
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Play Some Defense
Usually, when the market is doing well, stocks aren’t affected much by the news of the day. That’s not to say individual stocks don’t get pushed around, but for the market as a whole, worrisome headline news usually goes the way water...
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