Important Market TOP Forming? The charts have turned VERY ugly even as the news remains relatively benign. It’s tempting to blame the recent market volatility on the ups and downs of the prospects for a US/China trade deal. The timing of the sudden market plunge points the finger squarely at Trade Tensions. “Trade Tensions […]
Triple Peaks For Stocks? Market conditions seem to have turned on a dime. Just 6 trading days ago, several major indexes were grinding to new highs and threatening to go much higher. Then came the flare-up in Trade tensions with China and suddenly the health of the markets took a nasty turn for the worse. […]
New Market All Time Highs Dead Ahead and More Trades For the Next Leg The notion that the Federal Reserve is stoking another Asset Bubble looks more correct every single day. “Federal Reserve Stokes Another Asset Bubble”. (https://markonomics101.com/2019/03/22/federal-reserve-stokes-another-asset-bubble/). First the Cryptocurrencies resurrected. “Cryptocurrency Sector Explodes Higher”. (https://markonomics101.com/2019/04/06/cryptocurrency-sector-explodes-higher/). Bonds are already near their all time […]
The Importance of Setting Trading Limits On Social Media, many of our recent posts and predictions have been questioned. There is doubt that an asset bubble, or series of them, is forming. Most analysts still believe that interest rates will be unchanged. In contrast, we recently made a case for the potential of an immediate […]
Trades for The Next Leg Up in the Bull Market After the frightening plunge in Stocks on Friday, the action today could NOT have been better. Major equity indexes, which spent most of the day lower, closing in positive territory. Even more encouraging was the Russell 2000 Small Cap Index (RUT) which was the […]
The Incredible NON-Credible Fed Three months ago, the Federal Reserve expected to raise interest 3 times in 2019. At the conclusion of the Fed Meeting on March 20th, the Fed announced that it expects NO rate increases as far as the eye can see. Chairman Jerome Powell also announced a MUCH earlier termination of […]
Deja Vu All Over Again? In 2018, the Nasdaq 100 (NDX) led the other indexes to ALL TIME HIGHS. In 2019, the NDX is leading the other indexes to NEW ALL TIME HIGHS. Nearly the entire gain in the NDX through its highs in October of last year was concentrated in just 4 stocks. […]
Major Indexes Continue Record Surge The Nasdaq closed higher for the 10th straight week last Friday, the longest such streak in 20 years. During that time, it gained 21%. The panic and freefall during December are replaced by complacency and greed. It’s an Alfred E. Neuman type of market. “What, me worry?” Every major index […]
Markets Surge on Various “Optimisms” News that a tentative Budget Deal was reached hit the tape Monday evening and sent overseas markets higher. By the time the closing bell rang in New York yesterday, the Dow Industrials (Dow) gained a cool 373 points. In a BULL Market, EVERYTHING is “GOOD” news. Markets rally when the […]
Semiconductors Breaking Away Despite Bad Earnings An attribute of BULL Markets is the ability to rally in the face of bad news. Usually, that means that bad news has already been taken into account and available sellers are exhausted. Semiconductors have not only been reporting lower earnings but reducing estimates for 2019 and 2020. Despite […]
