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 […]
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 […]
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 […]