The seesaw market continues as investor worries linger. Our data still points to further equity weakness as stocks remain in a downtrend. But there are bright spots under the surface…more on that in a bit. Earlier this week I learned that Japan found 7,000 new islands. After a recount, geographers learned of these new landmasses… Read more »
The downtrend in equities continues. For weeks our indicators have pointed to softening prices, nailing the latest pullback in stocks. But there’s a silver lining. Selloffs eventually reach extreme points, prompting a high-probability bounce. Today I’ll make the bullish case for Utilities stocks. History points to a great risk/reward setup for the sector. Read more »
Markets ebb and flow like waves in the ocean. Eventually there’s a crest, which prefaces a downward pull. That’s where we are in the data. Stocks are facing overhead supply. Just 2 short weeks ago, our rare overbought signal triggered. It’s an indicator pointing to extreme appetite for stocks. It rarely lasts and often forewarns… Read more »
Stocks are off to a strong start in 2023. The S&P 500 has jumped 8% YTD, mainly powered by growth-heavy groups like Technology and Discretionary. The ongoing surge in stocks has pushed our Big Money Index into overbought territory, which could worry some investors. But today’s message is simple: Don’t fear an overbought market. Read more »
You can feel the excitement in the air. Portfolios are springing back to life. However, near-term caution is warranted: Stocks are officially overbought. This article is accessible to Pro memberships. Continue reading this article with a Pro Subscription. Already have a subscription? Login. Read more »
“Just when the caterpillar thought the world was over, it became a butterfly.” – Anonymous That’s the echo of the markets lately. Just as the bears unanimously settle on impending market doom, a vicious rally is born. Excessive pessimism breeds opportunity. Our data signals extreme appetite for stocks in 2023. This article is accessible to… Read more »
I’ve learned to never get surprised at market action. Right when consensus decides that a sector is set for doom, value hunters pounce. New uptrends emerge. That’s how markets work! Today, we’ll cover the changing sector tides and zero-in on new signs of life. One look at our data and you’ll see that investors are… Read more »
When you sift through thousands of ETFs each day, you’re bound to spot a trend. This year is no exception, with global equity ETFs attracting massive inflows. Today I’ll break down the top 4 European ETFs in 2023. This article is accessible to Pro memberships. Continue reading this article with a Pro Subscription. Already have… Read more »
The new year is off to a great start. The S&P 500 has gained 3.4% year-to-date. A handful of groups are attracting capital. Our data reveals those trends. Today, I’ll show you the top 4 sectors in January 2023. This article is accessible to Pro memberships. Continue reading this article with a Pro Subscription. Already… Read more »
Each year, the market brings new opportunities. Trends develop as money is put to work. Today I’ll circle back on our top 5 most accumulated stocks in 2022. My hunch for 2023 is that many of the best performing stocks yet to be revealed will have a recurring bid for their shares. Even in last… Read more »