Stocks have had an amazing run. The S&P 500 rallied 22% from its late October lows. It’s north of 5000. That’s one of the steepest 3 ½ month rallies of all time! Regular readers know we’ve been bullish the whole way. But it’s time for stocks to catch their breath. Today, we’ll show you how… Read more »
Last year’s Tech-heavy rally was an either-or year. Essentially, the Tech bet worked much better than everything else. This year we see the pendulum swinging the other way with more participation across the board. Today, we’ll unpack that viewpoint a bit and cover why macro drivers signal a broadening rally in 2024. AND we’ll zero… Read more »
2023’s turned out to be a much better year than most investors expected. A year ago, Wall Street predicted just 7% market upside with the S&P 500 finishing 2023 at 4100. We showed you Why Stocks Can Be a Good Bet in 2023. Fast forward 12 months and the S&P sits around 4560 up 20%… Read more »
Stocks have been on a wild ride, gyrating up, down and all around. On October 9th, we told you a massive buying opportunity was looming as the BMI plunged into oversold territory. Fast forward a month and despite all the crazy chop, the S&P 500 is 3% higher and 7% off its October 27 low…. Read more »
It’s getting ugly out there. Equity selling pressure is intensifying. We are reaching the point to disregard the rate scare and buy stocks now. In late July, we initiated our pullback narrative when our Big Money Index (BMI) peaked out at a scorching 83.9. Stocks never do well in the short-term when the BMI gets… Read more »
After a great run, stocks are finally seeing healthy profit taking. Last month, we enforced our pullback narrative after the BMI hit a scorching 83.9 on August 1. Stocks never do well in the short-term when the BMI gets that hot. Today, we’ll show you why rising interest rates won’t kill stocks. We’ll cover what’s… Read more »
The media has been love-stricken with mega-cap technology stocks this year. After a mammoth runup, it’s not surprising. It’s now become the mainstream view, making it less appealing. There’s a bigger opportunity in smaller unloved equities. If you’re curious on when to bet big on small caps, history points to NOW. Look, fans of MAPsignals… Read more »
They say that stocks climb a wall of worry. It’s true. Rarely is the march higher in equities a cakewalk. The latest harbinger of equity doom is that weak breadth is a reason to be bearish. Those claims don’t hold water when you study the data. Here’s the deal: Narrow leadership means more pain for… Read more »
Tech’s been on fire. It’s up 35% YTD, almost triple the S&P 500’s 12.5% gain. Tech’s been MAPsignals’ top ranked sector all year. Strong earnings growth will fuel the tech rally. The S&P 500’s overall direction tracks tech because the sector’s so big at 28% of the index. Add in communications services – home to… Read more »
Growth stocks have crushed it this year. The S&P 500 Growth Index is up 11%. Technology and discretionary, MAPsignals’ two highest ranked sectors, have led the way. But with recession worries still swirling, many worry the rally can’t last. Based on historical data, growth stocks still have legs to run. Today I’ll show you why… Read more »