Posts Tagged ‘sectors’
Headlines Talk Market “Crash”, Should You Be Worried?
If you’ve kept an eye on market news headlines over the past month, even casually, you’ve probably seen a lot of “doom and gloom” predictions. Of course, this is nothing new. The media loves a good sensationalist story with a catchy headline, and a quick scroll through anyone’s newsfeed is likely to turn up at…
Read MoreAre Financials Back on the Upswing?
Financial stocks continue to rise this week, adding to the possibility that a bottom may finally be in for the #2 ranked U.S. sector. Financials have been a beaten down sector since the February market correction, forming a series of lower highs between March and mid July and creating a descending triangle pattern (as seen…
Read MoreRelative Strength in 2018
In spite of all the tariff talk out of Washington and continued volatility on Wall Street, the second quarter ended in the green for a large swath of the US Equity marketplace. Both the cap weighted SPDR S&P 500 ETF (SPY) and the Invesco, S&P 500 Equal Weight ETF (RSP) – both of which are…
Read MoreMarket News: The Financial Sector
The surprising results of the 2016 Presidential election lit an inferno under the Financial sector. In September 2016, just months prior to the 2016 election, Financials were ranked dead last on a relative strength basis (#11 out of 11). By October 28, 2016, they had jumped to #5 and – just after the election…
Read MoreWhere Will We See the First Big Blockchain Profits?
A lot of the blockchain news today is focused on the future of transaction processing. Lots of companies are concentrated on this and claiming their model will solve problems with transaction fees or transaction times… But, contrary to popular belief, this isn’t where the hot action is right now and it’s not necessarily what “Blockchain…
Read MoreGlobal Relative Strength Conditions, 4/19/2018
U.S. Equities are still the #1 ranked Asset Class by relative strength. Within U.S. Equities, Technology remains the #1 strongest sector, and Financials remain the #2 strongest sector on a relative strength basis. Industrials are still #3. International Equities are the #2 ranked Asset Class. They continue to close the gap on the leader (U.S.…
Read MoreGlobal Relative Strength Conditions, 4/12/2018
U.S. Equities are still the #1 ranked Asset Class by relative strength. Within U.S. Equities, Technology remains the #1 strongest sector, and Financials remain the #2 strongest sector on a relative strength basis. Industrials are still #3. International Equities are the #2 ranked Asset Class. They continue to close the gap on the leader (U.S.…
Read MoreThe DOW plunged — is it time to be fearful?
Tuesday morning there was an email in my inbox with the subject line, “Sell, sell, sell.” I have to admit, it got my attention. It was a dire warning from a contrarian investment “guru” forecasting the end of the bull market — and the world as we know it. If you sold some stock near…
Read More