Posts Tagged ‘SPX’
These “Stay At Home” Stocks Are Killing It
Government efforts to “flatten the curve” and thwart the advance of COVID19 has resulted in unprecedented unemployment. (Click any image to enlarge) Yet, in the face of record unemployment, one sector is bucking the trend. Success is all about recognizing where the strength is and where it’s not. Today, Financials and Industrials continue to struggle,…
Read MoreBetting on the Winners – Before the Race
Saturday, May 4th, marked the 144th running of the Kentucky Derby – dubbed the most exciting 2 minutes in sports. This year’s running lived up to its billing and was not without its share of controversy. At the end of the day a horse named Maximum Security won the race – or so we thought.…
Read MoreS&P Tests Key Support Level, But Issues Loom
The S&P 500 is inching ever closer to the 2,800-2,815 range, a key support level that hasn’t been breached since November 8th of 2018. As we discussed last week, a lot of the positive market action we’re currently seeing is due to general optimism and good news out of Washington, mostly surrounding the U.S./China trade…
Read MoreRelative Strength in Emerging Markets
The saying about Brazil is that it’s the country of the future — and always will be. Despite enormous natural resources, it has long shown the ability to waste its potential. But recently, the Brazilian economy has been on a tear. Despite political dysfunction and corruption scandals aplenty, the country has seen a boost from…
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