Tuesday was not a good day for the market, particularly tech stocks. What happened and what am I expecting to see happen next? First, let’s talk about what just happened to tech. With a report that Apple iPhone sales fell 24% in China, which followed a $2...
The market just keeps plugging higher. Is it wrong? Every time we see a higher-than-expected inflation number, it seems that the market gets scared. Financial media starts discussing the possibility of fewer rate cuts, and slower potential growth as a...
What a start to the week! After a very bullish run in the market to end last week, Tuesday’s CPI number put a real wrench in the rally, causing a 1.5%+ pullback in tech and more than a 4% pullback in small caps. These kinds of moves certainly illustrate why it’s...
The market continues to show how resilient it can be. Whether the FOMC decision has a few questionable sentences or a large company like Apple has less-than-perfect earnings, the market overall continues to find a way to keep going higher. As I watch the market...
The market continues to show firmness, particularly from the tech sector. However, there are sectors showing minimal gains, and others showing weakness. So, with tech continuing to lead, what’s next for the market and what sectors am I focused on now?...
It’s a tale of two markets to start the year. As we look at some sectors, one would think the market bull is still in control. However, others illustrate a potential for a more major liquidation than seen so far. So, who’s right – the bull or the...
As the new year begins, we’re certainly seeing some portfolio allocations changing. Tech stocks were weak to start the year, which isn’t surprising given the incredible run that technology stocks have had for years. But now, it seems that investors are...
It’s the end of the year, and it’s time to really hone in on those trades that could perform for the start of 2024. We’ve had quite a run into the holidays, with many sectors making new highs as we close out 2023. So, what’s on deck for 2024? Last week, I...
As we approach the final week of the year, it’s time to dig deep an look for that last trading opportunity for this year, or perhaps the first trading opportunity for next. Timing is never 100% certain, but keeping an eye on the markets in times where the market...
The holidays are here, and they just keep coming. Over the next 4 weeks, we’re going to wrap up 2023 and launch into 2024, and we’re all looking for that last possible push for the market. Last week, I warned that I wasn’t too excited about the tech market. ...