John Roque of Wolfe Research recently made an appearance on CNBC’s “Squawk Box” to share his thoughts about the breakout in precious metals. In the segment, he argued that Gold Mining stocks were a better play than the beloved mega-cap FAANG names (Facebook, Amazon, Apple, Netflix, Google). He coined the term BAANG to represent a […]
Should New Highs Equal Blue Skies?
The market is going this way, no its going that way. Maybe this way, and maybe the other direction because of this reason over here. This is likely the rhetoric you hear from pundits, social media, and maybe even your beloved financial representative. It’s confusing, I know. I’ve been there, jumped through and around the […]
FANG Still Alive But No Longer Leading the Pack
Oppenheimer’s Ari Wald appeared on CNBC’s Fast Money last night to discuss the market’s strong internals and what they might mean for some of your favorite “FANG” stocks. “We think the emphasis should be on the big picture recovery that is taking place because of the very strong internal breadth readings were seeing” Ari used […]
“Stocks Aren’t Out of The Woods Yet” – Louise Yamada
On Thursday, Louise Yamada, founder of Louise Yamada Advisors and one of the most well-respected Technicians in market history, appeared on CNBC to give her thoughts on the current state of the market. While she does acknowledge the strong rally we have seen so far in 2019, Louise isn’t quite sure that equities have seen […]
Frank Cappelleri discusses FB, MSFT, and IWC
Last Wednesday, one of my favorite technicians, Frank Cappelleri, was on Bloomberg to discuss three charts: Facebook (FB), Microsoft (MSFT), and Micro Caps (IWC). Regarding Facebook, Frank starts off by pointing out a pretty interesting statistic that I wasn’t aware of, in that “Since the beginning of 2018, Facebook has had 18 different gap openings […]
