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 […]
What the MAGA Index is Signaling About US Stocks
The US Stock Market is dominated by large multinational companies with hundreds of billions in market capitalization. It is a common misconception that leadership from these mega-cap names is an indicator of weak market internals. To the contrary, investor interest in these popular stocks is a characteristic of a healthy bull market as their performance […]