The legendary Paul Tudor Jones once said: “Markets trend only about 15 percent of the time; the rest of the time they move sideways.” When you think about this quote in the context of today’s stock market it’s clear that we’re in the midst of that 85% of the time when markets move sideways. In […]
Insurance for Your Portfolio
While the broad market gets bought, then sold…then bought…then sold, many investors and traders are having trouble finding areas to hideout. Meanwhile, contributors at The Chart Report have been prudent in pointing out a few areas to accomplish this, namely Utilities and Restaurants. However, there’s another interesting subset of the market that we want to bring […]
The IPO Game
There is nothing quite like the rush of a freshly priced company ready to take on the primary and secondary markets. IPOs can be dramatic, exciting, nerve-racking, prosperous, and even explosive for some. Recent IPO’s like Beyond Meat, Inc. ($BYND) and Zoom Video Communications ($ZM) have seen gains since their IPO date of 257.4% and […]
Time to Sell in May and Go Away?
The month of April coming to an end today, which means it may be a good time to examine the old Wall Street adage of “Sell in May and Go Away.” This is an investment strategy that was first introduced by Yale Hirsch in his book, The Stock Traders Almanac. The strategy is based on […]
Real Leadership: Relative Strength vs New Highs
On Monday, Instinet’s Frank Cappelleri posed the following question in his morning note: “So, what are the true leaders? The areas that are UP the most from the lows? Or the ones that are the first to make NEW HIGHS?” I thought this was a great point as we have a dichotomy in the market right […]
