This past weekend, Chris Ciovacco, owner of Ciovacco Capital, gave us his take on the strength we are seeing in the broad market. Looking at market breadth, and specifically the number of stocks trading above their respective 200-day moving average, have we seen “the mother of all breadth thrusts”? Chris seems to think so. First […]
The Current Environment versus 1998 & 1990
Earlier this week, Charlie Bilello put out this tweet, comparing the recent “V” bottom off the December lows to previous corrections and bear markets: As we can, if the current rally kept on this same projectory, it would wind up as one of the quickest recoveries from a “bear market” over the last 90 years. The […]
Paul Tudor Jones is “Very Bullish”
On Monday, famous fund manager Paul Tudor Jones spoke with CNBC and gave his thoughts on the market. Paul (otherwise known in investing circles as “PTJ”) is known for his macro calls, including the crash in 1987. He says he is “very bullish on US stocks”. Further, Paul thinks that US equities will again outperform […]
Mark Newton on the S&P 500, Emerging Markets, and Commodities
Each Thursday, Mark Newton, founder of Newton Advisors, gives us his current outlook on different aspects of the market. Mark provides a very consistent, level-headed approach and that is one of the main reasons I believe there is so much value in these videos. Coming off the December lows, we have seen a very strong […]
Is a Correction Coming?
Katie Stockton, a technical analyst and founder of Fairlead Strategies, appeared on CNBC this past week to give her thoughts on the recent rally and what she believes may be to come. Following the roughly 20% drop we saw from the market peak in 2018, down to the lows in late December, we have seen […]