Due to my travel schedule this week's Market Outlook will only contain the video.
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This week, tech and biotech stocks led the market. The Healthcare sector roared with the prospect of higher profits, should Obamacare be shelved. IBB, the biotech ETF rallied 9.57%.
There are so many concurrent, self-reinforcing bubbles, it’s hard to choose …
The rotation out of tech and into big cap Dow /Industrial value stocks continued as the NASDQ 100 (QQQ) closed - 1.8 % for the week and those boring Dow stocks(DIA) closed positive +.4%. Sector rotation out of tech and …
What looked like the start of another leg up of a parabolic run for NASDQ 100 (QQQ) disappointingly turned into a rout, with some key stocks dropping up to 10% from the gap up Friday morning. Some are calling it …
US Equities markets didn’t even blink with the announcement that the United States is now aligned with Syria in rejecting the Paris Climate Accord. How that relates to good business over the longer term seems elusive. This week’s market action …
The US equities markets recovered after its nasty swoon on May 17, following in Melania’s footsteps. It gave the markets a meek slap on the wrist before bumping up to all-time highs with a 6-day consecutive run-up.
Equities even endured …
The second-longest running soap opera As the World Turns lasted 54 years, but had to finally turn off its tacky lights in 2010 because of low ratings. In a similar fashion, the long-lasting 8-year leadership of US-based assets are flickering …
The very bullish NASDQ 100 (QQQ) continued to chew up both the bears and non-believers with its recently-polished set of FANGS. Meanwhile, retail stocks with a physical presence tanked, with AMZN picking up the slack. The Russell 2000 (IWM)— a …
This week, US equities markets put in a positive performance with the S & P 500 (SPY) +.69% for the week and closing at all-time highs but still lagging Eurozone equities by a whopping 5%. Eurozone equities soared, anticipating a …
Global Equities partied on this week. Mr. Market took a deep breath and exhaled a sigh of relief, convinced that France will remain in the Euro. After the weekend election, French stocks had its biggest one-day rally since 2012, up …
