For the first time since we launched STI over two years the total return for the NASDAQ Composite Index is virtually identical for the trailing one week, four weeks, and twelve months at roughly -0.5%. Read More
Breakthrough Tech Weekly
There is a widely held belief among technical traders that after testing a support level three times the index must move strongly one direction or the other, either dropping through it on the downside to its previous support level, or zooming up past its previous highs. We will soon find out if it holds true this time. Read More
The stock market as a whole has long been considered a leading indicator of the overall economy, usually rising and falling several months before economic data confirms those directional changes. But now we are seeing an individual stock anticipating a global macroeconomic directional change, reflecting Apple’s immense size and dominance in its sector. Read More
The first trading day of 2016 brought with it a painful reminder of just how pernicious the past six months have been on the stock market’s nerves. Within two hours of opening the S&P 500 Index fell by 2.6%, pushing it below the 2,000 level for the first time since… Read More
At the end of last week the large-cap stock market, as measured by the S&P 500 Index, was within 1/10 of 1% of where it began the year. However, even though there has been very little net change in the overall stock market, there has been a lot of price… Read More
If there is any doubt about the overall mood of the stock market heading into this Wednesday’s presumed Fed rate hike, consider this: For the first time in as long as I can remember, all but three of our 38 portfolio holdings lost value last week, including all nine of… Read More
The stock market has barely budged since Thanksgiving, with the S&P 500 Index up just 0.1% over the past two weeks. This is supposed to be the time of the year when portfolio managers are furiously unloading their underperforming stocks and replacing them with this year’s clear winners to make… Read More
With today being “Cyber Monday” – the day when tech savvy consumers take advantage of deep discounts on their favorite gadgets to fill out their holiday wish list – it’s only fitting that we look at some oversold tech stocks to determine if there are any bargains in the bin. Read More
A common question asked last week was, why is the stock market going up when there is so much bad news overseas? With the threat of continuing terrorist activity in Europe, the implication was that everyone should be hiding their money under a mattress until order is restored. Actually, that’s… Read More
The “two-tier” stock market we have been expecting for the past year is finally here, and along with it comes heightened volatility now that companies are competing for a more finite amount of investor capital. In simplest terms that means good companies benefit at the expense of bad ones, amplifying… Read More