As we enter the last couple months of 2014, the markets are once again at/near all-time highs: The Nasdaq, which last hit 5K in 2000 before a dramatic decline, is now just 8% away from hitting that level. The Russell 2K, which was left for dead and blamed for leading the markets lower, is only…
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Brian Sozzi, a brilliant analyst with Belus Capital Advisors, joined us for this week’s webinar, and wow – he provided some really great insight on a handful of retail names (and other segments). He first explained the numerous challenges in a very tough retail environment, including economic data that seems to point to a coming…
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Cerner (CERN) is a big healthcare IT company in a very competitive industry. They recently reported earnings that were mostly in line with predictions but also provided some strong guidance. As a result, the stock has moved vertically into the low $60’s, and it appears there is more room to run. This month has brought…
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Celgene (CELG) is part of that volatile biotech group, and if you have the stomach for big swings, then you may be ready for a nice payoff (if you go long). You can see in the chart below that a MACD signal is about to be crossed. The recent power move up from low 80’s…
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Mad Money host Jim Cramer went “Off the Charts” with my take on entertainment stocks, including Disney and Time Warner.
“The only thing we have to fear is fear itself.” – Franklin D. Roosevelt, 1933 Presidential Inaugural Address If the massive ups and downs in this market over the last couple of weeks have left you feeling queasy, well, you are not alone. I have been keeping a bottle of Pepto Bismol within reach (just…
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Lots to talk about during this week’s webinar! We jumped right in with a discussion on the market’s recent nosedive, and I pointed out areas where we may see a turn. I also pulled up the VIX and term structure, which show the inversion of the curve, and talked about what needs to happen for…
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If you want to figure out the next move the markets will make, I have a secret to let you in on. Option traders have a trick that most investors and traders have never heard of, let alone understand. It is a little thing called skew, which is a real time view of where money…
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Thanks to a 20% drop in crude oil, and a big decline in demand and Brent Crude (in Europe), oil service names have been hit rather hard. The key here is finding out if there is further downside, and the chart below certainly looks like we have not hit bottom yet. Given the sharp declines…
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One of the ways for us to understand the emotional state of the markets is to look at sentiment. The spectrum of fear and greed is wide, and when we tally up all the different indicators, from VIX to put/call ratios and from polls to money flows, we generally wind up near the middle of…
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