|Day Low/High||168.03 / 169.98|
|52 Wk Low/High||60.00 / 147.95|
Stocks at pivot points either find resistance there, or get the 'slingshot' treatment.
The Chinese cabinet says a crackdown on Chinese overseas listings will happen. It's still deciding how.
The viciousness of what happened here is extraordinary.
The main action is rotation into the FATMAAN names and a few other big-caps.
This is a nice-looking uptrend right now, and I see no reason to start anticipating major problems.
NKE continues to trade weakly ahead of earnings, and here's what the charts show.
These best-of-class stocks represent powerful investment trends that will be difficult to disrupt.
Let's review the charts and indicators.
Bubbles are an excuse to stay underinvested or doubtful about all assets, particularly equities.
I see no path to improve relations and many to make things even hotter.
Sudden internet anger over months-old comments about Xinjiang cotton benefits Chinese apparel makers.
Do you want to pay these prices? Right now? On a Quadruple Witching expiration Friday? Probably not.
As a very wise man once said: 'I'll gladly pay you Tuesday for a hamburger today.'
Smaller to mid-cap names have fared somewhat better than large cap tech, but make no mistake... there is a circle of life/death here.
One of the most continual themes in this market is that anything that was liked last year is hated this year.
The market's funk continued into the fourth week of March 2020, but by week's end a stellar TV performance by the Fed's Jay Powell would turn the tide.
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
As power has changed hands in the White House, we can expect these names -- and themes -- to benefit.
As we enter the new year, there's little time to reflect on RMPIA's strong performance. Now, it's all eyes on the 12 months ahead of us.
In 2021, let's support each other as we fight our way out of this mess. Let's learn how to love, and forget how to hate.