The relative weakness of the Nifty Free Float Smallcap 100 has been a theme all throughout 2018, so with today's chart of the week I want to take a look at what that potentially means for the broader market.
This past week I came across a potential trade setup in an Indian micro-cap stock that really got me thinking about the question, "Who am I as a market participant?". With all the noise created on a daily basis, it's easy to lose sight of your answer...
You have two options as an investor: you could listen to the media or you could listen to the market. They've been pushing the notion lately that only a handful of Tech stocks are leading the way for the market, suggesting a weakening breadth...
The Nasdaq 100 just hit another all-time high, as did the amount of people quoting the percentage of the index's gains that are from its top five components. While that makes for a good headline and soundbite, it's not really all that actionable. What...
It's been quite a few years since I did these youtube videos, but with the help of technology and a solid team, this is something we can start doing again on a regular basis.
Here is the first video with a throwback to the old days and then we...
Some people look at Utility stocks doing well as something negative. I never understood that. They suggest that an uptrend in a sector that is looked upon as "defensive" is not something characteristic of a stock market that is going up. But, in fact...
In 2018 the trend of small-cap Healthcare out-performance over its large-cap counterparts accelerated aggressively, with the small-cap ETF $PSCH returning 30.50% YTD and the large-cap ETF $XLV...
Consumer Discretionaries have been a great indicator of market strength for a long time. This has been the best performing sector off the 2009 lows by a long shot, nearly doubling the performance of Tech, which has also been a monster. Discretionaries...
In 2017 we saw an acceleration of the decade-long trend of growth outperforming value, and after further deterioration in this ratio to start the year, the weight of the evidence is suggesting...
Every time the stock market rallies over any significant period, we're bound to see the "most shorted stocks" chart come out of the woodwork with an ominous caption like "presented without...
Dollar strength has wreaked havoc on the group of ETFs that many people use to gain exposure to global equity markets. One downside of many of these ETFs is that they own the assets of the...
Monday afternoon I was down in San Francisco, so I went by the Bloomberg West studios to do a quick hit with Catherine Murray. She asked me about the S&P500, Technology, Financials and the underperformance of Consumer Staples. We also discussed...
Despite the higher highs and higher lows in the major indices, all-time highs in riskier assets such as micro and small-cap stocks, and fresh breakouts in leading sectors like Technology and...
It's hard for me to make a bearish case for stocks with the Consumer Discretionary sector breaking out on both an absolute and relative basis. In other words, the Consumer Discretionary sector index fund is not only coming out of a 5-month base to new...
The broader market has resolved its range to the upside led by several groups, among them Consumer Discretionary, which is hitting all-time highs on an absolute basis and also relative to the Consumer Staples sector. Within that group, the Restaurant...
I don't think many people are prepared for a 60% rip in shares of Tesla. I see the headlines coming through written by people who have never traded a stock in their lives. I see the pessimism and skepticism. Most importantly, I also see that a third...
The news broke last night that Twitter will be replacing Monsanto in the S&P 500 on June 7th. This announcement comes at a time where Twitter is hitting 3-year highs and is trending higher...