“Re-opening dependent” stocks outperform tech shares for another day–time to nibble on AAL, SIX, SHAK puts?
For yet another day shares of companies dependent on the re-opening of the U.S. economy and continued good news on job and spending gains during a time of coronavirus outperformed shares of tech companies. For example, while, as of 3:30 p.m. New York time today,...
Stocks test rotation again today
This is a pattern that I'm looking for in the U.S. stock market right now. (Notice, please the "a." It's not the only pattern worth watching at the moment.) The next stage in this upward trending market may not be a reversal of the general market or a further soaring...
Trick or trend: Track technology ETF against consumer discretionary ETF to see if it’s rotation or a rising tide for all boats
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Friday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Watch these...
Rotation, rotation, rotation
There's nothing basically wrong with rotation. It makes sense to move money from a sector that has appreciated rapidly and to nose-bleed levels to a sector that has lagged and now looks undervalued. Rotations can, however, also signal a topping market. Investors and...
Trying to separate day-to-day volatility from signs of a market breakdown? Watch the XLF and XLK
Here's one set of ETFs I'm watching right now for signs that the market is headed for a breakdown--and reassurance that it's just trapped in one of those rotation things. On Monday, May 20, the Technology Select Sector SPDR ETF (XLK) fell like a stone, dropping 1.74%...
Is the next big tech stock thing, Chinese tech stocks?
There's some evidence that the money that has left big U.S. tech stocks such as Facebook (FB), Netflix (NFLX), Microsoft (MSFT) and Amazon (AMZN) on some recent days has been headed into big Chinese tech stocks such as Tencent Holdings (TCEHY), Alibaba (BABA), and...
Lots of sloshing but no real direction
It’s pretty clear that no one wants to exit this market. The indexes aren’t going much of anywhere–the Standard & Poor’s 500 was off just 0.05% at the close today–even as some sectors, such as energy in the early part of this week, get hammered.
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Rotation at work: Today the safe stocks in the Dow–McDonald’s and Kraft–were in the red and industrials, financials and technology led in the green
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Download Jim’s eBook for Free
