Ugly Action Continues On Wall Street: The market sold off hard last week as sellers continued to pound stocks. As previously mentioned, the vehemence of the sell-off suggests more time is needed before the bulls regain control. The tech-heavy Nasdaq composite has fallen (on heavier volume) in each of the past 3 weeks. All of the major averages are…
Futures Ease on Thursday After a Sharp Prior-Day Run-Up By TOMI KILGORE April 10, 2014 8:19 a.m. ET U.S. stock futures eased ahead of jobless-claims data, pausing after a sharp run-up in the previous session, as investors digested weak data out of China. About 90 minutes ahead of the open, Dow Jones Industrial Average futures…
Drops in biotech, glamour stocks shine on less-loved energy By William L. Watts, MarketWatch April 9, 2014, 4:39 p.m. EDT NEW YORK (MarketWatch) — Biotech and Internet stocks rebounded nicely on Wednesday, but the preceding sharp slide that started in so-called momentum stocks has investors wondering whether a shift in leadership from growth to value is…
Power Follows Wealth: Many years ago, Legendary Investor Jim Rogers told me that Power follows Wealth. A brief look at history confirms his thesis. We all know that empires were built when massive fortunes were accumulated and eventually collapsed when their inevitable economic dominance ended. Over time, capital begins to…
STOCK MARKET COMMENTARY: FRIDAY, April 04, 2014 The market sold off hard after Friday’s jobs report was announced. The vehemence of the sell-off suggests more time is needed before the bulls regain control of this market. The tech-heavy Nasdaq composite experienced its largest single-day decline since 2012 as the biotechs, momentum, and a slew of…
LIKE THIS? JOIN OUR FREE NEWSLETTER Date: 03.31.14 “Best-selling author Michael Lewis says the stock market is rigged and even the richest, most sophisticated investors are getting “screwed” every day.” –60 Minutes His Case: Legal Front Running- Speed Wins Michael Lewis made headlines on 60 Minutes last night when he presented his…
STOCK MARKET COMMENTARY: FRIDAY, MARCH 28, 2014 This has been a very “busy” month for stocks as the market digested a slew of negative headlines (Russia, China, Yellen, etc) and a ton of heavy selling in biotechs, momentum, and growth land. Monday is the last trading day of the month and quarter. So far, the…
Note: The Following is an excerpt from an intra-week update sent to our clients earlier today. Market Update: Downdraft Continues… For Now If today’s lows hold, there is a very high likely hood that we bounce from here. If not, the downdraft will likely continue. As mentioned in earlier this week, it is time to play…
The following is an excerpt from Tuesday’s FindLeadingStocks.com intra-week update. It was sent to all our members in the middle of the trading day: Market Update: Not much changed from our comments from earlier this week. We received a ton of great feedback after the update was published as markets near the lows of the…
Several Strong Setups: One thing I look for each week is strong setups. Anyone can be a great Monday morning QB and say – look at how strong XYZ is AFTER it broke out. For me, I find the real value is finding the gems before everyone else. Advanced Entry/Exit Points In Leading Stocks &…