UNH Relentlessly Strong Despite The Bear Market (Market Video Update)
Even in grizzly bear markets such as the current one, there are bright spots of stocks showing great absolute and relative strength. UNH is one of them and it has the potential to go plenty higher.
IBB and XBI Showing Notable Strength (Video Market Update)
Biotechnology stocks as represented by the IBB and XBI etfs have shown plenty of relative strength of late. With earnings season upon us these stocks could get a further boost, and even more so through a multi-quarter view if m&a activity resumes.
The DJP ETF Could Bounce Hard (Market Video Update)
The US Dollar is starting to look overbought on most time frames. If that is the case and we see some marginal weakness in the USD, then commodities and the DJP etf may see a significant trading bounce.
S&P 500 Target Reiterated (Video Market Update)
We remain in what to me is one of the most difficult markets in all of my career. Before the bear market has run its course I still see further downside. I reiterate my S&P 500 downside target.
For Stocks to Bottom the USD Must Do This (Market Video Update)
The strong rally in the US Dollar year to date has a directly inverse relationship to the falling prices of risk assets such as stocks. Thus, in order for stocks to bottom we must also see the USD behave in a certain way.
Earnings Season Game Plan – Buy the Dips but Sell the Rips (Video Market Update)
As we go through the upcoming earnings season I expect plenty of opportunity. I want to buy further weakness in beaten-down tech stocks and sell rallies in other parts of the market.
To Short Stocks or Buy Bonds Now? (Market Video Update)
As we look into the second half of 2022, the major question on my mind is whether the reward to risk is better in the stock or in the bond market. Watch the video.
Major Indices At Critical Support – Hold or Fold (Market Video Update)
Major equity indices such as the New York Stock Exchange Composite and the Russell 2000 are at critical technical support levels. It’s hold or fold from here.
Certain Tech Stocks Are Bottoming Right Now (Market Video Update)
Many high growth technology stocks topped long before the broader market did back in 2021. It is likely they will also find a bottom before the broader market does. Have a listen.
This Must Happen for the Bear Market to End (Market Video Update)
Risk assets such as equities are liquidity-driven, i.e. they need accommodative monetary policy (for the most part) in order to drive higher on a sustainable basis. So, there is one major thing we are watching for in order to ultimately call an end to this bear market.