A Modern-Day Shoeshine Boy Moment

 The Original AnecdoteThere is a well-known – though likely apocryphal – anecdote from the end of the roaring 20s. It involves Joseph P. Kennedy, US ambassador to the UK from the late 1930s to mid 1940s. Before he entered the civil service and politics, he had made a name (and a fortune) for himself as a businessman and investor. On […]

The Lehman Moment Approaches: The House Always Wins

Momentum stocks are getting crushed. Another generation of Etraders has been fully monetized.Skynet has no one left to milk.IPOs are in free-fallThis morning they were back in 2014, now they’re almost in 2013. They lost a year of gains since this morning…World’s largest IPO (Alibaba)…2nd largest failed IPO (Twitter):Netflix – 8%:The Biotech rally is over…Revenueless BiotechThe top performing IPO for […]

Will The Stock Market Return to Earth This Summer? :: The Market …

Will The Stock Market Return to Earth This Summer?Stock-Markets / Stock Markets 2015Aug 13, 2015 – 01:11 PM GMTBy: Clif_DrokeWhat accounts for the equity bull market’s stubborn refusal to bend to the bears’ will despite a clear lack of internal strength? That’s the question investors are asking right now in what has been a grinding, directionless stock market this summer.The […]

Is the Rally in Biotech Stocks Finally Over?

Momentum Stocks: Caution Ahead (Part 4 of 6)(Continued from Part 3)Another case in point is biotech.Biotech is another obvious example of the momentum trade. It is a high “beta” or risky industry that has been a strong relative performer for many years. Through the close of the week ended March 20, the Nasdaq Biotech Index had surged 20% year-to-date. The following […]

3 Biotech Stocks for Short-Term, Bullish Trades

By Profit Scanner for InvestorPlace MediaHealthcare has been far and away the best sector of 2015 so far — and biotech stocks are no exception.The iShares Nasdaq Biotechnology Index (ETF) (IBB) is up 9.4% in just the year-to-date; that’s about twice the return of the Nasdaq as a whole, and four-and-a-half times more than the S&P 500. And analysts at […]

Are Momentum Stocks Losing Momentum?

Never mind how the U.S. stock market is posting modest year-to-date losses close to 2%. Momentum stocks are up and so is risk taking.A comparison of the iShares MSCI USA Momentum Factor ETF (MTUM) – a good proxy for the risk appetite of bullishly trending stocks – versus the S&P 500 (^GSPC) shows that momentum stocks have not yet lost their luster. Over the past […]

Loss of momentum

The market was over heated and in recent days there is some loss of momentum.The sectors that were first to breakout out like biotech and REITS are taking a pause or pulling back. But new sectors are breaking out so usual rotation kind action is happening.One of the key thing to watch is small caps losing momentum. as a momentum […]

New Trade (CVS)/ Profit Alert (RGC) – Momentum Options Trading Daily Update/ New Trade (CVS)/ Profit Alert (RGC) for 7/28/20143:10pm (EST)I have a New Trade for the Daily on a stock that is familiar to the portfolio. The options are trading for 45 cents and could double if shares make a move above $80 over the next month or so. I am also ringing the register on another double-digit […]

Will The S&P See A Large Decline In The Short-Term? | Benzinga

The question of the day is relatively straightforward at this time: Will we see a meaningful decline (defined as a loss of -10 percent or more) on the S&P 500 (NYSE: SPY) in the near term or not?
From the bears’ perspective, the answer is an unequivocal “yes.” Our furry friends cite the ongoing mo-mo meltdown (Social Media (NASDAQ: SOCL), Internet […]

The Last Two Times This Happened, The Stock Market Crashed

The last two times when margin debt reversed and fell after a record-breaking spike, all hell broke loose. In 2000, it was simultaneous. In 2007, it was delayed by a few months. Today, on the surface, everything is still hunky-dory. The Dow is just fractions below its all-time high that it set on Wednesday. But beneath the surface, parts of […]