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Buying Insurance Stocks On Near Term Weakness

Buying Insurance Stocks On Near Term Weakness

Earlier this year I wrote a post titled, “Insuring Your Portfolio With Insurance Stocks,” as I discussed the relatively boring nature of the industry, specifically the property and casualty insurance space. I mentioned how this boring sector is tempered by its stability and predictability in terms of measured growth and it being a potential reliable […]
USDJPY Headed For 106?

USDJPY Headed For 106?

With Hurricane Irma set to wreck havoc on Southern states in the U.S., USD/JPY broke through 108. No U.S. economic reports were released on Friday but the greenback has been tracking 10 year Treasury yields which dropped to their lowest level in 10 months. At the start of the week we talked about how Harvey, […]
Will The MAGA ETF Make Your Portfolio Great?

Will The MAGA ETF Make Your Portfolio Great?

It seemed like just a matter of time before an ETF such as this hit the marketplace. There are ETFs that allow you to invest in drone technology, whiskey producers, video games and Catholic values. So it shouldn’t be surprising that you can now invest based on political views. The Point Bridge GOP Stock Tracker ETF (MAGA) launched this week with the […]
Week In Review: China Pharma Continues Record Deal Pace With $2 Billion In New Announcements

Week In Review: China Pharma Continues Record Deal Pace With $2 Billion In New Announcements

Deals and Financings OrbiMed, a global healthcare investor, closed its third Asia private equity fund with $551 million in capital commitments, about $100 million more than the target listed in its initial filing six months ago (see story). OrbiMed Asia Partners III will consider investments in all parts of Asia healthcare, but it expects to focus on growth-stage […]
Tech Sector Close To Forming A “SELL” Signal

Tech Sector Close To Forming A “SELL” Signal

The Technology ETF (XLK) is close to forming a “SELL” signal. Two of the three technical indicators on the Daily chart below have done so, as of Friday’s close, while the RSI threatens to join the MACD and PMO if it crosses below the 50 level. Price action this week, following its all-time high made last Friday, has been overly […]
Stocks Quiet Ahead Of The Hurricane

Stocks Quiet Ahead Of The Hurricane

    Stocks Quiet Ahead Of The Hurricane The stock market remains very strong. The major indices slid last week but were quiet as the country waits for Hurricane Irma to hit Florida and parts of the East Coast. Stepping back, the action remains healthy as the market continues to trade just below record highs […]
Scary October?

Scary October?

Video Length – 00:02:41
Imperfections

Imperfections

A pretty quiet end to the week as kids head back to school. September is usually choppy and so far that’s what we’re seeing although select stocks continue to act great, along with the mining space, but it could use a little rest. Is this an imperfect cup and handle? Maybe so. Ideally we would […]
The Longer-Term Trend – Saturday, Sept 9

The Longer-Term Trend – Saturday, Sept 9

I really believe that the market will follow the semiconductor index either up or down. An optimist would look at this chart and see a very nice sideways, bullish consolidation pattern that started in June. A pessimist, on the other hand, sees this as a bearish topping pattern confirmed by the momentum indicator pointing downward… […]