Recent Entries

  • Pickers’ Market

    A few bright spots in a mostly dull market might affirm that fund managers are loading portfolios with only the best stocks to show their customers. There could be other reasons, but we won’t get into that. Here all that matters is what is and not what should be. While we see some solid performers, […]

  • The Setup

    The broader market’s rally off recent lows lacks conviction. Modest distribution Friday gives the finger to recent, modest accumulation. Not much for a bull to hang his hat on, but the technicals have indeed improved. The major indexes’ re-taking of major averages potentially set us up for a new technical base. New highs from market […]

Chart Watch

  • Homebuilders are back. This blogger’s anticipation of an industry wide breakout soured after a couple of less than rosy outlooks from key companies sent investors into defensive mode. That big, fat red volume bar tells us more than a few paws got burnt trying to play it. But the setup is back and poised better […]

  • The Russell 2000 is all alone under its high mark as the Dow, Naz and S&P 500 hit fresh breakouts. Our attention is focused on this small cap index because 1. That’s where we often find the best growth stocks and 2. This is a former leader in the recent bull market, so could be […]