This Rally is About to go on Hold

The Cincinnati Reds are on a run.  So is the market. The team that was forecasted to be one of the worst in the league this season, yet, has strung together 11 wins in a row.  It's a great feeling, because everyone loves a streak. Investors are no different.  Investors love it when the market […]

This is Where the Markets Rally is Heading

The markets head into this shortened trading week with some very extreme feelings. Just last week we saw three different Wall Street firms switch their posture from bearish to bullish as the "acceptance" phase of the market rally is really kicking into high gear. "What's the acceptance phase?"   Well, I'm glad you asked. Let's talk […]

Go long on This Short Squeeze Rally

The shorts are starting to get squeezed out of every corner of the market. We've talked about how the rally was starting to spread from the smaller group of large-cap tech stocks earlier this week to some of the small-cap stocks that make up the iShares Russel 2000 ETF (IWM). One of the casualties of […]

My Top Three Retail Stocks to go Long on

Mark Twain would likely love this sector today as the reports of its death may have been greatly exaggerated. Well, maybe at least for now it has. From my perspective, This may be one of the tallest Walls of Worry that the market has traded its way up, and there's one sector that's just joining […]

Your Weekly Walk Down Main Street

Remember Dow 10,000? I do the anticipation, the excitement, and then the selloff. The memory of the 10,000 mark crossed my head over the weekend as I read the point-counterpoint debate over whether the market has finally entered a new bull market.  Do you want my vote?  I'll give it to you in just a […]

The Broad Market Just Shifted to the Upside

Russell 2000 Index ETF (IWM) is testing its 200-Day Moving Average (MA200) Small-cap stocks have had a rough year as the IWM is only up 3% while the S&P 500 and Nasdaq 100 are each up 13% and 33% respectively.   For the first time since November 2022, the IWM is starting to see its 50-day […]

This Market Is Running on Fumes

If you need a laugh for a second, the current situation surrounding the debt ceiling reminds me of a Seinfeld episode.  Remember the episode when Kramer test drives the Saab to find out how far he can go on an empty tank of gas?  That's what's going on with the market right now. When it […]