We saw a very strong finish last Thursday for stocks as we went into the long holiday weekend. We’re seeing market breadth and participation remain resilient, but you know me - I’m always on the lookout for cracks in this rally. A few weeks back, some cracks surfaced when energy was outperforming. I
Last week delivered what bulls have been waiting for since February: fresh all-time highs in U.S. stock indices, with the Nasdaq blazing the trail higher. This isn't just any rally—it's a growth-driven surge that signals the market's real appetite for risk is back. The outperformance of growth secto
Since May, I’ve been ranting and raving about the Great Tech Reset. And just today, we finally saw the S P 500 make a new all-time high for the first time in over four months. This rally, of course, is being driven higher by the technology sector. This isn’t surprising given it accounts for 30% of
Geopolitical tensions are through the roof right now. Will Iran retaliate? Will they close the strategically important Straight of Hormuz? We could spend a lot of time guessing what could happen, but that's not likely to contribute to our portfolio’s bottom line. I would like to remind readers that
It’s tough to overstate the impact quantum computing is going to have on just about everything. To compound the issue, there’s a ton of extraneous hype and misinformation flying around about what quantum computing is and is capable of. I’m going to oversimplify here, but today’s most sophisticated c
I try not to complicate things when I trade. I want to participate in the strongest markets to the upside, and completely avoid the weakest markets to the downside. Following this simple rule will save you from a lot of stress, and to keep making good decisions in this trading business, you have to
With everything going on in the world, you might be wondering why I’m starting this week off going after the Fed. I talked about it on Friday - the spike in oil prices has put the Fed on notice when it comes to inflation. To be clear - one day or even one week does
The geopolitical situation is heating up in the Middle East, and, unsurprisingly, this coincided with one of the biggest crude oil rallies in years. This comes just days after another cool inflation report that implied price increases weren’t a problem. But crude oil’s spike alters the situation. Yo
Summer is just around the corner, and I’m getting ready for a big introduction! Before you get too excited, it’s nothing to do with trading. It’s just about family in this case. Most of my family still lives overseas in Europe, spread across Italy, France, and Switzerland. I even have some family in
