Trump Flips the Post-Election Script, The Fed’s Got Next – The Market Breadth

Trump Flips the Post-Election Script, The Fed’s Got Next – The Market Breadth (credit: https://members.asicentral.com/news/strategy/october-2024/what-i-voted-stickers-look-like-across-the-us-this-election/)

Stock Market Commentary Financial markets are supposed to act like discounting mechanisms which use the wisdom of the crowd to anticipate important events. The stock market stalled and then broke down ahead of the election. Excluding a last minute rush to buy on election day, I assumed the stock market might have a muted reaction … Read more

Speculating On Innovation: How Renaissance IPO ETF Is Beating ARKK

Cathie Wood of ARK Invest (Credit: Ark Invest, https://www.ark-funds.com/about)

This piece is my second follow-up to my claims from a year ago in: “Renaissance IPO ETF A Less Volatile Way to Speculate Than ARKK“. Since that post, and especially this year, the performance gap between the Renaissance IPO ETF (IPO) and the ARK Innovation ETF (ARKK) has widened so much that I am comfortable … Read more

Yet Another Bearish Engulfing Day – The Market Breadth

yet another bearish engulfing day

Stock Market Commentary Yet another bearish engulfing day. Will THIS one matter to the stock market? In the following video, I review the converging bearish signals just days after all-time highs from the S&P 500 defied October’s warnings. (A summarized transcript follows the video – cleaning and editing help from ChatGPT) Summarized Transcript Introduction Hello … Read more

Another Successful Exit From the 20% Rule for Buying EWZ (Brazil ETF)

An Early Trigger on the 20pct Rule for Buying EWZ (Brazil ETF) (Credit Ana Gaston - https://www.flickr.com/photos/26801385@N00/4960008406)

Just over two months ago, I aggressively bought ahead of an official trigger of the 20% rule for buying iShares MSCI Brazil ETF (EWZ). At the time, I explained my decision with three key reasons: I was also well aware that buying early subjected me to additional risks for the trading rule. Thus, I insisted … Read more

Bulls Hold Firm Against Calamity At the Edge of Critical Trendlines – The Market Breadth

Bulls Hold Firm Against Calamity At the Edge of Critical Trendlines – The Market Breadth (credit Sydney Oats - https://www.flickr.com/photos/57768042@N00/3402464379)

Stock Market Commentary Last week started with a calamity and ended with a restless calm. Critical trendlines held as support as buyers and bulls ground their way to a near full reversal of Monday’s loss. Ironically, the market even found relief in a “better than expected” weekly unemployment claims report. Claims fell 17,000 from the … Read more