The greater the number of stocks participating in the trend is bullish. There is no debate about it. When fewer larger stocks are lifting markets, the signal is that of a later stage more defensive rally (buy big safe blue-chip quality stocks). This does not
Expectations for 2021 earnings and beyond are robust to say the least. History suggests such a high bar is harder to jump. As a reminder, the market prices in forward expectations and in order to do even better, results need to beat expectations. That will
The famed fund manager Michael Burry featured in “The Big Short,” warned last week loses on crypto and meme stocks could be more than the GDP of some countries. Crypto, Meme Stocks: Michael Burry Warns About ‘Mother of All Crashes’ – Bloomberg We look at
There is a significant shift developing towards minimum tax rates and for many companies to pay their far share. Treasury Secretary Janet Yellen recently achieved an agreement within the G-7 backing a global minimum tax rate of 15%. G7 backs Biden’s sweeping overhaul of global
When it comes to ex-anti forecasting, time frame is everything. As much as the industry preaches that timing does not work, decision making about risk and return has everything to do with timing. The first chart we look at of gold bullion spot price in
The history of commodity cycles can last for years. There is likely more to go in the current boom part of the cycle. However, they have shown strong patterns of boom and bust over decades. Sometimes it is supply shortages in the case of weather
The big tech giants known as the FANGMAN stocks that make up about 25% of the S&P 500 mostly reported great earnings and almost in every case, the initial reaction was sold into. Add in Tesla, Visa and Mastercard as well and you have a
The next two weeks hosts the bulk of earnings season. Big cap technology is always an important feature as it has been leading earnings growth for many years. According to the Bloomberg bottom up Q1 consensus, the Technology sector is a significant driver of total
The regulators tell financial advisors that their clients’ need to have portfolios linked to their risk tolerance. Historically, they was accomplished with fixed income in portfolios. The rule of thumb was that the older you are, the safer your portfolio should be, the more fixed-income
Members of the American Association of Individual Investors (AAII) told us last week they are VERY bullish, but not all of our PRO-EYEs metrics are lined up that way…yet. The last several times our Berman’s Call PRO-EYEs composite hit these levels, the odds of a