Psychological Similarities to 2013
At the end of 2012, the financial markets experienced a very dramatic event: The Fiscal Cliff. Dramatic might be too strong of a word, but it seemed that way because we didn't stop hearing about it in the media. It was even the lead story on the national evening news every night for a week. Many investors and big hedge funds I spoke to were so frightened by the uncertainty around this event that they [...]
Yahoo Finance Interview: Bull Market Turns 8…Or Does It?
The financial media continues to say that this week is the 8 year anniversary of the Bull Market that began in March 2009. In this interview for Yahoo Finance, I explain why this is a NEW Bull Market that started in July 2016 and how we still have more room to go. I can be reached at: jfahmy@zorcapital.com
My Dow 20,000 Call Was Correct, Now What?
Back in April 2016, when the Dow was 17,500, I made a call for Dow 20,000 by the end of 2016. At the time, no one on Wall Street was making this call and the majority of money managers were extremely bearish. The main point of this call was not to reach an exact number, it was to stress the overall direction of where I thought the market was heading last year. I'm pleased that [...]
Fox Business VIDEO: Interview With Neil Cavuto
Here is my interview with Neil Cavuto taped on Friday 12/16/16. Enjoy! I can be reached at: jfahmy@zorcapital.com
Buy Netflix And Chill
Readers of my blog know that I have liked Netflix (Symbol: NFLX) for a long time. I feel it is ready for a move higher soon for the following reasons: 1) Technicals – The chart is showing very strong technicals on its Weekly chart (see below). Since their last earnings report, the stock has found great support near its 10-week moving average; showing that big institutions continue to accumulate shares. It is also building a [...]
VIDEO Clips From My Wall Street Week Appearance
Some of you may remember the iconic financial show "Wall Street Week." It aired many years ago on Friday nights on PBS and was hosted by financial legend Louis Rukeyser. The show was resurrected last year by Wall Street titans Anthony Scaramucci and Gary Kaminsky. I was more than humbled when they asked me to be a guest this weekend, as it is considered one of the most prestigious financial shows on television. I am [...]