Topics covered: 1) 0:00 Announcements 2) 0:35 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000) 3) 21:40 Stock Review – Watch List/General Ideas/Commentary: PSTG, QLYS, STX, STZ, TENB, IBKR, SMH (ETF) 4) 24:45 Stock Review – Biotech: XBI (ETF), IBB (ETF), NKTX, ITOS, BCYC, INBX, MGTX, MRUS, TSVT, TVTX 5) 29:25 [...]
The main reason I discussed being patient in Wednesday’s MidWeek Video (12/15/21) is that there were no stocks setting up. I’ve said this a million times and I will continue to repeat it: The main criteria I use to evaluate the health of the market is the price action of stocks. I screen every night [...]
Topics covered: 1) 0:00 Announcements 2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000) 3) 16:00 Stock Review – Watch List/General Ideas/Commentary: AAPL, NVDA, ACLS, AMBA, LRCX, MU, ON, ONTO, PI, TER, SMH (ETF), XLU (ETF), XLP (ETF), XLV (ETF) 4) 19:30 Conclusion/Summary Market Summary: We had a Follow Through [...]
To access this content, you must purchase a membership.
I am reposting this because I got notification that some members did not receive this email on Monday night. In the future, I will post these Memos in this section as a backup. Some members are asking me what I think the Fed will do this Wednesday. My first response is to focus more on [...]
I want to write a few words about the elephant in the room. The major indexes are near all-time highs, but many growth stocks are in corrective phases (almost bear market-like behavior). Why is this happening? The why isn’t really that important. Part of it has to do with the continuous sector rotation, and part [...]
Latest Yahoo Finance article and interview: https://finance.yahoo.com/news/why-we-have-exactly-the-fuel-we-need-for-a-year-end-rally-125224451.html Topics covered: 1) 0:00 Announcements 2) 0:40 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000) 3) 11:55 Stock Review – Semiconductors: SMH (ETF), NVDA, AMD, PI, ACLS, ON, MRAM 4) 14:50 Stock Review – Mega Caps: AAPL, MSFT, GOOGL, QQQ (ETF) 5) 15:40 Stock [...]
To access this content, you must purchase a membership.
Topics covered: 1) 0:00 Announcements 2) 0:45 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000) 3) 10:30 Stock Review – Semiconductors: NVDA, AMD, PI, ACLS, ON, ONTO, AMBA, MRAM, SMH (ETF) 4) 15:00 Stock Review – Homebuilders: TOL, LEN, DHI, ITB (ETF), XHB (ETF) 5) 16:00 Stock Review – Mega Caps: [...]
To access this content, you must purchase a membership.