Part of my investment philosophy is to look at the positive and negative signs in the market and adjust my investment levels accordingly. It is important to keep an open mind when doing this. Don’t get too caught up in what “you think the market should be doing.” Flexibility is important but being stubborn gets [...]
Back in 2007, one of my favorite money managers, Ken Heebner, was up +80% for the year while the S&P 500 was only up +3.5%. How did he do it? He was concentrated in the best stocks from the strongest sectors. I remember it well because I was focused on the same stocks and I [...]
At first, you might laugh at the title and say: "What selloff? The market was only down -0.41%." Keep in mind I mainly trade individual growth stocks and beneath the surface, there was some damage today. 1) Relative to how much the general market was down, an abnormal amount of stocks were down over -4% on Monday. [...]
A scenario that would frustrate the most people is if the market stays in a range for a while. Let me explain: 1) The perma-Bears want the market to go down and STAY down. I'm assuming it's because they've missed the rally, they feel the market is overvalued, they're afraid to buy near highs, or [...]
1) The NUMBER ONE criteria I use to evaluate the overall health of the market is the price action of leading stocks. Right now, I am finding many strong fundamental companies forming strong technical patterns. When I see this across many sectors, the market has a high probability of doing well. 2) Seasonally, we are [...]
One strong Jobs Report last Friday and it's the end of the world, huh? That's it, the Fed is going to raise rates and the market has topped. For those who don't know me, I'm being sarcastic. Here are a few thoughts: 1) This week, you will hear non-stop discussions about the Fed. My best [...]
The following Fox Business video is a market discussion I had today (2/16/15) with JC Parets and Liz Claman. Watch the latest video at <a href="http://video.foxbusiness.com">video.foxbusiness.com</a> I can be reached at: jfahmy@zorcapital.com. Follow me on Twitter @jfahmy Follow me on StockTwits @jfahmy Tickers discussed in this video: $DIA $IBB $IWM $MDY $QQQ $SPY $XLE $XLF [...]
Based on my work this weekend and the recent price action, it feels like the market wants to breakout to new highs over the next 3-6 weeks. I came into the year cautious, and that proved to be wise as the market has been extremely volatile to start the year. I don't think they will [...]
Earlier today, the European Central Bank (ECB) announced their version of Quantitative Easing (QE). As I have been saying for a long time, we're in a liquidity driven market fueled by a globally coordinated effort to keep rates low and the markets high. Although I came into the year short-term cautious (which was wise due to [...]
As I have mentioned for the last year or two, I still think the Nasdaq Composite eventually gets to its old March 2000 high of around 5100-5200. It will probably get there over the next 6-18 months, however, it will not be an easy ride up. There will be pullbacks, shakeouts, and quick corrections along [...]