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 [...]
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 [...]
I sent this note out to my clients earlier in the week. If you are interested in our Managed Account Products, please email me at: jfahmy@zorcapital.com. After QE-1 ended, the market dropped -17%. After QE-2 ended, the market dropped -21%. Now that Operation Twist/QE-3 is over, many believe the market will drop again. In my [...]
In a Blog Post on September 22, I wrote: "If you are a trader, there is nothing wrong with raising some cash and waiting for more positive signs to appear." Since then, the market has continued to see distribution (professional selling). Last Thursday and Friday (10/2 and 10/3), the market bounced from an oversold condition [...]
Today (10/2/14), the market sold off early but rallied back on strong volume. Here are my thoughts: 1) I like how the Russell 2000 $IWM undercut the low it made earlier this year (2/5/14) and outperformed today. The index has led us on the way down. Now, we need to see if it can lead [...]
I always try to keep an open mind when it comes to the stock market. I look at the positive and negative signs and adjust my investment levels accordingly. Unfortunately, I am seeing more negative signs right now and feel that some caution is warranted. NEGATIVES: 1) The number one sign I use to evaluate [...]
There are so many different strategies and ways to trade the market. The key is to know when the time is right for your strategy. When it's right, get aggressive. When it's not, scale back. The biggest challenge for many traders is to ACCEPT the times when the market environment is not favorable for your [...]
I discussed the following in a Market Video over the weekend. Here is a summary of the important points: 1) In my 18 years of trading, there have been 4 years where the market grinded higher for almost the entire year: 1999, 2003, 2009 and 2013. It's important to look at what happened the FOLLOWING [...]