June 2, 2017 update: Markets are gaining momentum. As of this Thursday and Friday, a risk-on appetite from strong labor market data and positive expectations among businesses and consumers led to put more money into smaller, riskier growth stocks. This is a good sign. Moreover, it reinforces the prospects for a continuation of the current… Continue reading June Stock State: Market Strategy and Outlook
Tag: Market Strategy
April 2017 Stock Pick Perfomance
Weekly stock picks clobbered the market yet again! Even so, the set of Base Stocks lagged the market a bit and as a result I am dropping two of my Base Stocks: IBM and GE. I am replacing these two dropped stocks with Shopify (SHOP). The following chart summarizes the Monthly Base Stock performance. April… Continue reading April 2017 Stock Pick Perfomance
The Stock State: Market Outlook and Strategy
After a strong run-up from the November election and through February, the market was up on a “Trump Bump.” Personally, I thought the “Trump Bump” was more of a celebration over the discontinuance of anti-market policies put in place by an Obama administration that never understood how a market economy works. Hilary Clinton would have… Continue reading The Stock State: Market Outlook and Strategy
April 2017 Stock Picks and Market Strategy
Trading range, consolidation, pull-back to 200 day support line are all possibilities to look forward to in the near term. The market tends toward risk-on with good news about fundamentals such as the ADP hiring report this Wednesday. By contrast, political uncertainty “noise” has a strong, or even stronger, negative effect pushing investors into the… Continue reading April 2017 Stock Picks and Market Strategy