November 17, 2019
New highs in the major market indexes remain the order of the day. The NASDAQ Composite, S&P 500 and Dow Jones Industrials all sit at all-time highs. But in a market where the #1 ranked group is Mobile Homes and RVs, consisting of stocks like dynamic, cutting edge Winnebago (WGO), finding those dynamic “super stocks” capable... Read More
November 13, 2019
The Big Three major market indexes have continued to grind higher as they lean against muted hopes of a Phase One U.S.-China trade deal. The NASDAQ Composite Index looks like both the S&P and the Dow as it huffs and puffs its way higher over the past several trading days, but did not post a new closing high as the other two of its Big Three... Read More
November 10, 2019
Dueling U.S.-China trade news has been the order of the day, although the merit of various reports as actual news remains suspect. Reports of “agreements in principle,” comments from either side about what might or might not be included in a so-called Phase One trade deal and the like have moved the markets. The bottom line is that no trade deal has been inked.
All the hopeful musings... Read More
November 6, 2019
Each of the Big Three market indexes, the NASDAQ Composite Index, the S&P 500 Index, and now the Dow have all now stepped into all-time high price territory. As the indexes move into new high ground, however, there has been noticeable churning with successively higher volume, as can be seen on the daily chart of the NASDAQ Composite below. Today... Read More
November 3, 2019
A news-laden week came to an end with the NASDAQ Composite Index joining the S&P 500 in all-time high price ground. Among what I call the Big Three market indexes, only the Dow has yet to make new highs of its own.
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