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There is a lot to like about this market and one thing that keeps me from getting aggressive. Biotech, healthcare, $XLP, energy and $ARKK are all in great shape. Unfortunately, none of them move the needle much in the $SPY … Read more
The Scorecard has us at market bullish, and I’ll take it. What I want to point out is where the strength is coming from: energy, financials, healthcare, biotech, materials and industrials. Big tech and the big chips are along for … Read more
What a difference a few days makes. The S&P 500 and the Dow both printed brand new all-time highs today, and the bear trap I flagged on QQQ last week played out exactly the way bulls wanted: shorts got roped under … Read more
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