For Whom The Bubble Bursts

One can decide to chase a stock bubble for the potential windfall. Yet only investors with sell disciplines have any chance of coming out unscathed. Consider the relationship between growth stocks and value stocks. Over time, one tends to receive more affection than...

Lighten Up on the Nasdaq 100 (QQQ)

On Wednesday (7/29/2020), the Federal Reserve left its overnight lending rate at the zero-bound range of 0.00%-0.25%. The Fed also reasserted its commitment to a wide array of lending and asset purchasing programs via digital money printing. No surprises there. There...

Big Tech No Longer Requires Downside Protection

When you combine the technology sector with the likes of Facebook, Google and Amazon, you’re defining the mega-cap space. Some refer to it as “Big Tech.” The parabolic move higher for Big Cap Tech in 2020 is extraordinarily similar to what investors...

Are Permanent Business Closures Good For Stocks?

You will not hear the media talk about unemployment at 20%. Nevertheless, nearly 20% of the labor force (160 million) currently receives jobless benefits. Some would like you to see an improving jobs picture. Yet key data points throughout May, June and July beg to...

For What It’s Worth (Or Not Worth)

The comparisons between the 2020 stock bubble and the 2000 stock bubble are striking. For example, you have to go back 20 years to the dot-com disaster to find a time when the Nasdaq 100 (QQQ) traded this far above its 100-day moving average. Executive insiders at...