Rotation

The US stock market has continued to advance in afterburner fashion over the past few weeks.  Historically seasonal weakness in the August/September windows translated into only a sideways pause in the equity markets.  Once we entered into the seasonally strong October and November period,  stocks exploded on the upside across all of the popular averages. … Continue reading Rotation

Blockchain/Bitcoin

Outside of the activity of the listed markets is a phenomenon that has captured the attention of money people everywhere.  We are referring to the crypto currency space as represented by the more well known products, Bitcoin and Etheruem.  Bitcoin prices, which  began at just a few hundred US dollars just over a year ago, … Continue reading Blockchain/Bitcoin

Healthcare/Pharma Activity

In mid June of this year, we pointed out some activity that appeared interesting from the longer term chart patterns of some healthcare/pharma stocks.  One of the stellar performers since then has been Abbvie (ABBV), a pharma company which produces Humira, a top selling anti inflammatory treatment among other high profile drug therapies.  After breaking … Continue reading Healthcare/Pharma Activity

Healthcare Stealth Advance

We all know that the equity markets have been steadily climbing since the US elections last November.  There have been some dramatic pullbacks, but the unmistakable trend has been for higher prices.  As we know, markets are not monolithic and within the aggregate market moves, there have been winners and losers.  Energy has been the … Continue reading Healthcare Stealth Advance