Markets Are Less Reliant on Mega-Cap Tech to Move Higher Alec Young, chief investment strategist at MAPsignals, tells BNN Bloomberg he is still positive on tech, but his call for the second half of 2023 is a broadening of the market rally to other sectors like financials, industrials and energy. He says the stronger earnings… Read more »
They say that stocks climb a wall of worry. It’s true. Rarely is the march higher in equities a cakewalk. The latest harbinger of equity doom is that weak breadth is a reason to be bearish. Those claims don’t hold water when you study the data. Here’s the deal: Narrow leadership means more pain for… Read more »
Markets flow like waves in the ocean, rarely in a constant state. The rhythm is cyclical, reaching crests and troughs. Stocks are approaching the red zone. Here’s your overbought stock market playbook. Most would agree that stocks are elevated. A year-to-date 16% rip in the S&P 500 has stunned the crowd. Even more impressive is… Read more »
“All of humanity’s problems stem from man’s inability to sit quietly in a room alone.” – Blaise Pascal This tenet applies to investing. Quiet observation reinforces our bullish 2023 outlook. Small-cap breadth signals further upside for stocks. Let’s face it, there’s power in silence and observing. Muting out the crowd noise has been difficult the… Read more »
It’s easier to fool people than to convince them they have been fooled. Mark Twain’s words ring loud and true in 2023. Against all odds, stocks are setting the stage for all-time highs. Looking back at 2022, it was a rough one. A litany of issues faced investors: Inflation raged, interest rates soared, and stock… Read more »
History says narrow leadership is not a harbinger of poor performance. Strong Earnings Growth Will Fuel the Tech Rally Alec Young, chief investment strategist at MAPsignals joins BNN Bloomberg to talk about the tech rally in 2023 and why he disagrees with those who think the rally is over. Read more »
If you wait for the all-clear signal in stocks, you’ll miss the boat. Markets continue to surge higher, stunning the crowd. The 2023 bull market is just getting started. Wow, what a difference a year makes. A year ago, headlines read of S&P 500 enters bear market, awaking the loudest bear roar in years. The… Read more »
Tech’s been on fire. It’s up 35% YTD, almost triple the S&P 500’s 12.5% gain. Tech’s been MAPsignals’ top ranked sector all year. Strong earnings growth will fuel the tech rally. The S&P 500’s overall direction tracks tech because the sector’s so big at 28% of the index. Add in communications services – home to… Read more »
It’s boom-time. A huge wave of money is plowing into equities. There’s a mega rotation into small-cap stocks. Data is beautiful. It uncovers the biggest trends. More importantly, it spotlights NEW emerging trends, just as they begin. As an investor, that’s the golden opportunity. Staying ahead of the crowd is the edge you need to… Read more »
Hi everyone, Jason Bodner here. I’m excited to announce I’ll be speaking at the Mid-Year Portfolio Review Virtual Expo that runs from June 27-29 on the MoneyShow platform. AI and Big Money Reveal Tomorrow’s Big Stocks I’ll share my latest views on recent market activity and the road ahead – as well as specific, actionable steps you can take… Read more »