RingCentral joined hands with Atos to market its products worldwide. The opportunity looks big according to 3 investment banks. The stock chart is set up for a break out.
We see an increase in short term call buying in Starbucks. Loyalty programs seem to be driving high customer demand.
NASDAQ’s mid-year rally (described here in late June) came to an end on July 14. From mid-July, the second quarter is usually plagued with poor performance. Enthusiam and large amounts of cash on the sidelines could keep stock prices aflot. Hower, defensive positioning seems a more reasonable bet.
Here we update our Dividend Investment Research (DIR) that we initiated in May. In review, our momentum approach involves an active management of ETFs. We run monthly screens that show the top performing stocks from each of 6 Dividend ETF categories. We focus on the top 5 stocks for investment, and would sell them if they Read more ➝
July and the second half of the year have started off consistent with historical trends and patterns. The first trading day was mostly positive with S&P 500 and NASDAQ recording gains. However, July has historically been a month of transition with gains early and weakness in the second half. Meanwhile, three seasonal tredns start in July.
The increase is COVID cases in the US along with the upcoming presidential election make for an interesting summer of investors. July through October performance is a high predictor of the election. Is a July rally likely?
July historically is the best performing month of the third quarter. This strength inevitability stirs talk of a “summer rally”, but we must beware of the hype, as summer has historically been the weakest rally of all seasons. Are US election years any different?
Here we update our Dividend Investment Research (DIR) that we initiated last month.
In our momentum appraoch, we run monthly screens that show the top performing stocks from each of 6 Dividend ETF categories.
NASDAQ Seasonality has changed to a more negative stance after today’s negative performance. Caution is warranted in tech stocks. Bonds can be added as summer months can provide weakness to stocks.
Since broad domestic equity indices posted a bottom on March 23rd, they have not looked back. In fact, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have each rebounded with price returns in excess of 30%.
As a result of this upward movement a number of indicators have turned positive. What does this mean longer term for equity markets?