Although broad domestic equity benchmarks are at or near all-time highs, 2021 has been a difficult year for momentum investors.
End of summer, back to school, and end of Q3 have created problems for markets in the past. Will history repeat this year?
As part of the US infrastructure bill, EV charging stations will get some government support. Its not enough, and private investment will lead the development of a huge network of EV charging ports.
Legislation changes and a tie up with another major medtech innovator help propel this company’s product into every operating room.
July Job’s Data usually is negative for the market. Seasonal bullishness in tech stocks starts soon, but the market needs to pullback for a better entry.
Technical market indicators are weakening as August approaches. Post Election Year weakness is likely to arise in the next two months.
August is usually a weak month for investors. Post-election year Augusts are no different.
The NASDAQ’s “Best Eight Months” and Mid-Year Rally have come to an end.
July is the best of the worst months, but in post-election years it unexpectedly better than usual.
With this stock out of favor yet showing some stable base building, investors are ignoring major catalyst occurring before month end.