The move from Growth stocks to Value names has been quick and decisive. We look at a big name tech stock to take advantage of a rotation back into growth.
US elections rule the headlines while stimulus package hopes keep the markets afloat. Goldman Sachs likes shorting the USD, but a risk off approach heading into the bullish part of the year should dwarf any currency devaluation issues.
While bonds yields are hopelessly low, managers look for yield in stocks. Seasonality is turning bullish and market breadth is increasing.
Today we look at Ruble softness along with emerging market weakness in August. Turkey’s issues are highlighted. USD strength pressures a rebound in gold. Market indicators get more bearish. September seasonality is discussed.
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 month of June ranks near the bottom of all months for most of the US indexes. Expect volatility during the third week. After that it tends to only get worse.
The best six months of the year for certain US stock indexes has ended. A defensive stance is warranted as the summer months arrive.
After stocks suffer large declines, certain companies perform better during a rebound. Besides focusing on timing the bottom, investors need to know what is likely to perform best. We show some historical statistics to get investors ready.
January is typically a good month for US stocks. However, during election years that is not always the case. Nasdaq stocks usually perform the best in January.
Novemeber is tracking the seasonal patterns very closely. We still expect a mild pullback early next week, but from then on we are likely to see post-Thanksgiving gains. Early December can be disappointing for bullish traders, but as Christmas approaches the bulls come back to the parade.