by Trent Smalley, CMT | Aug 20, 2019 | Investing, Stock Market Commentary, Stock Market Trends
The larger cap marijuana stocks have been on the hot mess express since early this spring. The ETFMG Alternative Harvest ETF ($MJ) started off the year smoking (hehehe) but have come all the way back in to levels not seen since January. However, a near term bottom may...
by Trent Smalley, CMT | Aug 18, 2019 | Stock Market Trends
I am planning an entry into IHS Markit ($INFO) early this week as it satisfies all I look for in an investment opportunity. Let’s take a moment to go over which factors I look for when planning to take on new risk in the form of a longer term stock holding, both...
by Trent Smalley, CMT | Jul 26, 2019 | Stock Market Commentary, Stock Market Trends
[vc_row][vc_column][vc_column_text] The phrase, “Buy The Dip” (#BTD) is so well known to the active money management community that it likely shows up in abbreviated form on someone’s personalized license plates. Further emphasis is used at times as...
by Trent Smalley, CMT | Jul 23, 2019 | Stock Market Commentary, Stock Market Trends
A group of stocks traders and investors alike tend to keep a close eye on is that of semiconductors. Their widespread use in all industries and the companies that manufacture and test them are considered to be barometers of the health of the overall economy. Yesterday...
by Trent Smalley, CMT | Feb 25, 2019 | Stock Market Commentary, Stock Market Trends
If you are interested in seeing a price level in which “the market” as judged by the S&P 500 Index (or SPY ETF) should stall out, at least temporarily, look no further. The $280-281 price level should serve as resistance in the near term: Taking into...
by Trent Smalley, CMT | Feb 19, 2019 | Stock Market Commentary, Stock Market Trends, U.S. Stock Services Weekly Newsletter
The bond market is wondering…… Roughly eight weeks ago the stock market was experiencing selling pressure not seen in many years – I would argue a decade. Ever since, things have changed; pundits would tell you “we’re back to normal” – because, of course, up = normal...