Twelve For '12: Sector ETFs to Watch In The New Year
Some stock pickers start with a screen. I start with a concept: Look for the hated!
I search for investment themes that are decidely contrarian. That means that few like the concept, the sector or the stock. The themes must meet several important critera:
Negative sentiment and/or polling
and most importantly -- hatred.
Thursday, June 2, 2011 (Stocks Close Mixed Ahead of Tomorrow’s May Jobs Report)
Today was quit a volatile session before the May jobs report is disclosed tomorrow morning at 8:30. Stocks traded in both directions today significantly. At the end of the day the Nasdaq Composite (QQQQ) led the market today with a mild 0.2% gain while the DJIA (DIA) and S&P 500 (SPY) fell in small order 0.3% and 0.1%, respectively.
Brett's Stock Market Pulse Monday, May 16, 2011 Update (Heading Towards 50-Day)
BTDStocks.com Thursday, December 2, 2010 End-Of-Update
The stock market had another nice day in terms of price action with the major indexes all posting gains of 1% or higher. Breadth was strong again (not like when the rally began in March 2009-could indicate a late stage bull market) but volume figures are making it difficult to determine if the resumption of the rally is for real or just a head fake.
BTDStocks.com Wednesday, December 1, 2010 End-Of-Day Update
As we have been suggesting the recent stock market consolidation has been constructive enough that we have reframed from calling it a correction. One reason for our thesis is the Semiconductor Index (SOX) has remained strong and outperformed the broader market during the consolidation phase. Good economic data today propelled stocks significantly higher.
BTDStocks.com Tuesday, November 30, 2010 End-Of-Day Update
For the third session in a row stocks had a down day. Just like yesterday stock opened weak and had an afternoon rally. Only today stocks materially weakened in late trading and couldn't finish near their highs. As a result, we are lowering the support/resistance levels for the DJIA (DIA), S&P 500 (SPY), and Nasdaq Composite (QQQQ) (see below).
BTDStocks.com Monday, November 29, 2010 End-Of-Day Update
BTDStocks.com Friday, November 26, 2010 End-Of-Day Update
In a holiday shortened session stocks declined with the market closing early today. The stock market continues to be in a constructive consolidation. We are making minor adjustments to the support/resistance levels on the DJIA (DIA), S&P 500 (SPY), and Nasdaq Composite (QQQQ) (see below).