Before the Open (Mar 11 – 15)

Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. China and Malaysia did well, but Hong Kong, South Korea, India, Taiwan, Australia, Indonesia, Thailand and the Philippines were weak. Europe, Africa and the Middle East lean to the upside. France, Germany, Norway, Spain, Italy, Portugal, Austria and Sweden are up; Denmark, Poland, Turkey, the […]

Before the Open (Mar 4-8)

Good morning. Happy Friday. The Asian/Pacific markets did very well. China, Hong Kong, South Korea, Taiwan, Australia, New Zealand, Thailand and the Philippines did great. Europe, Africa and the Middle East are currently quiet and little changed. Turkey and Sweden are up; the UK, Denmark and Portugal are down. Futures in the States point to […]

A Summary of Bitcoin Stocks

Bitcoin stocks are hot. I’ve profiled them at Leavitt Brothers, on our blog and in videos posted on YouTube. The goal here is to summarize my top ideas. Let’s set the stage first. Here’s a comparison of seven asset classes, which are: bitcoin, commodities, bonds, high-yield bonds, domestic stocks (S&P 500), emerging markets and gold. […]

Before the Open (Feb 26-Mar 1)

Good morning. Happy Friday. The Asian/Pacific markets leaned to the upside. Japan, China and India led while Malaysia was weak. Europe, Africa and the Middle East are doing well. Turkey is weak, but the UK, Denmark, Germany, Switzerland, Norway, Hungary, Spain, Italy, Portugal, Israel and Austria are doing well. Futures in the States point to […]

Before the Open (Feb 12-16)

Good morning. Happy Friday. The Asian/Pacific markets mostly did well. Japan, Hong Kong, South Korea, Australia, New Zealand and Singapore posted solid gains. Europe, Africa and the Middle East are currently doing well. The UK, Poland, Finland, Norway, Austria and Sweden are doing great, and France, Germany, South Africa, Switzerland, the Netherlands, Portugal and Israel […]

Bad Breadth is Everywhere

On the surface, the market is doing great. Several indexes have printed new highs recently, and tech is leading the charge. But beneath the surface, the market is thin. Participation is not good. The market gains are not supported. The advance-decline line leans down; the high-low on various lookback periods are trending lower; and stocks […]

Before the Open (Feb 5-9)

Good morning. Happy Friday. The Asian/Pacific markets were either closed or little changed. Europe, Africa and the Middle East currently lean to the upside. Denmark, Turkey, Norway, Hungary, the Netherlands and Portugal are up; South Africa, Finland, Austria and the Czech Republic are down. Futures in the States point positive open for the cash market. […]