One of the hottest sectors in the stock market is ecommerce. Because of the coronavirus shutdown, ordering products online has exploded. Still, most ecommerce stocks are now technically very overbought. Fundamentally, their valuations are too stretched to justify new buying. None of this is a problem for momentum investors, who
Some investors believe the rules of risk and reward have been suspended, as the U.S. government borrows heavily and the Federal Reserve prints money to prop up the economy. A dangerous connection is forming between stock market investors and politicians gone berserk. There are many stimulus proposals from both Democratic
Scientists tell us there is still not enough known about the novel coronavirus. Don’t tell that to the bulls in the stock market. Bulls think they have it all figured out. They’re bullish because the U.S. economy is opening. People are going back to work. The government is borrowing record
Societal values change over time. “Life, liberty and the pursuit of happiness” is in the Declaration of Independence. The response to the coronavirus and stock market actions have shown that some have adopted new values: “Money, some liberty and the pursuit of more money.” America is in the process of
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
Weekly jobless claims were published Thursday and, again, the total was ugly: 3.8 million. I have witnessed periods when the stock market believes bad news is good news, and good news is great news. At this time, the “hopium” in the market has turned into something quite different from most
I sit surrounded by 17 screens that help me visualize incoming data related to the stock market. These days, front and center, are screens on coronavirus-related stocks. Often stocks start moving faster than I can find out about the news. My Gilead Sciences GILD alarm rang, and a quick glance
Stock market investors have reached nirvana. Governments have socialized losses but kept gains private. American society is being set up for endless profits in the stock market. That suits the rich and the 401(k) middle class. There is an implicit “put” (a protection from losses) in the stock market: That
The stock market is detached from Main Street — that is what I hear from investors most often these days. Many are puzzled, while others are convinced that this is a sucker’s rally. There is merit to both bull and bear cases. The bear case is well-understood, the bull case
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market