Broader Market Review We are right in the middle of the dip I described and projected last week in my report "Weed, Bitcoin and Fake Meat", dated February 17, 2019. I wrote: "Short term, the model shows another dip soon. Before the end of the month the Dow Jones Industrial Average could begin another 1,000 point retracement (price adjustment) to the ascending pink line support, just like it did two weeks ago. If you want to take some profits, now would be a good time. I would es … [Read more...]

The pundits are proclaiming that bonds will rally from here and it's time to raise cash by selling stocks. Very short term, they might be right. Longer term, not so much. Broader Market Review The 1,200 Dow point surge off my February 3rd projected reversal bottom has been impressive, to say the least. The broader market indexes made new highs and the expansion marches on. My longer term forecast remains unchanged: a robust 2020 expansion with the usual chop, a seasonally weak summer and … [Read more...]

Impeachment concerns: gone. Coronavirus worries: hopefully waning but probably providing multiple lower entry opportunities. Foreign military issues: "normalized". Trade wars: not so much. Recession talk: blah, blah. Tesla rip: unbelievable (Go Elon). Dow reversal off bottom last week: just beautiful. Bitcoin bottoming? maybe. My 50th high school reunion this year: Holy @!#&*! Batman! Broader Market Review What a wild week! The Dow reversed higher as projected last week. It bounced p … [Read more...]

Wrapping up the "Best of the Best" series, I have to include the following companies. They are all positioned to channel higher during the 2020 expansion. The Walt Disney Company (DIS) Roku Inc (ROKU) Shake Shack Inc (SHAK) Costco Wholesale Corp (COST)..if Costco doesn't sell it, I don't need it. BioTelemetry Inc (BEAT) PayPal Holdings Inc (PYPL) Netflix Inc (NFLX) Square (SQ) Facebook Inc (FB) Amazon.Com Inc (AMZN) Apple … [Read more...]

Continuation of individual stocks best positioned for 2020 expansion... Software Companies, cont.. Everbridge (EVBG) Talend (TLND) Bandwidth (BAND) Microsoft Corp (MSFT)  long term cycle projection to 2044 Semiconductor Companies: NVIDIA (NVDA) Cisco Systems Inc (CSCO) Advanced Micro Devices (AMD) Intel Corp (INTC) Micron Technology Inc (MU) Skyworks Solutions Inc (SWKS) Financials: Berkshire Hathaway Cl B … [Read more...]