All Good for Now

PUBLISHED Nov 6, 2021, 3:54:51 PM        SHARE

imgTom Hamilton

Nov. 5, 2021 - The market price action has been very positive and strong as earnings continue to be good to very good and the economic numbers show a continued rebound. What’s there not to like? Well really, not much. Last weeks “Steady as She Goes Captain” title pretty much sums it up. But the rate of upward movement is not typical, at least not for long. I still think that we’ll see some volatility during the rest of the year. Nothing terrible but some small pull backs. Seeing renewed strength during these pull backs will serve as a positive confirmation of the overall trend continuation . . . . up.

A quick look at the chart shows what I mean. That 45 degree climb over the past 3 weeks has been great, but let’s not get too complacent about “that’s what it’s supposed to do”. Our attention may rightful shift to focusing on whether sector rotation comes into play. The general market indexes may be climbing to lofty heights but is the participation equal? Also, is money shifting around from one sector to another as the leaders become “overvalued”?

It’s good to see the Technology sectors back in the lead, but the question is how long can that continue? I think it’s wise to keep an eye open for slowing and stagnation in these groups over the next few months and pay attention to others that are rising. My message is: don’t fall in love with any sector or stock. It may be great now, but “tomorrow is promised to no one” and things can, and will, change.

I/we have a position in an asset mentioned

Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
What is the Fire Movement and EconoMe?

The EconoMe conference goes from November 13th to November 14th at the University of Cincinnati. The conference is about financial independence to retire early (F.I.R.E.) with a special emphasis on community.

You're Invited: Covid Cancellation Conference IV

This series of four webinars will be offered as a partial replacement for some of the sessions originally scheduled for BINC (BetterInvesting National Convention) which has been indefinitely postponed … due to the pandemic. More info: https://expectingalpha.com/2021/11/04/covid-cancellation-conference-nov-10-11/

Steady As She Goes Captain

market commentary

Tesla - Everyday I’m Hodling

In crypto speak, hodling just means you hold onto assets and don’t sell. Why is it so relevant here? Because let me tell you about the time I did sell on Tesla news.

Expecting a Volatile Fall

market commentary

McKesson Corporation – Another Boring Stock for a Winning Portfolio

McKesson continues to grow its revenue and buy-back shares. A possibly good buy for investors... and hopefully McKesson invests in stopping the opioid crisis too

Go For It or Wait For It ?

Stock Market Analysis (at least one view) :)

Evergrande - Why it's a symptom of problems in China

Evergrande is the Canary in the Coal Mine. Buyer Beware. The potential fall of Evergrande is a sign of bigger problems in China

Change of Character ?

Market Thoughts & Comments

Changing Jobs: 5 Ways to Handle your 401(k)

ways to handle the money in your employer-sponsored 401(k) plan when changing jobs

Slow Recovery (?)

Market Comments

Changing Mindsets: Stop Being the Gambler and Become the House

Have you ever heard of the Sharpe Ratio? This little metric is the starting point to change how you think of risk

Mixed Signals

State of the Market (IMHO)

Marijuana Stock and ETF'S

A possible windfall or not?

Weekly Market Comment

Strength of the market

So What Are Tootsie Rolls?

Tootsie Rolls manufactured in the United States since 1907

Buying an Electric Vehicle? Here Is Some Advice.

Why Are Tesla Electric Cars So Expensive 🤔

TL;DR GameStop recent Earnings Results

Now that the dust has settled, how is our favorite meme stock doing?

Market Strength Comment

a quick look at US stock market strength / weakness

Resources for Publishers
Resources for New Investors
Boosted with BossCoin