[widget id=”text-22″] [widget id=”text-28″] Banks Bounce But Far From a Victory, Plus Micron Netflix, Amazon, Oil, and the Dollar [widget id=”text-19″] MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NETFLIX Well, it was bound to happen eventually right? That’s right; the bank stock went up today! Yay! The BKX and XLF were …
Tag: banks
The Banks Break With More Downside To Come, Plus Netflix, Amazon, Chips
[widget id=”text-22″] [widget id=”text-23″] The Banks Break With More Downside To Come, Plus Netflix, Amazon, Chips [widget id=”text-19″] MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX It certainly has become clear what happens to the stock market now when technology, biotech, and discretionary are not involved, and it is not good. If …
Banks and Industrial Stocks Continue To Break Down As Outlook Worsens
[widget id=”text-22″] [widget id=”text-23″] Banks and Industrial Stocks Continue To Break Down As Outlook Worsens [widget id=”text-19″] On July 19 I will be one of three panelists talking about the state of the stock market and where it is going at the StockTwits Future Forum. S&P 500 The S&P 500 had a random day and …
Micron Trading Underwhelms, Tesla Put To The Test, and Boeing Heads Lower
[widget id=”text-22″] [widget id=”text-23″] Micron Trading Underwhelms, Tesla Put To The Test, and Boeing Heads Lower [widget id=”text-19″] MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF ALKS AND TESLA Happy Summer Solstice! The S&P 500 The S&P 500 finished lower by about 60 bps and pretty much killed my theory we would …
The Reflation Trade Is Dead, Plus Micron, Roku, Netflix, and Biotech’s
[widget id=”text-28″] [widget id=”text-22″] The Reflation Trade Is Dead, Plus Micron, Roku, Netflix, and Biotech’s MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX [widget id=”text-19″] The Reflation Trade is Dead If you haven’t seen this chart before, then take a close look at it. It is a comparison between the Nasdaq …
Amazon, Microsoft, Alphabet, Netflix Heading Higher, as Banks Plunge – The Week of June 18
[widget id=”text-28″] [widget id=”text-23″] Amazon, Microsoft, Alphabet, Netflix Heading Higher, as Banks Plunge – The Week of June 18 MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NFLX and googl [widget id=”text-19″] The Week of June 18 The stock market rally will likely continue the week of June 18. The setup in the …
Banks, Intel, Micron, Square, Twitter, P&G – The Daily Rundown for June 8
[widget id=”text-23″] [widget id=”text-28″] Banks, Intel, Micron, Square, Twitter, P&G [widget id=”text-19″] Well, it was another positive day for stocks, with the S&P 500 rising another 30 bps, and closing the week at 2,779. We are now less than 1 percent away from 2,800, and it doesn’t get better than that! It wasn’t technology or …
Sector Rotation Is Churning Beneath The Stock Market’s Surface
[widget id=”text-28″] [widget id=”text-22″] Sector Rotation Is Churning Beneath The Stock Market’s Surface [widget id=”text-19″] Michael kramer and the clients of mott capital own nflx First, thank you to Market Watch for picking my Italeave commentary for their call of the day! Thank you! It was as if Italy never happened for the stock market! Today …
Italeave Is Back as Banks and Yields Are Crushed, Sector Rotation Is On!
[widget id=”text-22″] [widget id=”text-28″] Italeave Is Back as Banks and Yields Are Crushed, Sector Rotation Is On! [widget id=”text-19″] I have no idea how the Italians are going to vote when they hold their snap elections, nor do I intend to learn too much about it, it is not even clear when they will be, …
Banks, Bets, Breakouts, and Blame – Freaky Friday
[widget id=”text-23″] Banks, Bets, Breakouts, and Blame – Freaky Friday It was another exciting day in the stock market. Nah not really, it was mostly uneventful. Technicals continue to dominate trading, with the S&P 500 testing resistance at 2,672, and testing support at 2,647, at the end of the day, we closed at 2,656. [widget id=”text-19″] …
Technology Stocks Are Getting Ready To Go Higher, Plus Much More
[widget id=”text-23″] Technology Stocks Are Getting Ready To Go Higher There were a couple of positive developments today. First, the S&P was higher, by 83bps, and closed at 2,663. Next, the close above that pesky resistance level at 2,660 we had been watching. Today also established that 2,672 is now the next resistance area. The last …
The Stock Market Will Continue To Rise As Red Flag’s Blow Away
[widget id=”text-23″] The Stock Market Will Continue To Rise As Red Flag’s Blow Away Just like that the stock market recouped nearly half its loses from last week, with the S&P 500 surging by almost 2.7 percent. Maybe it is me, but did anything materially change from Friday? Did all those Red Flag’s blow away? …
2 Reasons Why The Stock Market Is Falling- It Ain’t Trade War Fears
[widget id=”text-23″] 2 Reasons Why The Stock Market Is Falling- It Ain’t Trade War Fears [widget id=”text-21″] The markets sure moves fast these days, the S&P 500 was down by nearly 6 percent this week! $1.1 trillion in market cap wiped off the S&P 500 over the past two days, and $1.5 trillion for the …
What The Stock Market Says About 2018
[widget id=”wordads_sidebar_widget-18″] What The Stock Market Says About 2018 2017 is over, but it is not forgotten. Looking back at the past couple of weeks of 2017 could give some excellent clues about how the stock market may start 2018. With no surprise Technology stocks were the runaway winners in 2017, with the Technology Sector …
Biotech Stocks Breakout, Plus Roku, Technology, Oil, Inflation, Banks
Biotech Stocks Breakout, Plus Roku, Technology, Oil, Inflation, Banks [widget id=”wordads_sidebar_widget-18″] Biotech stocks have quietly broken out, and the Nasdaq Biotech ETF ($IBB) is trading above $107. We have been watching the IBB ETF now for a couple of weeks waiting for this breakout to happen and it has. That is a big deal, and …
Technology Sell-Off Continues As S&P 500 Makes Big Reversal
Technology Sell-off Continues As S&P 500 Makes Big Reversal It was another wild day on Wall Street, with the Technology S&P 500 having a huge reversal. Stocks open strongly, but Technology began to fade by mid-morning, and by the close, the S&P 500 had reversed a nearly 80 bps advance to close down by 10 bps. [vc_row css_animation=”” …
Technology Rotation Continues – Silver Linings Emerge
Technology Rotation Continues – Silver Linings Emerge There is no doubt that investors are getting excited about a corporate tax cut that is on the horizon. You can see it just by looking at the sector performance; it is clear as a beautiful day in Montauk on the eastern end of Long Island, overlooking the Block Island …
Tech Wreck V2.5 – Tech Smashed as Banks Rally On Tax Reform
Tech Wreck V2.5 – Tech Smashed as Banks Rally On Tax Reform We have seen this story before, haven’t we? Tech gets smashed in one day, falling by 1 to 2 percent. It happened a number of times over the summer. So how does it work, somebody wakes up one morning and says “I think we …
Banks And Discretionary Stocks Lead S&P 500 Higher In Race To 2,700
Banks And Discretionary Stocks Lead S&P 500 Higher In Race To 2,700 Do you believe? It would seem this market still has another leg left to go higher, with the push to 2,700 officially on. We opined last week that hedge fund underperformance coupled with a pullback that was shallower than expected could lead to a …
Banks And Inflation Will Be In Focus This Week
Banks The calendar is heating up this month, and just because it is summertime doesn’t mean the market stops either. This week kicks off earnings, and we get some key inflation data at the end of the week as well. The earnings kick-off with JP Morgan (JPM), Citigroup (C), PNC Financial (PNC), and Wells Fargo (WFC) …