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12:20
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This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
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YouTube Video VVVNT0lJcjFvb1JzU3VrUEw3cktOcjBWSFEudUVOOVg5YXpmU0E
11:40
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This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
2
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12:29
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This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
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YouTube Video VVVNT0lJcjFvb1JzU3VrUEw3cktOcjBWSFEucnppazN0OGg1S3M
May 29 – Stock Mentions: SMH, SWKS, FDX, JD, BABA
Michael Kramer and the clients of Mott Capital own SWKS
While the bond market sends secret smoke signals about the economy to the equity market, perhaps the chip stocks are sending a secret message of their own. (See Premium Content: What The Inverted Curve Really Means – At This Point Nothing)
Semis – (SMH)
The chips stocks have been one of the most horribly hit groups during this recent sell-off with the SMH falling a stunning 19.3% (input bear market headline here) just since April 24. But today, they did something unusual; they went up. Yes, they even went up even as the stock market appeared to plunge into the abyss. Amazing stuff.
It seems really en vogue to price everything relative to the S&P 500, so when we look at the SMH relative to the SPY, the ratio is almost back to the fourth quarter doldrums. You know, the first time we were heading to economic doom that never happened.
Oh yeah, the message. The message –perhaps the group, along with the rest of the market is starting to find a bottom and perhaps is even oversold.
S&P 500 (SPY)
Anyway, moving back to doom and gloom. The S&P 500 did a few things today that I found interesting. First, it managed to hold support at the 200-day moving, check. Second, it bounced off the middle downtrend line, check 2. Third, it managed to hold support at 2,768, check 3
I’m not sure alone it means much of anything. But, when you combine that with the action in the chips and it is something to at least build off.
FedEx (FDX)
Throw in a dash of FedEx, and suddenly you could say perhaps we have the makings of something.
I was starting to believe that FedEx wasn’t allowed to rise anymore, but that is what it did today. Then of course when you look at FedEx relative to the SPY, you scratch your head. FedEx hasn’t traded at these levels since the recession in 2008. You have to ask yourself are things really that bad?
Skyworks (SWKS)
When a stock is down by 30% inside of a month, and then it suddenly stops going down, and volume is drying up, you need to take notice. Of course, it could mean the stock is consolidating and getting ready for another leg lower. However, it could also mean that the stock is finding a bottom as the sellers dry up.
Alibaba (BABA)
Or you could be Alibaba, that has volume increasing despite the stock making fresh lows. That is not a good sign. It means more seller’s maybe creeping in. Careful, next stop could be $141.
China Currency (RMB)
It doesn’t particularly look good either when the RMB appears it is getting ready for its next leg lower. But don’t worry the Chinese government will crush any short-seller that bets against the yuan. Don’t worry its totally free floating with no government intervention… OK 😆
JD
For JD neither.
…to be continued…
-Mike
Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.
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This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
The Stock Market May Be At Peak Valuation - Advanced Topics
Mott Capital's Market Chronicles June 13, 2025 2:08 PM