As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.
Happy Monday and Columbus day everyone. As always, Ivanhoff and I put together a ‘Momentum Monday’.
Homebuilders, transportation, biotechs, solar, wind and of course software/technology/internet are leading. Even weed stocks are bouncing which has people thinking a ‘blue wave’ is upon us.
I personally have no idea, so will just stick with technology.
Amidst all the technical and price strength is a media fixated on the end of the world.
Here is the cover of Time Magazine this week…
The ‘Wall of Worry’ continues to be climbed.
Have a great week.
Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For full disclosures, click here.