The Old Dominion “Snapback” Stock Market? (and Sentiment Results)

The theme of this week’s market commentary is “Snapback.”  I picked it:

1. Because I like the Country band – Old Dominion.

2. To explore the question of whether in fact this is a “Snapback” rally or actually a fake out. Continue reading “The Old Dominion “Snapback” Stock Market? (and Sentiment Results)”

Be in the know. 17 key reads for Monday…

1. Didn’t Sell Before the Big Plunge? Here’s the Good News. (Barron’s)
2. Why U.S. Markets Could Recover Quickly From Coronavirus Hit (Barron’s)
3. Energy Stocks Have Plunged. Here’s an ETF to Play a Rebound. (Barron’s)
4. A China Expert Explains Why Coronavirus Fears Are Overblown (Barron’s)
5. Immigration Is Helping Shield Canada From Global Slowdown (Wall Street Journal)
6. Archery Dodgeball Delivers Exactly What It Promises (Wall Street Journal)
7. Wall Street Has Lost Its Nerve. What Will It Take to Get It Back? (New York Times)
8. Central Banks Pledge to Ensure Stability as OECD Sounds Alarm (Bloomberg)
9. Boeing Goes on Hiring Spree in High-Stakes Gamble on 737 Max (Bloomberg)
10. Italy Shows How to Tackle the Coronavirus Impact (Bloomberg)
11. Investors cannot sit on the fence after coronavirus stock rout — it’s time to buy stocks, Bernstein says (MarketWatch)
12. Surgeon general wants you to stop buying masks to protect yourself from coronavirus: ‘They are not effective’ (MarketWatch)
13. ‘Once you really hate yourself, buy lower than you thought was possible’ — history suggests this approach pays off (MarketWatch)
14. Oil rebounds sharply as traders pin hopes on OPEC cuts this week (MarketWatch)
15. Italy unveils €3.6bn stimulus to tackle coronavirus (Financial Times)
16. Energy Stocks Kinder Morgan, Energy Transfer See Big Insider Buys (Yahoo! Finance)
17. Market Technicians Think the Selloff Isn’t Over (Wall Street Journal)

The ‘Short Term’ 10:3 (Risk to Reward) Stock Market

For those of you who have followed us for some time, you know we have been putting out bullish notes since the August 2019 lows.  You can review each weekly note under the “Sentiment” category of the site.  We called for the end of year “melt-up” just a few weeks after the 2/10 yield curve inverted in early August 2019. Continue reading “The ‘Short Term’ 10:3 (Risk to Reward) Stock Market”

The Chris Janson “Good Vibes” Stock Market (and Sentiment Results)…

This week’s Stock Market commentary and sentiment can best be described by country star Chris Janson’s song, “Good Vibes:”

I ain’t watchin’ TV today
Bad news, it can just stay away
If you ain’t got anything good to say
Then shut your mouth
I got my windows down and my blinders on
Radio set to my favorite song
All green lights on the road I’m on
Man, there ain’t no doubt

Continue reading “The Chris Janson “Good Vibes” Stock Market (and Sentiment Results)…”