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Momentum Monday – The World Is Breaking Out

 

Momentum Monday – The World Is Breaking Out

Courtesy of Howard Lindzon

Happy Monday Morning…the world is a different place now that Tesla and Apple have split their stocks. It feels like 1999 which is fine with me because I would be 34 years old and be smart enough to make a note to myself to buy Apple on the iPod announcement.

Over the last 21 years, I have lost more money selling stocks early than all the zero’s I have taken angel investing!

At the Lindzon home we have been thinking about getting another dog and Rachel and I will call her ‘SPAC’.

Speaking of SPACs, the short TikTik titled ‘Daddy what’s a SPAC‘ is perfect.

Let’s get to the momentum…

A reminder that EVERY Saturday morning, Stocktwits emails the Stocktwits Top 25. The Stocktwits Top 25 reports the top 25 performing stocks in the S&P 500, Nasdaq 100, and Russell 2000 year to date (YTD) and tracks their performances over time.

As always, Ivanhoff and I did our weekly show and this week everything looks like it can be bought. My technical friends over at All Star Charts say ‘The World Is Breaking Out‘. Ivanhoff and I agree and tour the markets. Google closed at all-time highs (I am long). They have launched their own form of university with career certificates.

Here is this weeks' episode. My dog Lindzee joined me which is generally bullish.

Most of the technology charts look splendid.

Money is rotating beautifully at all the right times. The boring M’s McDonald’s and Mastercard joined the big technology and restuarant leaders by hitting all-time highs (I own both).

The ‘faith’ which I wrote about yesterday…is firmly behind higher prices no matter what the worriers have to say.

Stocks just love this sluggish economy.

Have a watch of the episode as we cover a bunch of new stock ideas.

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.  

 


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