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Friday, April 19, 2024

Momentum Monday – Blue Wave?

 

Momentum Monday – Blue Wave?

Courtesy of Howard Lindzon

Happy Monday and Columbus day everyone. As always, Ivanhoff and I put together a ‘Momentum Monday’.

You can watch/listen to this weeks show right here.

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.

 

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