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Large cap stocks always have the biggest influence on the market. But 10 large caps in particular are having an outsized influence on the current rally.

New to crypto investing? You should learn about the technology behind it, such as the distinction between Layer One and Layer Two tokens.

The rise of financial technology has been a positive theme of late. With that in mind, these five fintech ETFs are worth your consideration.

Today I’m pleased to bring you the latest installment in our Dick Davis Digests Contributor Interview Series. This time, I asked some questions of Shortex Market Letter Editor Joseph Parnes, who is also president of Technomart Investment Advisors. Parnes’ newsletter is notable for its brevity--in every issue, he recommends 14 positions,...

One of the best ways to put money into great growth stocks is by keeping a list of leading stocks.

Many of the biggest names in the market have already done it. But dual-class shares are never a good idea - for the company or its shareholders.

The story remains mostly the same once again—coming into today, the big-cap indexes are relatively flat, but anything with exposure to names outside of a few mega-caps is down in the 1.5% range. (Even within the S&P 500, the index is down 0.14% coming into Friday, while the equal-weight S&P 500 is down 1.12%.)

It’s a fast-moving battlefield, and negotiations are already underway, but somebody will come out on top. So, what stocks and countries will win the tariff war?

Crypto is both a new financial market and a new kind of technology. Before you can profit from the former, you have to develop an understanding of the latter.

Crypto is a nascent industry but one poised for massive growth. Before you can start investing it pays to learn more about the technology behind it.

There is overwhelming historical evidence that buying good stocks in bear markets is a highly successful long-term strategy. After all, it’s better to buy stocks cheap. And the market always trends higher over time. The truth is that buying stocks in a bear market is the most successful investment strategy ever devised.
Of course, the market may fall further before it recovers. You don’t have to pick one day and invest all your cash. You can trickle in over time. You can invest just a little right now. If the low is already in, you got a great price. If the market falls more, you put more money in later. Over time it will work out.


In this issue, I highlight a portfolio position in the technology sector. The sector plunged into a bear market before the S&P and will likely be one of the first sectors to lead the way back up. The sector was already down less than the overall market in last week’s tumult.

Although uncertainty in the market is growing, there are still strong income stocks out there. But we must be careful to find the right ones. A good stock needs to be resilient in a continuing recession, yet able to thrive amidst high inflation, or both, or neither. In this issue, I highlight such a rare bird.


The portfolio is also eliminating a cyclical position and adding a more defensive one. At the same time, we are seizing upon recent strong performance in another stock and selling a call to lock in a high income in this uncertain market.

The indexes plummeted on rising rate worries and disappointing Goldman Sachs (GS) earnings. The benchmark 10-year Treasury rate soared to 1.85 on Tuesday. That’s the highest level since the pandemic began and up from 1.34% as recently as last month.

So far, 2022 is playing out as expected. But of course, this is only the eighth trading day of the year.

The market’s volatility is a relatively normal correction. But for now, my plan is to keep making incremental moves to try to limit risk and pursue opportunities. Hopefully that will mean a number of positions move back to buy in November but there is one exception noted in today’s update.

The market has had a good year so far. The rally that began at the end of October is still in force. But things are getting wobbly.


Last week’s inflation number came in higher than expected. CPI was 3.1% for January and that’s down a lot from the high of 9.1% in June of 2022. But it’s still above the Fed’s target rate of 2%. And inflation has stopped going down even with interest rates at the highest level in decades. That’s a problem.

The market is up for the year. That’s promising after last year’s debacle. But stocks have been going sideways since the beginning of April and can’t seem to decide on the next decisive direction.


On the one hand, the market has shown inspiring resilience amid the troubling headlines. On the other hand, there is a strong chance that the next significant move is lower after stocks have rallied 20% from the October low.

So far, I like 2023 a whole lot better than last year. At midday on Monday, the S&P 500 is up 3.7% and the Nasdaq is 4.5% higher so far this year. And it hasn’t even been five full trading days yet. Later this week, the December CPI number will come out, on Thursday. CPI is expected to be 6.6%, versus 7.1% in November. Assuming the number comes in at or better than expected, it could be very positive for the market. Falling inflation means the Fed won’t have to be as aggressive and investors could start sniffing out an end to this inflation/Fed conundrum later in the year.

The market is going from wobbly to ominous. As of Tuesday’s close, the S&P is negative for the month of July after having been up 3.5% in the first few weeks of the month.


It’s technology. The weakness in the sector that began in the middle of July is continuing. The worry started with the report of AI chip export restrictions to China and has grown into fears of sector overvaluation and slowing growth. But it’s the heart of earnings season. And earnings will confirm or deny those fears.