Search

Three portfolio stocks recently reported earnings and one moves to Strong Buy.

It’s been a solid rebound week for the markets, but as has been the case lately, it really depends on where you look—many major indexes actually hit new highs yesterday, but the Nasdaq could “only” get back to its 50-day line, and so far this morning, we’re seeing some sellers reemerge.

Bitcoin was created in 2009, but cryptocurrency investing didn’t reach the mainstream until a decade later. Here’s what to look for in 2022.

Between record state-level cannabis sales, improving price compression and positive polling, there are signs of hope that cannabis stocks may finally get out of the doldrums.

It’s been a mixed week for the market, with the big-cap indexes doing well and many leading growth titles again showing strength, but the broad market and many sectors were sluggish (not awful, just down some) and we have started to see a few leaders here and there that have begun to wobble.

Last week’s improved vibes have quickly fallen by the wayside as the market got hit first by another round of hawkish Fed talk and then, more importantly, of fears that something is coming loose in the system—the failure of Silvergate (SI) was half expected, but the implosion and run on SVB Financial (SIVB) is sending shockwaves through the banking system.

We are recommending shares of CNH Industrial (CNHI) as a new Buy. The company is a major producer of agriculture (80% of sales) and construction (20% of sales) equipment for customers around the world and is the #2 ag equipment producer in North America (behind Deere). It also provides related supplies, services and financing.

Ahead of a monster week of economic data and earnings releases the S&P 500 fell 0.85%, the Dow lost 2.6%, and the Nasdaq gained 0.4%

All the focus is on federal rescheduling, but these three state-level developments may be more important for cannabis investors and cannabis stocks.

‘Tis the season for New Year’s resolutions. Here are four financial resolutions for 2025.

$10,000 gold may seem like an outlandish claim, but investors trying to preserve their purchasing power in the face of relentless money-printing may make it a reality.

The selloff in leading stocks that started last week has continued, and now it’s spilled over into the major indexes, as it usually does—most indexes were down 2% or more on the week, including the Nasdaq down 5% and many growth measures off 4%-plus.

We had been writing about some of the secondary yellow flags that had been popping up of late, mainly due to the incredible rise in many growth stocks in both price (well above moving averages) and time (the biggest winners got going back in September), as well as near-term sentiment (getting giddy, not just with growth stocks but everything post-election).

Inflation may be easing somewhat but interest rates will continue to move upward, presenting a headwind for markets. Investors are acting on bargains but in restrained ways until an uptrend develops. The Explorer’s Fanuc (FANUY) is up 10% in the last two weeks and Chilean real asset play SQM is up about 25% in the last five weeks. Today, we add another new overseas play, this time from London.

Also this week, President Biden signed the $280 billion CHIPs and Science Act. American companies such as Intel and Micron Technology have announced substantial investments in chip manufacturing in an effort to lobby for these subsidies but now announce that they are pulling back as demand for chips used in electronics such as laptops and cell phones is weakening.

We’re not ready to declare an end to the market’s correction, despite last week’s encouraging action. After all, a horrendous November (the Nasdaq was down more than 10% for the month before last week’s rally) was bound to lead to some type of bounce; what happens from here will be key. Regardless, there’s no question that many stocks improved their standing, finding big-volume support and, in some cases, shooting to new peaks. These are the names you want at the top of your watch list; the first groups out of the gate usually lead the ensuing bull move. For now, we advise continued prudence – buying just small amounts, keeping some cash on the sideline – but you should also be ready to turn bullish if the market follows-through powerfully in the days ahead. This weeks’ Top Ten contains an eclectic mix of names, some conservative, some high-flying. Our favorite: Turkcell (TKC), the leading wireless service provider in Turkey, which is registering strong bottom-line growth. We love the big-volume upside of late, a sign big investors will support the stock on any pullback.

Stock Name	Price	Buy Range	Loss Limit
ANR (ANR)	0.00	25-28	-
DV (DV)	0.00	50-55	-
FOSL (FOSL)	0.00	40-43	-
ISRG (ISRG)	0.00	310-325	-
OSIP (OSIP)	0.00	42-46	-
SLT (SLT)	0.00	22-25	-
SOHU (SOHU)	0.00	53-60	-
TKC (TKC)	0.00	24-27	-
VRSN (VRSN)	0.00	38-40	-
WFR (WFR)	0.00	73-77	-

We’re looking at economic data that could push interest rates upward (rising food price inflation and business expansion) and we’re also looking at economic data that could push rates downward (GDP potentially falling due to China tariffs, and slowing employment numbers).