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The iShares EM Fund (EEM) has raced past its 25-day (upper) moving average, giving us a solid buy signal from the Cabot Emerging Markets Timer that is supported by similarly strong performance from the Golden Dragon ETF.

Eight of our stocks reported earnings recently.

Interest rates fell back this week after the odds of a December rate hike briefly fell below 90% (they’ve since rebounded). The trigger was a September inflation data release that showed consumer prices excluding food and energy rising just 1.7% year-over-year, and only 0.1% since August.

This past Wednesday we published the December edition of the Cabot Turnaround Letter. Our first article, “Year-end Selling: Turning Other’s Losses into Gains,” describes three reasons why many investors, including highly experienced professional managers, tend to sell weak stocks toward year end without regard to price or value – and how this can produce quick profits for nimble investors. We include six stocks that look well-positioned to bounce.

The broad market looks healthy. The S&P 500 is close to breaking out to new highs, and the Dow is at its highest level since February, propelled by strong performances from industrial and consumer staples stocks. Energy stocks are still lagging a bit, but everything else looks healthy. We are putting four stocks back on Buy today.

Conan O’Brien was recently undone by his media-hopping fans, demonstrating the way the Internet is changing the way we watch TV.

This month I’m featuring an innovative software company with an AI angle.

While AI is all the rage, bordering on hype, this company’s learning platform has been harnessing the technology for a few years. The latest iterations of AI are likely to help make its product better and open new monetization opportunities.

It’s a neat story and the company has terrific products that are loved by users. Because of the recent run in tech stocks, we’ll start with a half-sized position. Enjoy!

My topic today is the state of the stock market, which I would characterize as a stock picker’s market.

“Double Your Dividends!” That’s the pitch I’ve been seeing in my inbox lately from a fellow investing advisor trying to sell a webinar on covered calls. But what are covered calls, and how can they increase your income from stocks you already own? Here’s the primer I wrote on covered calls last...

This week we are adding leading energy player Devon Energy (DVN). Please note, we will VERY likely collect the $1.55 quarterly dividend in the coming weeks, though I won’t include that in the profit and loss equations as it’s not a certainty.

Coming off three straight weeks of losses, the bulls staged a rebound last week as the S&P 500 gained 3.65%, the Dow rose 2.66% and the Nasdaq rebounded by 4.1%. Though of note, the market is down across the board this morning following a “hot” inflation report. The expiration of our September covered calls is this Friday. Expect to hear from me Thursday afternoon or Friday morning on how we will manage these positions.

This morning, Janet Yellen seemed to indicate (like many Fed speakers in recent days) that a rate hike next month is on the table. But the market doesn’t seem to mind, with the major indexes flat-ish in volatile trading.

The big theme in recent days has been rotation, as the super-hot leading growth stocks have cooled off (including a few that have shown abnormal action) while some of the cyclical and other lagging sectors have gone nuts, pushing indexes like the Dow Industrials sharply higher.

Emerging market stocks have been attempting to bounce after a sharp selloff in late June, but haven’t been able to hold up to investors’ fears of a trade war between the U.S. and China.

For the first time since the market kicked off after the November elections, we’re seeing price/volume action that tells us the sellers are stepping up. This action isn’t a death knell, but it’s worth watching to see if the post-election uptrend is beginning to crack.

Not much has changed with the market environment—the overall market is good, not great, with most indexes above their 50-day lines and the S&P 500 making some progress. The action of the Nasdaq and leading growth stocks, however, remains outstanding, as they continue to race up their charts with minor pullbacks.

Yesterday was the worst day of the year for cannabis stocks, with HEXO (no longer in our portfolio) leading the way down with a plunge of 22.5% after the company announced that revenue for the fiscal fourth quarter, ended July, would be $14.5 to $16.5 million, well short of analysts’ expectations of $24.8 million.

Stock buybacks fell off a cliff in the second quarter. So why did Warren Buffett repurchase $5.1 billion of Berkshire Hathaway shares?

The November pullback has highlighted the market’s new AI leaders—stocks that smart money was eager to buy once the market started bouncing. Here are a few we like now.