Archive for November, 2008
Stocks That Don’t Stink Right Now - Take a Sip
Despite what it may feel like, not every single stock has been cut in half over the course of the last few months. Oh, the winners are few and far between to be sure, but there have been a couple of consistent hot spots since this summer. Specifically, water stocks – mostly utilities – have [...]
NYSE Breadth and Depth Bullish, But Inconsistent
For those of you how are fans of breadth and depth - and perhaps the somewhat obscure 90/10 rule - you may be interested in the last five days worth of advancer/volume data for the NYSE. We’ve still not seen a true 90/10 day since late spring (which clearly wasn’t a buy signal then). However, [...]
Consumer Discretionary Stocks Take the Lead
If you were waiting for a sector or group to emerge as the leader out of the market’s ashes, take a look at consumer discretionary stocks. They were up 16.7% last week….the best overall sector. Casinos, homebuilders, and apparel retailers were noteworthy leaders. That’s hardly a defensive posture from an investor’s point of view. No, we [...]
