Momentum Monday – Hey Bears – Learn To Chill and Go To An Old Fashioned Movie With a Friend

As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.

I am finally back doing Momentum Monday with Ivanhoff. I missed a few weeks, but not much has changed.

The markets are strong and breakouts are almost everywhere.

Ivan and I tour the market and some fresh ideas in today’s episode which you can watch/listen right here.

European markets are joining the party and with the US dollar showing signs of weakness, emerging market stocks are showing signs of life too.

Two of the big names not participating in the all-time high party are Facebook which keeps running into trouble with the government…this time the FTC over how all it’s apps are working together and Amazon.

The New York Times has a good piece on how Amazon is using AWS to wield their power. Reading it reminds me of Microsoft and their old Windows Monopoly.

Have a great week.