We keep expecting volatility but have not gotten it…at least since January.

I won’t guess when volatility returns, this has been a great year for the US markets and an especially great year for people that like buying individual stocks.

The stock market is a popularity contest and with trends, the catalysts for the trend generally trumps the fundamentals. Fundamentals matter, but they are easier to dig into once companies slow down or have already dropped out of fashion.

Today’s episode covers some new ideas in biotech and software software. I end with hypothesis why the banking stocks may be the strongest ever financially, but may continue to underperform.

Here is this week’s episode:

As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing 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.