Momentum Monday….Will COVID Slow Down The Market AND The Biggest Earnings Week Of The Year

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It is Monday which means Ivanhoff and I put together our weekly show talking about the momentum in the markets.

I also shared a few new ideas today.

You can watch or listen here.

Remember that this is a wild week of earnings…basically every big technology company reports this week.

Some charts I found interesting that did not make the weekly video…

The market breadth is slowly improving.

A reminder to turn off your TV because nobody sharing ideas has to follow up on their ‘big calls’. Early this spring, the big hedge fund managers were all talking about their shorts and how the markets were historically overvalued over 20 percent ago…

Bitcoin continues to climb…

China is rising while they get blamed.

The social networks have had a fantastic year relative to the SD&P…have a look. Snapchat and Pinterest are doing most of the heavy lifting.

Finally…your dream office awaits in San Francisco…this chart really blows my mind:

Have a great week everyone.

Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For full disclosures, click here.