Issues

April 2024

What to Watch For in the S&P After Last Week’s Ugly Drop

April 16, 2024Mike Burnick

Last week was ugly for stocks, no doubt about it. And I’ve seen several questions from TradeSmith members about what’s happening in the stock market. So, I’ll use today’s column to share my views, backed up by the hard data you’ll find in our TradeSmith market indicators. Just to recap, the S&P 500 dropped 1.5% last week, and in the process ended the week right on top of key support near its 50-day moving average, around 5,115. Also, internal market

Read now

March 2024

Small Caps Rise and Shine, Here’s How to Find Potential Winners

March 19, 2024Mike Burnick

As the S&P 500 Index keeps pushing to new highs, I’ve spotted a change in market leadership over the past month: It’s not just Nvidia and the rest of the Magnificent 7 mega-cap stocks leading the way anymore. And that suggests that the market rally is broadening out to include more than just large-cap growth stocks. In fact, it may be finally time for small-cap stocks to shine again. In the table below, you’ll see a summary of stock market

Read now

Two Great TradeSmith Indicators that Go Great Together 

March 12, 2024Mike Burnick

I don’t have much of a sweet tooth and don’t often indulge in desserts. But when I do have a craving for something sweet, I’ll often reach for Reese’s Peanut Butter Cups. For me, this is the blue-chip stock of the candy aisle. Peanut butter and chocolate: “two great tastes that taste great together,” as the announcer puts it in one 1980s-era Reese’s commercial. Investing can be very similar when you find two investment styles or indicators that work even

Read now