The top 10 stocks in the Nasdaq 100 (QQQ) make up 56% of the entire index. Apple (AAPL) makes up almost 20% – at least it did before the recent drop of over 20% from its high a couple of months ago.
With that, it is obvious that these mega-caps will...
There are not many reports coming out this week, but there are a few that will be important to watch. With the latest initial claims coming in much higher than was anticipated by economists, the fact was that they obviously did not factor in Hurricane Sandy with their estimates. Or...
Talk of solving the fiscal cliff is beginning and politicians will be all over the news with their comments. The fact is that no matter what, there will be a drag on GDP and they know it. However, this could be one of those times that buying the rumor may...
We have had some great guests over the years on The Disciplined Investor Podcast. Over the past few episodes, I think that there were some terrific guests that had very insightful commentary.
Listen in every week…
TDI Podcast: Hot Hot Latin Stocks with Juan Villegas (#288)
TDI Podcast: The Next Direction for...
This is a good way to look at just how this indicator can look for market inflection points and when a counter-trend move could be soon appearing.
Notice first that the most overheated area occurred on September 14th. That is marked on the S&P 500 chart below.
Follow @andrewhorowitz
Also, on...
