Browsing: Greg Guenthner
Greg Guenthner, CMT, is the managing editor of The Rude Awakening. Greg is a member of the Market Technicians Association and holds the Chartered Market Technician designation.
The Chinese stock market tanked again yesterday, down 8% on the day. And the damage spread to U.S. stocks, as well – 75% of them were down Monday. But as Greg Guenthner explains, you can avoid the carnage. He shows you exactly how.
Greg Guenthner explains why most investors fail to beat the market over time, and how you can...
At the beginning of this month, I tuned you onto this group of stocks with a silly little name: consumer cyclicals. At the time, this sector was up nearly 7% on the year (it’s now up 10%). And it's made up of companies you spend your disposable income on – Comcast, Home Depot and Nike are all major components.
Apple puked up some weak earnings Tuesday night—and that kicked the stock into free-fall on Wednesday. In fact, Apple, Microsoft, and Yahoo! all took hits on less-than-stellar earnings reports. Not a good sign.
And so the loser list grows thanks to earnings season. Earnings can kill trends. It's as simple as that. One minute you're riding high. The next, a crappy number or two sends your stock plummeting.
Thanks to waves of new regulations and a push for cleaner energy sources, coal's had it. But as Greg shows, there is some serious growth potential in other emerging energy sources. Solar has about 0.25 percent of the market, but it won't stay that way for long. So let's shine some sunlight on quality solar stocks...
Since 1998, the S&P 500 has never been up on a day when only 137 of its 500 components were in the green like we saw on Friday. Not one. This crazy divergence doesn’t mean you should cut and run, but it does illustrate one thing: when dealing with a bull that’s getting a little long in the tooth, being selective is vital.
As I've been saying, the market's longer-term trends remain intact. Stocks are a whisker off their highs. And that's the only piece of information you should concern yourself with right now. Everything else is just noise. Focus on that noise and you'll lose the perspective you need to make informed trading decisions.
Wall Street whips retail investors into a frenzy, then cashes in. That's one of the most important things you need to remember as an investor: IPOs don't come around to make you money.They come around to make the company, underwriters, and early-bird institutional investors with deep pockets money. Never forget that.
It doesn't look like anyone can save King Coal. Heck, I thought coal would catch a break back in the fall after the Republicans nabbed the Senate. But no. Even though it generates a significant portion of this country's energy, coal's definitely become one ugly investment. I just can't see any opportunity to make a buck here...