Showing posts with the label Charts

The Bullish Case For Tech Stocks: Goldman I Investopedia Charts

Image The Bullish Case For Tech Stocks: Goldman Mark Kolakowski While many investors have sold tech stocks on concerns about the sector's outlook, Goldman Sachs has undiminished enthusiasm for investing in these companies. "Investors should continue to reward secular growth as the U.S. economy slowly decelerates from its current 4% pace toward trend. Although tech sector valuations stand near cycle highs, they remain low relative to long-term history," Goldman says in its latest Weekly Kickstart report. Additionally, Goldman challenges the notion that investments in tech stocks are dangerously overcrowded. Although tech remains a hedge fund and mutual fund favorite, first quarter position filings showed that tilts in the sector are smaller now than they were in 2016 and 2017. Narrow Market Breadth Goldman acknowledges that market breadth has been ve

The Most Important Chart in America Today - June 3, 2018 | Investopedia

Image The Most Important Chart in America Today JC Parets [OPINION: The views expressed by columnists are those of the author and do not necessarily reflect the views of Investopedia . ] We want to be buying stocks. I don’t think I can be any more clear about that. You guys know me as the obnoxiously bullish guy the past couple of years in the midst of “unprecedented pessimism”. I’m willing to admit that I have an unfair advantage that I just pay attention to price and purposely ignore everything else that most of you have to endure. This focus has allowed me to see clearly what is actually taking place instead of assuming that who I’m listening to or reading knows what’s going on. Today I want to show you guys one single chart that I think tells the story of what the heck is going on here. It is awfully difficult for me to be bearish of stocks if the mo