Weekly Issue: A Number of Our Thematic Leaders Well Positioned for the Holidays

Weekly Issue: A Number of Our Thematic Leaders Well Positioned for the Holidays

Ahead of the Thanksgiving holiday, the stock market continued to take several gut punches this week, which erased the market’s year to date gains. While we saw this coming, it’s still a tough pill to swallow, but we’ll be patient and prepared as we listen to the confirming data that are our Thematic Signals. Inside this issue, we chart the key items to watch over the coming days, including Black Friday to Cyber Monday, the upcoming Fed minutes and the G20 Summit face-off between the US and China. We also take a look at WATT shares.

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Caution still warranted as we book a big win with Chipotle

Caution still warranted as we book a big win with Chipotle

We are booking a hefty win in our Chipotle calls this week, putting the initial capital and big profits into the war chest as we wait out the next leg of the September quarter earnings season, the one that wiped out most of the market’s year to date gains.

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But those economic indicators are so HOT!

But those economic indicators are so HOT!

Economic data has been coming in more positive lately, which has led some to get a wee snarky with yours truly over my finger-wagging warnings that the market is exceptionally pricey.  Ok then, game on! The chart below is the Economic Research Institute’s Weekly Leading Index, which according to ECRI, “has a moderate lead over […]

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Strong Economy, Really?

Strong Economy, Really?

Last week I pointed out that the data coming in wasn’t exactly painting a picture of an increasingly robust economy that would warrant the Fed tightening rates. Last Thursday we learned that initial jobless claims rose again the last week of February to 320,000, significantly above expectations of 295,000. We also learned that US Factory orders fell […]

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