I’m becoming concerned about tech stocks in general as we move to the later stages of this economic cycle. We’ve seen a deterioration in market breadth with money continuing to chase fewer and fewer stocks (namely tech). Tech stocks were some of the biggest winners in 2017 and the recent bounce after the late January…
European Stocks European stocks and US stocks typically move with a fairly high correlation but they’ve diverged quite a bit over the past 3 years as both the euro currency and British pound have depreciated significantly against the US dollar. I’m thinking we’ll likely see this gap close over the next year so I started…
I added to some existing positions (like Google and Celgene) during the selloff following the Brexit vote but also made some new purchases over the past few weeks that I’ve been meaning to detail. New Positions 1. Red Hat Software (RHT) Red Hat is a distributor of open-source Linux operating systems. Open-source means that the…