Podcast: Play in new window | Download | Embed
Subscribe: Apple Podcasts | Spotify | RSS
Episode 184: In 2015 the market was supported by a handful of stocks, namely FAANG- FaceBook, Apple, Amazon, Netflix & Google. Now only Facebook and Amazon remain above their 50dma.
Just like last year, the indexes appear stable although many leading names are well off their 52 week highs. Sector rotation is switching from “safe stocks” like Utilities & Consumer Staple to a weekly favored sector and then back to “safe”.
Energy & Materials stocks had a nice run but now Materials are breaking down. Will Energy start to drop as the “dash for trash” recovery fades?
————————————————————–
10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: https://www.wealthsteading.com
————————————————————-
Subscribe to the Wealthsteading Podcast:
via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
————————————————————–