The Small Cap index has dropped by about 12% since its November record high…I see this as an opportunity, not a time to panic. Why am I so optimistic and have been for so long? Because I believe in the strength and resilience of the USA economy. Today I uploaded a video on YouTube thatContinue reading “Reinvesting in these stocks…”
Author Archives: John Pugliano
Black Friday Stock Market SELLOFF…an early Christmas present
If you’re concerned about the Black Friday stock market selloff, then take a deep breath and consider the following: For the past 21 months, the Media has vacillated between two mutually exclusive narratives- COVID would squelch demand and thus crash the stock market. Inflation would cause the FED to raise interest rates, which would squelchContinue reading “Black Friday Stock Market SELLOFF…an early Christmas present”
Halloween was a TREAT
Well the media narrative about a Sep-Oct stock market crash was WRONG…again. October was the BEST performing month for the S&P 500 since November 2020. Even better, today the RUSSELL2000 closed just a fraction below its 3/15/2021 high. I remain extremely optimist that the COVID90 portfolio & ReOpening stocks will maintain momentum through yearend, andContinue reading “Halloween was a TREAT”
The meme says it all…
RUSSELL2000 dips below 200dma
For the first time in over a year, the RUSSELL 2000 (Small Cap Index) broke below its 200 day-moving-average. The insolvency of Evergrande (China’s second largest real estate developer) is being blamed for the calamity, but I don’t think there will be a contagion. China’s problems are much larger than Evergrande, and I believe theContinue reading “RUSSELL2000 dips below 200dma”