What an ugly market week for the markets. Momentum took a hit again, prompting more concerns about a developing market top.
There’s not much we can do other than buckle down, tighten our discipline, and stay the course with our research!
Hopefully you will enjoy this beefed up version of Top Trading Links. We’ve expanded our net and brought in a lot of great research and trading ideas.
Major market Top?
- @JLyonsFundMgmt takes a look at one of the many cool indicators offered by @sentimenttrader. Is a major market top in the works?
- @hertcapital studies past secular bull markets and shares some incredible data.
- @MishGEA explains how we should use jobs data when looking for hints of a recession.
- @TradingOnMark takes a focused look at where the Russell 2000 is via Elliott Wave Theory. If correct, look out below.
- @NoanetTrader breaks down THE potential blow-off top in Biotech.
Also: @awealthofcs offers up a performance comparison between the current biotech rally and the tech bubble.
- mcoscillator.com takes a historical look at new home sales and lumber prices in relation to bear markets.
Market Insights
- @MktAnthropology discusses bullish divergences in the Yen and shares a very interesting analog chart.
- Also: @kimblecharting notes a mega resistance level in the US Dollar/Yen.
- Howard Marks’ latest investor letter is out. “Liquidity can be transient and paradoxical. It’s plentiful when you don’t care about it and scarce when you need it most.”
- @MarcToMarket notes solidifying inflation data across the globe.
Happenings
- Vice signed a deal to do a nightly news show on HBO. It’ll also be on HBO’s upcoming streaming service HBO GO. Vice’s reporting is fantastic and this deal firmly plants their stake as the leading news service of the next generation.
- ishares launched an Exponential Technologies (XT) ETF. The description:
“XT is designed to provide global exposure to companies identified as leaders across key areas of technological transformation from big data and analytics to nanotechnology and bioinformatics. These companies, which also cross industry sectors such as manufacturing, financial services and healthcare, have the potential to profoundly transform society and may offer substantial investment growth opportunities”
- @techtraderdaily compiled a list of thoughts from top analysts about Facebook’s updates released at this week’s developer conference.
- Virtual Reality and Oculus are quickly approaching an inflection point as the Samsung Gear is hitting the mass market this week and while Rift likely comes out later this year.
- @wired looks into the technology in the new MacBook Pro touchpad.
Food for Thought
- @heartcapital discusses ways to break a trading slump.
- @BaseHitInvestor delves into some lessons gleened from Warren Buffet’s early investor letters.
- @farnhamsteet shares life lessons he’s learned over the last few years. It’s amazing how relevant these are to trading and the markets.
- US Brands are dominant. @thedailybeast explains why.
- @WSJ discusses the effects of a stronger dollar – particularly on leading U.S. based multinational brands.
Thanks for reading!
Follow Aaron on Twitter: @ATMcharts
Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
