Momentum Monday — The Waiting and S&P 2,600

howardlindzon
Jan 15 · 1 min read

As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.

I am in Toronto and Ivanhoff is in Bulgaria.

I went to my first leaf game in 20 years last night. A popcorn is $8 and a beer is $12. I never comment on food prices, but WTF!

Before I get into this weeks episode, the Techmeme team asked to do a short podcast with me on the state of the big tech stocks. It came out well so have a listen.

Onwards…

The markets continue to digest the big oversold rally. The resistance at S&P 2,600 is real!

Here is today’s episode which covers a lot of ground from biotech to enterprise stocks and our Momentum 50 list:

As an extra today, I thought people might also like the 2019 prediction video from Scott Galloway and his partner Maureen Mullen:

PS — This clip of Snoop Dog in the booth color commentating his first hockey game was a classic.


Originally published at Howard Lindzon.

    howardlindzon

    Written by

    Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
    Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
    Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade