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Alfonso’s Daily Note Articles

Displaying 145 - 166 of 166

Eric Balchunas was on the Morning Show today.

I always love to hear his thoughts as he’s one of the best in business when it comes to ETFs.

He really made a...

Alfonso’s Daily Note
Alfonso

Consumer Discretionary stocks are a reliable gauge of risk appetite and market health.Consider these as automobiles, retail, and homebuilding—industries that offer products and services consumers purchase with their discretionary income.When...

Alfonso’s Daily Note
Alfonso

Bitcoin is on the verge of resolving higher from a massive consolidation phase.

This isn’t just a short-term consolidation; it’s one of those bases that typically marks...

Alfonso’s Daily Note
Alfonso

Health Care stocks were under pressure again this week with the large cap SPDR $XLV falling about 3%.XLV is now the worst performing sector SPDR over the trailing 1-month and 3-month timeframe.When we look at Health Care on an equal weight basis, the...

Alfonso’s Daily Note
Alfonso

When I think about bonds, credit spreads are always at the top of my mind because they provide an excellent gauge of market health.

We simply measure the yield difference between a Treasury bond and a High-yield bond with the same maturity.

...
Alfonso’s Daily Note
Alfonso

Technology stocks have been underperforming for the last three months.

However, when I dive beneath the surface looking for relative strength, software stocks catch my attention.

Here you have the Software ETF $IGV on the cusp of breaking...

Alfonso’s Daily Note
Alfonso

Chinese equities are surging like never before in history.

The iShares China Large-Cap ETF $FXI rallied over 18%, marking its best week ever.

We call this a "momentum thrust". Such extreme readings often precede rallies...

Alfonso’s Daily Note
Alfonso

Precious metals continue to show strength as both gold and silver hit new highs in today's session.

First, it was gold leading the charge, and now silver is making its move.

Let’s take a look at this silver futures chart:

 ...
Alfonso’s Daily Note
Alfonso

Gold has been getting a lot of attention lately as it presses against its highest levels in history.

This is an exciting time to be a gold enthusiast.

Just look at what the price is doing.

Here's a long-term chart of gold breaking...

Alfonso’s Daily Note
Alfonso