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- Patterns Repeat...Breadth is Bad...But it Remains a Market of Stocks
Patterns Repeat...Breadth is Bad...But it Remains a Market of Stocks
If you own the right stocks, this has been an incredible time to own stocks. Take a look at the brands you can’t live without and love:
Some of the most popular retail consumer brands are crushing the market in 2015 with average YTD performance of +43%
— Ivaylo Ivanov (@ivanhoff) Jul. 23 at 10:00 AM
You could add Chipotles, Buffalo Wild Wings and Disney to this group.
Luckily the ‘robo advisors’ and ‘fee’ cutting software algorithms are here to diversify you into a year of 1 percent S&P gains.
As good as it is for the winners, the losers in mobile and tech look like it’s 1999. It is ugly.
Take a look at 3D printing – here compared to the 1999 optical network boom and bust:
1st published chart comparing 3D Printing $DDD vs 2000 Optical Net $JDSU in Nov 2013 , we are almost home.. #Patterns
— Jean Fonteneau (@JFinDallas) Jul. 16 at 01:22 PM
Here is Twitter (with my doodle):
Here is Yelp:
So – you have the ‘good’ and the ‘ugly’…what about the ‘bad’?
My fave ‘chart artists’ and tape readers are concerned about market breadth.
The ‘bad’ has most of my attention. I am not overly concerned with the bad breadth but on alert for it becoming halitosis.
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