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Happy Monday and Columbus day everyone. The markets will be closed today, but Ivanhoff and I never take a ‘Momentum Monday’ off.
Homebuilders, transportation, biotechs, solar, wind and of course software/technology/internet are leading. Even weed stocks are bouncing which has people thinking a ‘blue wave’ is upon us.
I personally have no idea, so will just stick with technology.
Amidst all the technical and price strength is a media fixated on the end of the world.
Here is the cover of Time Magazine this week…
The ‘Wall of Worry’ continues to be climbed.
Have a great week.
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