Episode: Why Tech Keeps Dominating the Broader Bull Market

Stansberry Investors MarketCast Logo
Why Tech Keeps Dominating the Broader Bull Market

Your Marketcast hosts recap last week's market movements. Scott notes that the gains are concentrated around a small group of stocks – AMZN up 55% for the year, and NFLX almost 100%, as the tech-laden Nasdaq outpaces the S&P 500 this year by almost 3-to1. Scott and John discuss what that could mean for the S&P 500. “You could see it go as high as 2850.”

John brings up BlackRock CEO Larry Fink’s warning that tariff turmoil could lead to a 10%-15% market rout. Scott breaks down some numbers in BlackRock’s own performance, and why the nervousness of giant institutional players has a big silver lining for traders.

Once again, headlines from the week included trade wars with China, a standoff with the European Union and NATO, and President Trump's meetings with UK Prime Minister Theresa May and Russian President Vladimir Putin. John and Scott discuss why the markets are beginning to shrug off these headlines, and where the focus is shifting to.

John asks Scott about the market's expectations for earnings season, and Scott points to current sentiment as a reason that this earnings period could produce some impressive numbers.

John and Scott discuss this week's upcoming speeches from Fed chair Jerome Powell – and why Powell's hawkish tone could mean good things for growth, and how the economic indicators are backing this stance.

John talks about the beginning of earnings season with the big banks, and wonders what there is to love about large cap U.S. banks.

John describes how the "Trump Dump Trade" can create great buying opportunities.

John asks Scott about this week's meeting between Putin and Trump, and Scott explains that this could have an effect on oil that no one seems to be taking about.

John and Scott discuss bond yields, and John asks why long-term yields (which are usually focused on growth potential) aren't moving despite the "positive" growth outlook. Scott and John discuss what factors are pushing the yield curve flatter.

Coming up this week: John and Scott discuss the big names that report earnings this week, and how you can expect the market to react.


Stansberry Investors MarketCast
Users who viewed this episode also viewed...

Stansberry Investors MarketCast > Why Markets Are Confirming Trump’s Trade War Advantage

Markets dip a little on rumbles of a trade war escalation, a slight downward revision for GDP growth figures, as well as big banks’ stress tests. John reveals the main bright spot this week for markets: a comprehensive capital analysis review straight from the Fed that sets up a handful of the big banking stocks to dramatically ramp up their stock buybacks and dividends – more than $110 billion from the top four banks alone...

Stansberry Investors MarketCast > Why "Late Cycle Sectors" Are Piling Into This Bull Market

John and Scott recap the week that was – a solid week for the S&P 500 and an even better week for the tech-heavy Nasdaq, with small-caps outpacing both – and John notes how “late cycle” sectors – the areas that usually tag along towards the end of bull markets – are up as much as 10% over the last month...

Stansberry Investors MarketCast > 20: Signs of a Recession and How to Play a Market Top

Since 2008, the global monetary system has sent trillions coursing through economies on a one way bet for growth. What happens when it all starts to unwind? John and Scott wonder what the Eurozone will look like next year as a breakup of the euro is being tossed around, refugee issues boil over, and QE comes to an end...
Comments (0)

Login or Sign up to leave a comment.

Log in
Sign up

Be the first to comment.