Rocky, because the vix is doing something funky and could spell trouble for stocks. The action starts right now. Well get right to it because one area struck fear in the hearts of the traders today and that would be the energy. The sector had a recordbreaking 13 straight weeks of losses exxon hitting a oneyear low on records. The question is now, are big dividends still safe . Well get in the money and see what brian kelly says. This is a rare appearance, so rare, in fact, you forgot to take off your tie. Well start with you. I didnt have time. Listen, i do think the dividends are a danger. Particularly with the big exxon and chevron, those types of things. Over the next 18 months theres time to buy these. Its not right now. We saw oil price increasing. That means Oil Production is increasing. I dont think saudi arabia is going to cut, i see oil in the 30s easily. The increase in production the around 2 Million Barrels a day. So that is obviously a huge problem. You pointed out the rat
Expecting one of these names to break out when it reports earnings next week well tell you which one the action begins right now. Lets get to it it has been a wild week for technology stocks. The nasdaq 100 alternating each day between 1 selloffs and 1 rallies only to end higher by just a hair. Could this be painting the picture for more volatility to come is that a good thing for the group . Lets get in the money mike, what do you think . The first thing i would say, generally speaking when volatility is very low, thats a good sign for the market when you see it sub11, sub10, generally speaking the next 30 days are pretty rosie. When you see it tick up you have more cause for concern weve had this situation where a lot of these stocks didnt seem to want to move. Now we have evidence that they can and some have moved sharply to the down side if youre long, you sure weary because of that. I think so. We saw what the move in Interest Rates does it changes the mathematics for stocks we ta
Lets get right to it. Tech has finally joined the trump rally. Surging more than 3 to a record high. This as we saw big moves from tech titans, alphabet, microsoft, facebook and apple. So is tech your best bet and which stocks could go higher . Lets get in the money right now. Not a moment to spare, dan. Yeah. So we spend an awful lot of time talking about them and oddly we have not been talking a whole heck of a lot about them. Whats interesting there, when you look at amazon and facebook, they have not really participated. Theyre still down 10 from their alltime highs. Possibly a valuation thing, possibly in october. The other two, the ones that have very reasonable valuation, apple and alphabet started to join the party. This week alone, lets talk about google, up 5 . It had a really nice balance off what looks to be some support. Look at this rally. This stock has just joined the party and apple did too. This one is interesting, when you this i about it. There is a Company Expected
Year. Why it could get even worse and how you can profit. The action begins right now. Lets get right to it with the trump rally on pause and the dow stuck below 20 k, one hot sector showing signs of cooling off. Dan, looking at the industrials . Mel, it was one of the right out of the gate, right after the election, it was one of the sectors that took off. I want to look at the xli, the spider industrial etf. Whats interesting about the makeup of that etf, theres a lot of defense stocks, theres a lot of industrial stocks like equipment stocks, cater pill letter, and transport stocks. Transport stocks have been doing a lot of the heavy lifting. Unp up 30 on the year, fed ex up, u. P. S. Up. General electric, which is the largest weighted component in the xli at about 10 , is only up about 2 on the year. Its real mass of underportland. 55 of their sales come from overseas and i think thats obviously something that came postelection too. Then a couple other things that lead me to believe
And i love gold gold just did something it hasnt done since 2012, and the chart master says it could point to major gains in the year ahead. The action begins now. Stay right there because 2016 is officially in the books, and the worst performing sector goes to healthcare. The Group Falling 4 this year and only sector to close in the red. Should you buy the Group Heading into 2017 . Lets get in nony right now. Mike, what do you say . Yes, i think we absolutely should. This is a sector that ran head long into a political storm, and i actually think that with everything that will be happening this coming year, had we gotten the Clinton Administration i think their troubles would only be beginning. I think as it is trump will have his plate completely full, and some of the attention will be off some of these names. There are some that will remain under scrutiny like the mylan ps of the world, but others like gilead and cell gene we will talk about, these are things that i think the valuat