Lombardi: Stock Market Commentary & Forecasts, Financial & Economic Analysis Since 1986

Archive for the ‘NASDAQ’ Category

A Positive January Means an up Year for Stocks

By | January 17, 2011

Stocks continue to maintain a positive bias in January, with technology and small-caps leading the charge. The NASDAQ is up over three percent in the first two weeks of January. The small-cap Russell 2000 is up 2.30%, while DOW and S&P 500 are up about 1.33% and 2.07%, respectively, in January.

My Near-term Technical Assessment

By | December 8, 2010

The bulls appear to be in full control at this juncture.

On the charts, the NASDAQ has joined the Russell 2000 to move above their respective previous chart highs. This is bullish, but we need to see if the indices can hold.

Keep a Close Eye on Your Long Stocks

By | October 18, 2010

There’s nothing wrong if you are long stocks at this time, as the market continues to want to trend higher and, as an investor or trader, you want to ride this upside wave. However, you should also be careful due to a technically overbought condition and the absence of any sort of correction. The reality is that markets cannot go up without a pause or correction. It will happen at one point.

Market Stalling? An Investment Strategy to Help You Get Through It

By | September 1, 2010

As an investor and trader, what you can do when you feel the market may be set to take a pause and stall is to write some covered calls on your long positions. This appears to be the case at this juncture.

Covered call writing (also called Buy-Write) means you hold an underlying position in the stock represented by the call option. It is much less risky compared to naked … Read More

A Burgeoning Industry We Never Think About

By | August 20, 2010

Back in March, I wrote in this column about growing investor interest in the agricultural sector. Like precious metals, most individual investors have no affinity or exposure to this huge industry, but I’m certain that this is one sector with excellent potential for above-average returns over the next 10 years.

A few others feel the same way. In what can only be described as a bold and opportunistic move, mining … Read More

Making Your Capital Work for You

By | July 7, 2010

The market is on a nice upward trend and we have yet to see any signs of topping. Yet, for stocks to move higher, there must be a fresh catalyst.

A Return to the Old Days — I’m Not Sure We Can Handle It

By | January 20, 2010

Big, brand-name companies always get the early headlines during earnings season, because they have the big accounting departments to get their books done early. Right now, if you want to know where the broader stock market is going, all you have to do is follow the Dow Transports and the NASDAQ. Railroads and large-cap technology are the two key barometers for this market.

A Way to Protect Yourself Against Downside Moves

By | November 13, 2009

Markets are showing an upward bias at this point, but there is concern that the rally will face increased selling pressure, as stocks edge higher. With the NASDAQ up over 70% from its March low, you would have to surmise that some profit-takers will emerge. The upcoming post-Thanksgiving shopping period will be critical for the economy, but without renewal in the jobs and housing market, it will not be easy and this exposes you to downside moves.