Cracks in App Store Ecosystem ­čô▒

­čśĚ Stalling recovery?┬á#COVID19┬ádelta surge moderating, but worries over┬á#COVIDRecovery┬ámomentum rising. Spending data shows slowing growth and company┬á#Back2Work┬áplans continue to get pushed back. ­čśČ┬á Risk appetite contracting.┬áMarket pullback not surprising given huge August gains and post another┬á#Crypto┬árise and fall. Overall, broad sector weakness as S&P 500 fell almost -2% last week. ­čô▒┬á App Ecosystem breach.┬áDistrict Court ruled Read More

Introducing Autopilot Ôťł´ŞĆ

We’re excited to announce our latest feature Autopilot. Now your portfolio can automatically act on our stock recommendations! How does it work? Autopilot builds on our recent Recommendations feature. Similar to before, whenever we have a recommendation for your portfolio we’ll send you a notification. By enabling Autopilot, we’ll automatically swap you into the recommended stock after Read More

Travel Hits Road Bump ­čÜž

­čÖůÔÇŹÔÖÇ´ŞĆ EU restricts US travel.┬áWeek started with Europe restricting US travelers due to rising┬á#COVID19┬ádelta cases. Travel and other┬á#COVIDRecovery┬ánames lower with another roadblock. Over weekend, Sweden went further and imposed US travel ban. ­čî│ Growth rotation.┬á#COVIDRecovery┬áweakness saw rotation into Growth names. In particular, Tech┬á­čĺ╗ and Communications ­čôí were strong. Overall Growth outperformed Value by almost +2%. Read More

Market has High, High Hopes ­čÄÁ

­čśů Decelerating COVID.┬áDomestic┬á#COVID19┬ádelta surge seems to be flattening. Investor optimism rising as fears of further restrictions or lockdowns hampering┬á#COVIDRecovery┬áease. Hopes bolstered with FDA approving Pfizer vaccine as well. ­čĺŞ Powell backs EOY tapering.┬áFed Chair Powell supports tapering Fed purchases this year. Given all-time market highs, investors expected Fed support pullback, but were encouraged as Powell Read More

Cyclical Pullback on Uncertainty

­čôë Markets sink on Fed tapering.┬áMarkets dropped in power hour Wed as Fed commentary indicated purchase tapering by end of year. Investors mostly shook off macro uncertainty in Afghanistan and ever increasing┬á#COVID19, but Fed minutes tipped the scales. ­čîŐ. 4th wave rising.┬á#COVID19┬ácases and hospitalizations approaching 3rd wave levels. (Deaths still lower, but also lagging indicator.)┬á#COVIDRecovery┬átrajectory Read More

Schrodinger’s Inflation? ­čśŞ

­čĺ¬ More strong economic data.┬áDespite rising case,┬á#COVIDRecovery┬ástill strong as 12-month consumer price index grew 5.4% again in July.┬á#InflationFears┬átug ‘o war with another high inflation month, but, at the same time, not accelerating. ´ŞĆ­čĺŞ┬á Yields keep rising.┬á10-year treasury yields up another +4% last week, but as much as +9% Thursday before Friday’s -5%. pullback. #RisingYields resurgence Read More

Travel Recovery? Ôťł´ŞĆ

­čĺ░Yields rebounding.┬á#RisingYields┬árebound up +4% rising as more strong economic data may accelerate Fed rate decision. Financials jumped +4% with overall S&P 500 up +1% for week. Ôťł´ŞĆ Travel strong?┬áStrong travel bookings boosting┬á#RevengeTravel. However, boost primarily driven by domestic as international, corporate and big city travel still muted. ­čçĘ­čç│ ‘Spiritual Opium’.┬áMore┬á#ChinaTension┬áas state run publication calls online Read More

China Shocks Market ­čçĘ­čç│

­čçĘ­čç│┬á China crackdown.┬á#ChinaTension┬árising as Washington relationship referred to as ‘dead end’. China cracking down particularly on Tech making investors extremely nervous. Pending M&A deal approvals likely to face higher scrutiny as well. ­čô▒ Weak Big Tech earnings.┬á#BigTech┬áand growth names largely lower following weaker┬á#earnings┬álast week. Growth down over -1% while overall S&P 500 only slightly lower. Read More

Introducing Recommendations

We’re excited to introduce our┬ánew app release featuring Recommendations ­čôő. Keeping up with your portfolio may feel like drinking from a firehose´╝Źleading to decision paralysis for swapping stocks.┬áWe built Recommendations ­čôő to help guide portfolio decisions. So how does it work? Recommendations ­čôő periodically reviews your portfolio versus our greater recommended list taking into account Read More

4-Day Streak Caps Green Week ­čŹÇ

ÔŤł┬á Stormy Monday.┬áPerfect storm Monday with┬á#CyberSecurity┬áhack, rising┬á#ChinaTension┬áand ongoing┬á#COVID19┬ádelta surge. S&P 500 fell -2% while 10-year treasury yields plummeted -8% to start week. ­čĄŚ Green recovery┬áMarket fear didn’t last as S&P 500 rallied +4% to finish week up +2%. Market sentiment got a boost from strong #earnings alleviating stalling #COVIDRecovery concerns. ­čî│ Strong growth rotation.┬áGrowth won Read More