Here Come The IPOs

Is this another IPO boom signaling a market top?  Lyft recently came public but had a disappointing IPO.  Shares were priced at $72, traded as high as $88.60 on the first day of trading, and currently trade at $57.  More IPOs are on the way.  Coming soon are Uber,...

Santa Came Late

Since the widespread panic we saw at the Christmas Eve lows, the stock market has staged a massive 11% rally in just over three weeks (another reminder why ‘market timing’ doesn’t work). Based on the 10-day change in the advance/decline line (a market breadth...

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