We just witnessed an amazing headline week. A polarizing week. We reached the round 5000 level in the NASDAQ. The February jobs report number blew out expectations. Each day it’s more clear the US would be alone on the strong currency, raising rates policy. In the end it may be a good thing, but for now, it’s a cause for concern becoming deeply rooted in the minds of investors. By the way, is there a venture capital bubble? Oh yeah, AND Dow Theory is not confirming the latest breakout in the indices. Let’s dig in!
Market Insights
- The US Dollar ripped relentlessly this week. @hertcapital suggests why we’re near a correction.
- Talks of a Venture Capital bubble is growing louder each week. @ppearlman shared some thoughts on the very aggressive Mark Cuban post. Yes Cuban is more of an entertainment personality than anything these days, but both sides make valid points.
- The NASDAQ tagged 5000 this week @andrewnyquist breaks down the NASDAQ and notes differences between 2015 and the last time it hit 5000, 2000.
- Biotech deals were another large headline and are likely in the ‘last third of it’s move’. @ivanhoff shares some insights from Oaktree Capital’s Howard Marks.
Investing Insights
- @valuewalk shared notes from Stanley Druckenmiller’s recent CNBC appearance. “If the Fed was ever going to raise rates and not have it dramatically impact financial conditions, this is a golden opportunity right here, right now”. So is the bigger risk in not raising rates?
- See also: the video interview
- @fabiancapital guides us through what we need to do if we find our portfolios in a deep hole. The key take away here is we need to settle our emotions and let things go first and foremost.
- @jessefelder compiled a great piece on the secular worries of Bill Gross and Ray Dalio. There is a weeks worth of food for thought for investors here.
- @noanettrader lays out exactly why a high trading win percentage can be misleading and is over-rated.
- @crosshairtrader put together a great piece on the effect of headline news on stocks. It’s filled with many interesting studies to bookmark.
- @ReformedBroker passed along this awesome video where NYU professor Scott Galloway discusses the clash of retail and technology.
- The internet of everything is driving semiconductors through the roof. @businessinsider put together this amazing slide deck on the internet of everything. As an investor, that CAGR is what we’re playing for!
Thanks for reading!
Follow Aaron on Twitter: @ATMcharts
