Archive Category: Infinite Momentum Alert Archive

November is shaping up to be a rough one on Wall Street. As I write this, the S&P 500 is down about 6% from the all-time highs hit just last month. After seven months of uninterrupted manic bull market conditions, many investors are now asking discerning questions about the AI boom. Where are the trillions of dollars in promised investment in data centers going to come from?

It’s been a rough week in the market. The S&P 500 was down over a percent yesterday, and the tech-heavy Nasdaq Composite was down close to 2%. Through yesterday’s close, the Nasdaq was down close to 3% on the week, its worst weekly performance since the aftermath of the April “Liberation Day” tariffs.

Here’s some news to get your weekend started right. One of our new additions, Emergent Biosolutions (EBS), absolutely crushed its quarterly earnings report on Wednesday, sending the stock up 37% yesterday. It’s given up some of those gains today, but as I write this we’re still up a very solid 26% in just two weeks. Not a bad way to close the month!

Today’s note is our regularly-scheduled review of our portfolios’ performance over the four-week holding period ending last Friday … so I won’t bury the lead: We trounced the market last month! As you’ll see, our system’s selection of gold miners’ stocks certainly helped with the strong outperformance we’ll review today.

It’s here again… “Refresh Day.” I’ve re-run our ranking systems to determine which of our current positions we should keep for another four weeks … which we should sell … and which new stocks we’ll buy as we aim to maintain “infinite momentum” in our portfolios. We’ll do this exercise for both our unconstrained, “All Markets” portfolio … and for our “Tech Titans” portfolio, which is constrained to the 100 stocks that make up the Nasdaq 100 index.