Summary
- Weekly highlights of our ongoing market observations, MDA stock breakout picks, zombie stocks, ETF trading, Dow picks, and long-term value selections throughout the year.
- Technology and Real Estate sectors are showing breakdown patterns, indicating potential support level tests.
- The rising US dollar and the performance of “zombie” firms are contributing to market weakness.
- As interest rates are rising to the highest levels in 22 years, “zombie” stocks with higher than average credit risk levels may be an important focus.
- Long Term January portfolios: Piotroski +25.6%, Positive Forensic +17.2%, Mid-year Growth & Dividend +4.29% and Active ETF up +28.5% YTD.
- I am JD Henning. A Finance PhD and investment adviser with 30+ years trading and investing. I run Value & Momentum Breakouts where I identify breakout signals and breakdown warnings using technical and fundamental analysis. I run the investing group Value & Momentum Breakouts.