PUBLISHED Aug 7, 2022, 2:09:48 PM        SHARE

imgTom Hamilton

August 5, 2022 – A good week for the market, but let’s take a step back to catch our breath. And speaking about market breath (yes, a play on words) last week was very positive. Whether you look at the number of stocks above their 50 day moving averages or up / down volume things were looking pretty darn good. The advance was broad, across large to small cap stocks, and deep, just about everything participated. But (and there’s always a ‘but’), the Fed is still going to raise interest rates and inflation for now is still present. Is the market anticipating good things happening in the next 6 months, because it always looks ahead, or were we just ‘oversold’ and due for a snap back rally?

I’ve drawn in roughly two scenarios in green and red on the chart above. The green is the optimistic route. The low is in and interest rates will increase but not by much with inflation slowing. The red route is a less optimistic view with things improving at a slower rate, with perhaps one more trip lower. I’m thinking that the low for the year maybe ‘in’ but we can expect volatility so that a steady rise will not be ‘in the cards’. What is the strategy right now? I favor a “scale in” approach where we put money to work an increment at a time and place it in areas / sectors that are leading the way. It’s still a time to be cautious and selective.

Seeing Technology based sectors at the top of the list provides us with a number of opportunities to invest in market leading companies. One step at a time, this likely will not be a straight line to a new top. What could mess this up? Well, next week we continue with earnings reports and new CPI (Consumer Price Index) data comes out Wednesday morning. Any of these could spook the market and a pullback would be typical. Let’s watch the volume on down bars for clues as to whether the selling is minor or indeed profit taking after a strong rally. Have a good week. ……….. Tom ………….

Price chart by MetaStock; Used with permission. Sector table at:

I/we have a position in an asset mentioned

QQQ, Buy

Invesco Capital ...
Return: 41.45%

Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
GOOG Earnings Hit Slightly By the Current Economic Slowdown

Goog Earnings have been affected by the current economic activity, yet the revenues are still higher.

Tesla stock prediction as Sell-off of Bitcoin

What will be the price of TSLA stock in the coming months and years? Will it recover its position after this recent dip?

Nvidia Stock Price & Forecast | NASDAQ: NVDA

NVIDIA Corporation (NASDAQ: NVDA), the company invented GPU in 1999 which help the growth of the PC gaming market.

Political Agreements Boost Green Stocks and Semiconductors

Sen. Joe Manchin (D-WV) Has Decided to be Team Player

The Case for Buying the Dip

The case for buying the dip is based on the availability of undervalued assets in a market that has suffered indiscriminate selling.

Berkshire Hathaway Forecast ahead of Quarter 2 2022 Earnings Report

Berkshire Hathaway announced its Quarter 1 2022 earnings on 30th April. During the first quarter, earnings declined due to slowing economic growth and stock market pullback. Berkshire Hathaway quarter 2 2022 earnings are expected to be published on 5th August. Let's look at the current market trends and Berkshire Hathaway's performance to determine a possible outcome of the quarter 2 2022 earnings.

What Happened to Netflix Stock? Stranger Things About the Netflix Stock Drop in 2022

What Happened to Netflix Stock? A Horrible Series or just a scary episode of the Netflix Stock Drop in 2022? Let's explore everything!

Mrmd, bros

Headed for substantial growth

Bank of America Stock Price Today - BAC Making Huge Revenues in a Bear Market

Are you hunting the high-value stocks to make high returns even when the pessimism prevails? Bank of America Stock Price Today is just at the lowest level.

Why it’s Time to Start Buying TESLA Long

Is it possible to sell Tesla, the most shorted stock globally, as a potential long buy? On 21 July 2022, Tesla’s stock surged by 10%, attributed to its strong earnings in its Q2 2022 results. The surge was an unpleasant surprise for short traders, who made an estimated mark-to-market loss of over $1 billion.

Estimating Future Stock Returns, March 2022 Update

Well, finally the bear market… at 3/31/2022 the S&P 500 was priced to return a trice less than zero in nominal terms.

Feeling Risky? Marijuana Stocks May Jump From Legislation

Senate Democrats Working on Bill to Decriminalize Marijuana


Is Visa stock a buy? Let's discuss why it is a strong buy and why it is not due to the pro-cyclical nature of the stock!

Is Rivian a Buy Right Now?

Take a Look at the Hot New EV Release

Should You Buy Tesla Stock?

Should you buy Tesla Stock right now or after the much-awaited Tesla Stock Split expected in August?


Pfizer, the world top class company, develops and manufactures drugs or medicine and vaccines, having approximately 3.7 billion shares on NASDAQ.

Why Should You Know About Amazon Stock?

Amazon issued its IPO at $18 per share trading under the NASDAQ with symbol AMZN. Subsidiary companies Zoox Kuiper System Amazon Lab126 Amazon Web Service.


ETSY is a well-run company and a reasonable investment for a long-term investor. The company's unique business model is increasingly taking it to the top of the game. ETSY has become the top e-commerce go-to for consumers in many categories, especially hand-made and vintage collections.

Why Adobe is a Long Buy and Analysis of Q2 Fiscal 2022

When considering to purchase, it is wise for an investor to analyze a stock's past performance. Adobe stock has been growing steadily and consistently in the past. As expected with any stock, it has fluctuated from time to time, depending on the market factors, but the performance has been good overall.

With Oil Sky High, is Exxon a Buy?

Pain at the Pump May Tempt Investors to Grab Big Oil

Resources for Publishers
Resources for New Investors
Boosted with BossCoin
Financial Literacy Leaders
Tom Hamilton
Wise Intelligent
Mark Robertson
Kevin Matthews II
Akeiva Ellis
Brendan Dale
Kenneth Chavis IV
Sharita Humphrey