Brian Kelly
Publisher,
MoneyLetter
Follow
About Brian
Brian Kelly has enjoyed a long career in newsletter publishing and has maintained involvement with MoneyLetter continuously since 1984. He has been a member of the MoneyLetter Investment Committee for over 30 years. As vice president and product manager for IBC/Donoghue Inc., and IBC USA (Publications) Inc., Mr. Kelly was responsible for all aspects of the MoneyLetter group of products including planning, marketing, fulfillment, customer service, and public relations.
Brian's Articles
A steady march higher by US Treasury yields just pushed the S&P 500 and Dow Jones Industrials into a three-day losing streak. But for domestic stock funds, there are still two new “Buys” this week, including the Invesco S&P MidCap Momentum ETF (XMMO), notes Brian Kelly, editor of MoneyLetter.
US stocks have been rising again. Tech gains helped push the S&P 500 to a record high, and the Dow Jones Industrials gained 432 points in Wednesday’s trading. The economic soft landing story has gained more traction in recent days. One domestic stock fund I like is Fidelity Blue Chip Growth Fund (FBGRX), writes Brian Kelly, editor of Money Letter.
US stocks, as measured by the S&P 500, slipped slightly from record levels in trading earlier this week. While the Fed’s interest rate cut has helped propel equities higher over the last several trading sessions, investors are still concerned about economic slowing. I like the Fidelity Small Cap Growth Fund (FCPGX) here, notes Brian Kelly, editor of Money Letter.
Equity markets have recovered most of the losses from late July and early August. Concerns about labor market weakness, recession, and the yen carry trade have lessened somewhat. And the historically elusive “soft landing” economic scenario that we have been forecasting for almost two years remains in place. The iShares Global 100 ETF (IOO) is a good play in this environment, observes Brian Kelly, editor of Money Letter.