Brian Kelly
Publisher,
MoneyLetter
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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
The tech-heavy Nasdaq Composite surged past 20,000 for the first time this week. The big news of the week was the November inflation report, which was in line with expectations. For domestic stock funds, there is one new “Buy” this week: Value Line Large Companies Focused Fund (VALLX), advises Brian Kelly, editor of MoneyLetter.
Now that the noise of the election season is over, it is time to return to fundamentals. That means the economy and Fed policy. The good news is that despite considerable uncertainty, we find these key fundamentals working in investors’ favor. I like the Invesco S&P SmallCap Momentum ETF (XSMO) here, advises Brian Kelly, editor of MoneyLetter.
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.