Kim Bolton's Top Picks: November 16, 2022

Top picks from Kim Bolton, president and portfolio manager, Black Swan Dexteritas

FOCUS: Technology stocks 

MARKET OUTLOOK:

If you thought things were going to calm down after the U.S. midterms, think again. No later than two days after Americans voted, financial assets of all types had what were some of the most extreme moves in years. Last Thursday, the 10-year U.S. Treasury yield had the seventeenth most extreme downside move (normalized to the last 200 trading days) since 1980. The S&P 500 had the fifteenth largest one-day rally since 1980, and the U.S. Dollar Index had its ninth-largest daily decline over that same span.