It’s amazing how timely seasonality strikes. Just when the crowd felt the coast was clear, a pullback ensued. When the tide goes out of stocks, they fall. They should just shut the markets down in August and September and reopen in October. Those powerful words were uttered by a portfolio manager friend of mine years… Read more »
The summertime blues are here. Right on cue, markets are taking a much-needed breather. While that typically elicits unhappy emotions, it’s not all doom and gloom. One rare signal points to big upside for energy stocks. Let’s rewind. Just 2 short weeks ago, I told you to prepare for a summertime pullback. The stage was… Read more »
Most investors eventually learn that stocks follow earnings. That’s a fact. However, when it comes to the best of breed outlier companies, earnings follow superstar stocks. Weeks ago, I had dinner with one of the largest hedge funds on earth. In our chat, we discussed markets, investor psychology, risk management, and more. These conversations are… Read more »
Roll out those lazy, hazy, crazy days of summer. – Sam Cooke Markets are approaching a seasonally weak time of year. It’s prudent to prepare for a summertime pullback. WOW, what a difference a year makes. Many have forgotten how just one year ago the crowd wanted nothing to do with stocks. Prophetic sermons of… Read more »
The measure of intelligence is the ability to change. – Albert Einstein Those 9 words ring loud and true in 2023. Right as the crowd was certain stocks were over, a feverish rally was birthed…and it’s not over. Today we’re uncovering the next superstar sector. If you want to be a successful investor, be open… Read more »
Animal spirits are back. You can feel the bullish breeze in the air. The sentiment shift is notable: Investors are plowing into ETFs. Yesterday’s inflation reading sent cheers throughout the trading community. The June CPI report stunned the crowd as prices rose only 3%, plunging from 9.1% only 12 months earlier. That’s wonderful news! We… Read more »
Markets flow like waves in the ocean, rarely in a constant state. The rhythm is cyclical, reaching crests and troughs. Stocks are approaching the red zone. Here’s your overbought stock market playbook. Most would agree that stocks are elevated. A year-to-date 16% rip in the S&P 500 has stunned the crowd. Even more impressive is… Read more »
“All of humanity’s problems stem from man’s inability to sit quietly in a room alone.” – Blaise Pascal This tenet applies to investing. Quiet observation reinforces our bullish 2023 outlook. Small-cap breadth signals further upside for stocks. Let’s face it, there’s power in silence and observing. Muting out the crowd noise has been difficult the… Read more »
It’s easier to fool people than to convince them they have been fooled. Mark Twain’s words ring loud and true in 2023. Against all odds, stocks are setting the stage for all-time highs. Looking back at 2022, it was a rough one. A litany of issues faced investors: Inflation raged, interest rates soared, and stock… Read more »
If you wait for the all-clear signal in stocks, you’ll miss the boat. Markets continue to surge higher, stunning the crowd. The 2023 bull market is just getting started. Wow, what a difference a year makes. A year ago, headlines read of S&P 500 enters bear market, awaking the loudest bear roar in years. The… Read more »