Investment

I know this chart is difficult to read, but I am using one prepared by economist Peter Bookvar and he designed it for his purposes and not my blog. The chart shows the readings from the National Federation of Independent Businesses survey. Here is his explanation: Ahead of today’s payroll report we saw more signs […]

Continued from Part One In Part One, we took a look at how stock market returns for Large Cap and Small Cap stocks are impacted by inflation. I showed linear regressions for the S&P 500 (Large Cap stock index) and the S&P 600 (Small Cap stock index) for various time frames, but we focused on

Signs Of Inflation It is earnings season which means I am reading a lot of company earnings reports. One thing that is very noticable is that companies are talking a lot about the increase in their cost of inputs. Stanley Black & Decker joins a host of other big-name companies this earnings season announcing price

The thing that is top of mind for investors at the moment is inflation.  It seems that on a daily basis, the yield on the 10-year Treasury Note rises as the congress talks about another round of stimulus for the economy.  This talk of stimulus has investors worried that it is more than needed, and

Last week, I posted about Gambling Vs Investing and gave you a step by step guide on how to be an investor.  I’ve had some questions about parts of the process, so I thought it would be a good blog post to discuss some of those steps in more detail.  So, I thought we would

Double Click on any Image for a Full Size View It has been a crazy couple of weeks in the stock market.  If you haven’t watched the investment news for awhile, you missed a wild ride in a few heavily shorted companies.  Gamestop is one of those companies, and in the chart above you can

      Double Click on any Image for a Full Size View As we head into the next week full of holidays and thin stock market trading action, I thought we would take a look at various stock market statistics to give us a feel for where the market is and where it may

I recently performed a major rebalancing of client portfolios who have a Growth, Core or Fully Diversified investment objective, buying and selling a number of holdings so that portfolios would be in line with our views on the market (I will get to that in a bit).  Selling a stock holding can be difficult, but

  Double Click on Image for Full Size View This blog post is a copy of the Investment Discussion I presented to my board Investment Committee today.  It was written for them, so please read it as such…Thanks! Since we last met, the market has drawn out a inverse head and shoulders pattern (see graph above).

Double click on any image for a full size view Just a quick update as its been a long day and I’m ready for work to stop. We have very quickly retraced 50% of the recent correction – I’ve drawn a green horizontal line at 3393 which is half way between the high and low.

Double Click on any Image for a Full Size View News of the House of Representatives and Treasury Secretary Mnuchin being close to a new stimulus package allowed the market to gap up and run through the resistance at 3353 (the 50 day moving average line) and stop just shy of 3363 resistance (the thick