In just a short week a lot has changed to the positive. During Powell’s speech last Wednesday, he implied that the Fed’s view of being neutral in terms of interest rates were not far off. This is a significant change from their recent thinking, as the global economy has slowed. Please click the link below…
The markets have gotten very oversold and all the major indices have entered in what Wall Street describes as a correction, down more than -10%. As we have discussed numerous times, the concerns center around the Federal Reserve, the tariffs with China, and slower earnings and economic growth next year. Please click on the link…
The momentum side of the market is melting down. The S&P 500 is down roughly -7.5 for the 4th quarter to date, the Russel 1000 Value is holding up much better at -4%, but the momentum stocks are in the midst of a wicked bear market. Please click the link below to continue reading: Market…
Our view of the market is now moving to more of a consensus view as the market has started to focus on some of the problems, but the market is far from discounting the negatives. It is obvious the market is now concerned about the same three things we have been concerned about. Please click…
Last month we did a very thorough update on the Loss Averse Equity Income strategy, so if you need more detail, please let us know. Please click the link below to continue reading: PVG – Equity Income Monthly Update (November 2018)
The results of the Midterm elections today could have a significant impact on fiscal policy, which is what has been driving very strong GDP growth from the stimulus provided by Trump’s policies. Please click the link below to continue reading: Market in a Minute 2018-11-06
We recently captured over a 37% gain, please see the chart. Our proprietary technical model turned negative on October 23rd as the technical model indicated the trend of the S&P 500 turned negative. This past buy signal has lasted just over 2 years and 7 months producing a return of 37.35%. Please click the link…
From the high of the market in September to the low in October, the S&P 500 is down roughly -10.9%. This is a correction. We believe the major catalyst of this correction was the Federal Reserve stating they will continue raising rates well into 2019, and that they were not close to a neutral rate…
As of September 30th, 2018, the PVG Loss Averse Equity Income strategy is up approximately 1.3% for the year. The stock market has been much stronger and the bond market much weaker. Historically, during bear markets or significant market corrections the Loss Averse Equity Income strategy has held up well. Please click the link below…
We are still early in the earnings season with a lot of companies to report during the next two weeks. The general trend is fine on the earnings line, but the revenues have not been particularly robust. Please click the link below to continue reading: Market in a Minute 2018-10-23