Last week everyone was talking about Turkey and China. Turkey and Trump continue with a stalemate over tariffs and politics. Erdogan hit back with tariffs of his own on US goods and he is persuading his nation to invest in the Turkish Lira to keep it from free fall. Please click the link below to…
Our guess, most investors have not been following what is going on in Turkey, but their currency is down over 30% this month, and their stock market is in the mother of all bear markets, down over -50% from recent highs. Please click the link below to continue reading: Market in a Minute 2018-08-14
Second quarter earnings are about in the books with earnings coming in up about 24% year over year about 4% better than expected. This was very strong, but driven by easy comparisons and especially the tax cut benefit. Please click the link below to continue reading: Market in a Minute 2018-08-07
The Federal Reserve meets this week and will have an announcement on Wednesday about their direction for interest rates. It is expected, by the markets, that they will increase rates in September and then again in December to end the year at 2.5% on the Federal Funds rate. Please click the link below to continue…
If you look back at history it has never failed, when the 2 Year Treasury has a higher yield than the 10 Year Treasury we have always had a recession and a bear market. President Trump last week mentioned concern about the Federal Reserve’s policy of raising interest rates, which is currently planned for two…
Last week, many of the large banks reported earnings, the earnings were better than expected, but we got a very muted or delayed response. Then on Monday the banks were up strongly, while most sectors of the S&P 500 were down. Please click the link below to continue reading: Market in a Minute 2018-07-17
The Dynamic Core strategy seeks to outperform the S&P 500 Index by matching the returns of the S&P 500 when the market is rising, but very simply, when the market is in a downtrend the strategy takes a defensive posture. Please click the link below to continue reading: PVG – Dynamic Core Monthly Update (July…
The Tactical Total Return strategy seeks to outperform the S&P 500 Index in two distinct ways. First, the strategy invests in the S&P 500, the NASDAQ, EAFE, the Russell 2000 and an Alpha Sleeve of our best individual stocks (We are a tactical manager that is also a great stock picker). Please click the link…
The markets have been concerned about a trade war with China and tariffs put on goods of other U.S. trading partners. The fear is real for China as it has so much exposure, also for German auto makers. The U.S. trade deficit with China was $375 billion in 2017. Please click the link below to…
As of July 6, 2018, the PVG Loss Averse Equity Income strategy is up approximately 3.0% for the year and up 4.4% for the second quarter. The current dividend yield is 4.9%, consistent with our long-term goal of a 4% to 6% dividend yield. The current Beta is only .40 relative to the S&P 500….