The market reacted positively to a few things on Monday, and broke the lower lows and lower high trend for the S&P 500. It has swung so much the market is in a mini-break out, we would focus on 2500 on the S&P 500 to confirm and now 2478 as a short term support, which…
Read BlogThe things you can count on like clockwork in September are hurricanes and falling stock prices. We all know too well about hurricanes. We believe that the repair and replacement is good for some companies, but a lot of capital is spent to rebuild that takes liquidity out of the financial system and lowers real…
Read BlogFirst, we would like to wish everyone well that may be in the flooded areas of Texas. It truly is incredible the amount of rain, and the hardship it may be having on people. Surprisingly, Yellen’s speech at Jackson Hole never mentioned shrinking the Federal Reserve’s balance sheet. We are now expecting that plan to…
Read BlogLast week’s market decline was driven by political issues. Trump is not gifted in diplomacy, and perhaps is too much in the, “tell it as he sees it” camp. We believe the political concerns actually could get a lot worse before they get better… (The country will lose interest when football season starts in the…
Read BlogThe technicals of the stock market are flashing a warning signal. As of Friday, the market on a short-term basis got oversold, especially the smaller companies. As an example of a very broad measure of the market, the Russell 3000, just 54% of the stocks in the index are above their 200 day moving average….
Read BlogPVG has a full suite of Tactical or Loss Averse strategies that can be used for a diversified portfolio for either very conservative investors or very aggressive investors. We are providing a monthly update on each strategy on the next page which you can access by clicking the tab. Also, please find a description of…
Read BlogBarron’s had a couple of articles about how extended the stock market was getting, and the impact on the markets from passive ETF investing. We believe, when the correction, or bear market does occur it will happen quickly, and likely not allow the average investor to avoid significant losses. Please click the link below to…
Read BlogThe VIX recently hit an all time low. We have discussed this in previous weeks, but there are several points we believe should be reiterated. The VIX is a measure of expected volatility in the S&P 500 Index. Many use the VIX as a contrairian indictor. When the VIX is low, investors should be cautious….
Read BlogLast week, we mentioned Microsoft’s earnings report would be a good barometer for the market. It was interesting to see how the stock reacted when they had strong earnings, especially when the banks reported very good earnings and their stocks declined. Please click the link below to continue reading: Market in a Minute 2017-7-25
Read BlogWe are entering the first big week of earnings reports this week. Last week the banks reported much better than expected earnings, but the stocks traded down. Technology, as a group, has been extremely strong this year. Microsoft (MSFT) is the first “real” technology company to report on Thursday. The consensus calls for just 3%…
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