We believe there are a couple of large fundamental catalysts left for the market, a trade deal with China, and the Federal Reserve backing away from shrinking their balance sheet. Like we have mentioned previously, we are thinking it is going to be very hard for China to agree to stop stealing I.P., and therefore,…
Last week during their press conference, the Federal Reserve conveyed that further rate increases were on hold, and as important or more, for the stock market, the Fed had a separate statement indicating they would expect to operate with “an ample supply” of bank reserves. Please click the link below to continue reading: Market In…
We have been talking about growth stocks versus value for a while and how the value stocks have underperformed growth for about 11 years now. On average, growth or value, outperforms in 6-year cycles, so this is nearly 2x the standard deviation. Please click the link below to continue reading: Market in a Minute 2018-01-23
The Tactical Total Return (TTR) 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). This diversification allows…
We thought we would focus on the bull case a little. The earnings report from Citigroup for the 4th quarter reported on Monday was a relief from the market that it was not worse. C did a great job managing expenses, revenues were much lower than expected, and the stock rallied about 4%. Please click…
We are off to a strong start so far in this very early part of the new year, up about 4%, with the bond market about flat and the S&P 500 up about 2.7% through January 8th. It seems we may have one of those very strong years for our strategy. Please click the link…
So, what we know is we entered a bear market, we discussed bear markets in the previous week’s note. The market has rallied almost halfway back, now up 9% from the bottom and off over -13% from the high. As we also said last week that we thought we would get a rally, we did,…
The S&P 500 fell -6.2% last year and if it was not for a big surge the last week of the year, it would have fallen by roughly -10%. The S&P 500 fell into bear market territory by falling by over 20% in 2018 from high to low. Please click the link below to continue…
The action in the market sure feels like the trading of a bear market. There is such severe pressure on all stocks, and for that matter commodities as well. Being in the money management business for over three decades this certainly feels like a bear. Please click the link below to continue reading: Market in…
The stock market last week felt like the trading you would see during a bear market, stocks down big on no news. This is the worst the market has felt to us since 2008. The bids seem to have evaporated. The technology sector has obviously been hit hard, with the FANG stocks including AAPL getting…