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…
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