Pearls In The Panic

During this most recent dramatic sell off in the US equity markets, many heretofore invulnerable stocks were finally subject to some deserved profit taking.  The cluster of dominant market stocks collectively referred to as the "FAANG" stocks, Facebook, Apple, Amazon, Netflix and Google, all sold off, some in the order of 20%, signifying to many, … Continue reading Pearls In The Panic

The Sanctimony Factor

Over the years, a new factor has emerged when attempting to measure investment suitability, which has little to do with balance sheets, forecasts or indicators.  That factor can be generalized as the  "social responsibility" component.  We recall some of the original victims of socially correct investing which included tobacco and oil companies as well as … Continue reading The Sanctimony Factor

Markets Continue to Advance: Search For Relative Strength

As postulated in our last post, the major stock indices have managed to claw their way back after the climatic sell off in February.  While you can never be precisely sure about the reaction of markets after a dramatic move, historical precedent can provide clues as to what is likely to happen.  In general, if … Continue reading Markets Continue to Advance: Search For Relative Strength

Now What?

Following an extended period of prices steadily ratcheting higher, the stock markets finally collectively hit some wild turbulence.  The speed and ferocity of the past week's decline was alarming particularly because over the past 2 years, people have been lulled into believing that a steady, low volatility advance was the new normal.  In fact, it … Continue reading Now What?

AAPL Inflection Point

In the very recent update on AAPL, we opined that the trend on the stock appeared intact and unless some indicators showed divergence, we would have to default to being long.  In the weeks since, we've observed some interesting price action on this stock shown by the charts following. (charts by stockcharts.com) Quite a few … Continue reading AAPL Inflection Point