After a prolonged period of steadily ratcheting prices, all stock indices sold off abruptly over the last week. The breakdown in discussions on trade between the US and China has been blamed for the swoon. In fact, this was the case since nothing else has really changed in the past few months. While the selloff … Continue reading Now What?
2018 ended quite differently than we would have imagined considering the positive start to the year. Long term trends and a high level of complacency gave way late in the year to a much more defensive view of the stock markets. While the volatility is unsettling, it's nothing new for the stock markets. On the … Continue reading Apple And Tom Brady
Much has happened in a very short time. The recent activity in the equity markets showed the flip side of the benign environment that has existed for almost 2 years since November of 2016. We'll leave it to TV market pundits to explain stock market swings ex post facto, but we can make one glaring … Continue reading The Maddening Crowd
The US stock market has continued to advance in afterburner fashion over the past few weeks. Historically seasonal weakness in the August/September windows translated into only a sideways pause in the equity markets. Once we entered into the seasonally strong October and November period, stocks exploded on the upside across all of the popular averages. … Continue reading Rotation
Since our last top-down view of the markets at the beginning of the year to this point, all of the popular stock indices have pushed to new highs on an almost daily basis. Market swoons have been few and easily overcome by resumptive buying. It's hard to believe that we have crossed the 22,000 mark … Continue reading Follow The Money