Uncategorized, Weekly Update

Is GE the Canary in the Coal Mine?

Published October 27, 2017


Investors are always wary of the “this time it’s different” mantra. Just before the housing crisis which led to the financial crisis in 2008, we were told that housing had entered a different phase, one where it somehow made sense that people were buying 2 and 3 houses on speculation. (more…)

Uncategorized, Weekly Update

Bullish Developments for Stocks and the U.S. Dollar

Published October 20, 2017


We took a couple of charts from a recent presentation made by technical analyst J.C. Parets and his firm All Star Charts to highlight a couple of longer-term trends that you might find interesting.

First, the U.S. dollar has been falling all year as the expected rise in interest rates has not really played out and non-U.S. economies have gained strength. Technically, this drop in the dollar is very near a point of key support, one where we would expect the dollar to stop falling and return to a multi-year uptrend. (more…)

Uncategorized, Weekly Update

Happy Happy

Published October 13, 2017


The stock market continued its happiness this week rising to further new highs. This bullishness is certainly rewarding to our subscribers as well as, frankly, anyone fortunate enough to have chosen to invest in the Nasdaq late last year. (more…)

Uncategorized, Weekly Update

Small Ball

Published September 29, 2017


After spending much of the year lagging well behind their large-cap brethren, small caps stocks have caught fire! They are being spurred on by a shift in favored market sectors toward financial and energy companies as well as the announcement (finally!) of a tax cut plan by the Trump Administration. (more…)

Uncategorized, Weekly Update

A New Bull Market

Published September 22, 2017


While many in the industry speculate on the coming end to a years-long bull market, there are others who argue that the bull market has just begun. How does this disagreement come about? (more…)

Uncategorized, Weekly Update

U.S. Economic Indicators Show Strength

Published September 15, 2017


Below is a really good overview of economic activity in the U.S. looking at some lower level data.

When times are good, people go to Vegas. Since the recession in 2008, Las Vegas convention attendance has climbed to new highs. At the current pace, convention attendance and overall Vegas visitation will set new records in 2017. (more…)

Uncategorized, Weekly Update

Non-stop Goodness

Published September 8, 2017

timingcube_cartoon090817The article below, excerpted from Charles Schwab, displays just how strong global equities have been this year.

Chart 1 below is a table of global stock market returns by month using the MSCI All-Cap World Index (ACWI). August came close to breaking the uninterrupted streak of monthly gains for global stocks. This year has seen the only time the index ever (since its inception 30 years ago) posted a gain in every one of the first eight months of the year, as you can see in the heat map of monthly returns below. (more…)

Uncategorized, Weekly Update

All’s Well in the World

Published September 1, 2017


We have written a few times this summer about the global force behind the stock market’s unceasing rally so far in 2017. August proved once again how resilient this rally is, with stocks dropping back a bit only to be relaunched to new highs by the end of the month. (more…)