They just don’t get it!

Weekly Update

July 15, 2016 Update


timingcube_cartoon07222016

Initiation is a good thing

Sometimes stock investors just get things a-moving. We see big jumps in stock prices that clearly reflect a change of attitude. These big jumps can come late in a rally when investors fear of missing out (FOMO) kicks into high gear. We saw this FOMO on full display in September-October of 2007. Emerging market stocks had delivered a long and powerful run more than tripling in price over a four-and-a-half year period. (more…)