Treasury Yields

Weekly Update

The Nasdaq Rally “Whale”


Published September 11, 2020

The recent stock market pullback has thus far basically reversed the August surge. Our focused Nasdaq 100 (QQQ) dropped to its 50-day moving average for the first time since the rally began in April. The rally in August (blue arrow below) has been, in part, attributed to a multi-billion $ options bet made by tech investor Softbank. (more…)

Uncategorized, Weekly Update

The Fed gets bigger


1 Comment

Published April 20, 2020

timingcube_cartoon041020

Today’s front page of the Wall Street Journal carries the following stories: Jobless claims top an “unprecedented” 17 million, Fed unleashes its broadest ever array of programs, Coronavirus creates a “mountain of debt”, Saudis and Russia agree to oil production cut.  Those four topics encapsulate what markets have been wrestling with over the past month, and going forward.  We will undoubtedly spend more time in coming weeks on most of those.  This week, we are focused on the dramatically expanded role of the Federal Reserve.
(more…)

Uncategorized, Weekly Update

Business Cycle/Sector Investing Takes a Curve Ball This Cycle


Published August 23, 2019

timingcube_cartoon082319

Business cycle/sector investing is a seemingly easy way to apply a layer of insight to traditional buy-and-hold investing. By focusing our investment funds on sectors that typically show improved performance during certain phases of the business cycle, a sector investor can presume to outperform the broad market. However, it is never quite that easy. (more…)

Uncategorized, Weekly Update

Currencies in focus


No Comments

Published August 9, 2019

timingcube_cartoon080919

This week’s shocking currency move by China brought currencies and their management into the spotlight. The Chinese lowered their currency “peg” to a surprisingly low number as a retaliatory move in the trade skirmish with the Trump Administration.

(more…)