The insightful investor develops solid indicators and then follows the data. This may seem obvious, but instead…. Many pundits start with the conclusion and then search for evidence. [For complete appreciation of today’s post, follow the links for the relevant music.] There are a number of interesting current examples. In various prior posts I […]
To the surprise of most, bonds have rallied while stocks have move sideways. In a week with very little data, and many thinking about an early Memorial Day vacation, the bond/stock tradeoff to be a favorite topic for the punditry. Prior Theme Recap Last week I expected a focus on market divergences, especially the decline […]
How should traders and investors take advantage of seasonal patterns? There are so many opportunities for dividing the calendar! This year, the best has been to go long on Tuesday. Here is the 2014 summary from the Bespoke Team: You could have done even better if you had sold short on the other days […]
The latest bearish meme is the focus on market divergences. The idea is that a “healthy” market shows confirmation from various sectors. The Dow made a new record high this week, which does not really reflect the overall market. Many smaller stocks have experienced a significant decline from their highs. In a week that will […]
How worried should we be about the Ukraine crisis? Last week some regular readers whom I respect asked why I did not mention the Ukraine situation. It was a fair question, given the attention from the financial media. My answer was that it was an important story on many fronts – defining the future Putin […]