“Bear markets do not end until: 1) sellers have panicked; and 2) buyers are panicked to buy again.” ~The late, great Paul Desmond “There is a time to go long, time to go short, and time to go fishing.” ~Jesse Livermore If you would like to watch the State of the Market video, please click…...
Powell made it clear the Fed will do whatever is necessary to maintain price stability which means tighter financial conditions even as risks to growth increase from oil price spike and pre-existing headwinds we have been highlighting for months. Sell any relief rallies from oversold conditions. Valuations still at risk as rates fall. 10-year Treasury…...
Research Report Excerpt #1 It may prove counterintuitive to many market participants, but the higher the VIX moves, the better the long-term returns. Having said that, we may have to withstand more volatility as we trek through weekly headlines and a CPI delivery this coming week. With an average intraday trading range of 2 percentage…
In the short-run, it’s difficult to see an easy way out of the current geopolitical nightmare. The hopelessness of the day is often a precursor to the promise and eventual brighter, and better future. Most people get up in the morning looking to better themselves, better their future (Nick Maggiulli). That’s how society propels itself…
This trading week was probably highly frustrating for a great many traders and investors alike. For anyone trying to trade this market actively, they better know what they are doing, and even then they have a high probability of being frustrated. I think that pretty much sums up the composition of investor sentiment at this…...
“When the going gets tough, the tough go shopping” is true for investors. Income-oriented investors have always been advised to think like a landlord, not a trader, reminding themselves that they shouldn’t price their unit on a daily, weekly, or monthly basis.” If you would like to watch the State of the Market weekly video,…...
Under a framework of knowns and unknowns, the world is a confusing place right now with the Russian invasion taking center stage. Our attention remains focused on what we can analyze, especially earnings growth, as we try to identify companies that can deliver at a reasonable price. Knowns and unknowns… The current investment environment is…...
Research Report Excerpt #1 Lastly, we hear a lot of chatter surrounding China and the potential for the CCP to model what Russia is attempting to do with its war on Ukraine. We are not of the viewpoint that China will look to reacquire the independent Taiwan as Ukraine is attempting to do with Ukraine.…
The market is testing investors and traders alike. That is what the market tends to do during corrections; it is normal to be concerned. The fact that corrections are normal, drawdowns are normal and market volatility is normal suggests that investors and traders should perceive the troubled uptrend as opportunity and maintain their resolve. Remember…...
The world is now forced into the calculating of a new reality, one that may not be easily compared in modern history and since World War II. That is the guiding premise that the Western world order is likely confronting given the escalation of military conflict enforced by Russia on the sovereign Ukraine. On behalf…...
