Daily State of the Markets
Market Model Review 10.11.21
As a reminder I've decided to make an adjustment to the publishing schedule of my blog/oftentimes meandering market missive. Going forward, the plan is to publish a "Model Review" report on Monday mornings. This will be the same group of models that you have come to know over the years. T…
Two Charts Explain The Action
Here we go again. Apparently the fast money traders and their computers have decided that another fast-moving, violent rotation in the stock market is needed here. So, it's everybody out of the pool in tech in favor of players going all-in on the reopening/value stocks. Got it.
To…
Market Model Review and Publishing Update
Greetings and Happy Sunday!
I am writing to let you know that I've decided to make an adjustment to the publishing schedule of my blog/oftentimes meandering market missive.
Going forward, I plan to publish a "Model Review" report on Monday mornings. This will be the same g…
The State of the Market (In Two Bullet Points)
I was recently tasked with providing a summary of the current market environment in, wait for it, two bullet points. As long-time readers of my oftentimes meandering market missive will likely agree, brevity isn't exactly my strong suit. But, I decided to give it a try by accepting the ch…
Threading The Needle
All eyes were on Jackson Hole last week. Well actually, all eyes were on their computer screens as Fed Chair Jerome Powell gave his much anticipated speech virtually at the Kansas City Fed conference, which is usually held in Jackson Hole.
In short, investors of all shapes and siz…
Delta Disruption?
Although stocks rallied to end the week and my screens are flashing a lot of green again this morning, it appears that the relentless rally that began in March (or some might argue, November 2020) has stalled a bit. To be sure, this isn't the first time the bulls have taken a break during…
Stocks Ignoring Consumer Angst
While surprising to some (mostly those dressed in their best bear garb), the stock market continues to work its way higher. Appearing to be climbing the proverbial "wall of worry," the S&P 500 just keeps on keepin' on - to the tune of record high closes, that is.
In case you'v…
Will Stocks Soon Experience Indigestion?
I remained in vacation mode over the weekend and tried my best to stay away from the computers. And since I'm now attempting to dig out upon re-entry, I'm going to let the market models do most of the talking this morning.
In brief, I believe the stock market remains in what I'll …
Don't Look Now But Valuations Are Improving
My wife and I are supposed to be vacationing in England this week and next. But since COVID's Delta Variant (and the U.S. State Department) had other plans, my wife and are instead "staycationing" via a couple short trips. While the mountains of Colorado are very different from the Lake D…
