— New concerns are raised over a big jump in investor sentiment— Both the Investors Intelligence and AAII surveys show moves to levels well above historical averages— The Media flashes caution signs, as usual, without perspective …— I still contend we are in the midst of secular bull market. Ignore the noise Okay, my title…
Tag: bear market
A significant change in message occurred Friday the 13th.
The word from Washington has changed from the coronavirus is ‘no big deal.’ We can get through this biological tap on the brakes of the economy with monetary ease (50 basis point cut in the Fed funds rate), a suggested cut in payroll taxes and, last Wednesday, a 30-day ban on flights from continental Europe….
A Look Into The Belly Of The Bear
Irrational Pessimism Before moving on to a more complete discussion of ‘the belly of the bear’, I thought a real-time view of ‘irrational pessimism’ might be in order. I have one and it is a doozy. Now a ‘doozy’, loosely defined, is “something unique.” Unfortunately, or fortunately for those left with money to buy, there…
“A ‘Horrendous Storm’ … set to hit stocks”–a postscript
Sometimes I spend so much time in kortsessions.com outing the work and dubious wisdom of the Cassandra’s of the stock market media and punditry world that I forget to give any credence to the possibility of a real correction or bear market being on our doorstep. I don’t mean to do this. There is always…