Especially if you’ve been doubting the idea that common stocks are useful as an asset class for healthy long-term returns. Judging from many comments in the media and individual investors that doubt this construct to be real, I am presenting a chart extracted from a headline article in MarketWatch (the on-line service of the Wall…
Tag: marketwatch
Session 131–Adieu Q.E.–Rest in Peace
That is my fervent prayer. But it seems like the media has other plans. Today’s special coverage on CNBC and MarketWatch gives me the feeling, in fact, the much-maligned Quantitative Easing isn’t going to get a rest, even though its long past its prime as a topic. I’m not certain why this is. Maybe it’s…
Session 130–Regina Kort Saves Europe!!!
As you may have surmised by my lack of posting, I’ve been away for a few days. Before leaving for Europe October 11, I posted Session 129, “House of Pain.” The market was down big and in a tizzy about Europe and fear that recent signs of weakness there (especially in Germany) presaged their shallow recovery…
Session 127–The ‘Death Cross’
What is the ‘death cross” and why should we care? I’m not quite sure, but the media is fascinated by them … in particular the ‘death cross’ just completed on the Russell 2000, small cap index. A death cross is technical/stock-charting parlance for the point where an index (or stock price) sees its 50-day moving…
Session 125–Markets That Rhyme
According to Merriam-Webster, Rhyme (noun) is defined: one of two or more words or phrases that end up in the same sounds. Applying this concept to the market, like the words or phrases of a rhyme, the pathways a market takes to get where it is going may be different, the end results may look the same. This…
Session 123–Here we go again!
It’s September for Pete’s sake! And, the pundits are feasting on seasonality and the fact the that bad things have happened in past Septembers and Octobers. Just because the market has had a few bad experiences in these months (like September of 1929 and October of 1987), the “nattering nabobs of negativism” are out to…
Session 122–An interview with special guest, Wade Slome
It would be nice if someone would create an app for PCs, mobile electronic devices and televisions that would flash a large ‘Red BS‘ (mid-screen) every time the media went overboard or off the track on a news item. The downside for those who watch CNBC would be the screen flashing red all the time. I was…
Session 119–This Bubble is “Beyond 1929 and 2007.”
This is the investment landscape, according to economist/portfolio manager, John Hussman, highlighted in MarketWatch, “The Tell”, July 27, 2014. It is but a sample of what seems to be a barrage recently of ‘bubble talk’. One article cites data that indicates large doses of ‘bubble talk’ may be a predictor of bad times ahead; or, at a…
Session118–“Obama’s First 2000 Days”
Are we having fun yet? Whether you bought into the negative financial and political media rhetoric that accompanied our forty-fourth President into office or whether you did not, will, in large part determine your answer to this question. “2000 Days of Obama: How have stocks fared?…” (MarketWatch, July 14, 2014), answers this question and more…like…
Session 114–When good news is bad news
It would seem that is the case right now. We’ve had some good news in the last couple of days and it was met with a decent selloff today (6/24/14). Now the commentators are falling all over themselves trying to figure out why yesterday’s “flash PMI”: Markit, showing manufacturing expanding at the fastest rate in four…