— Two key historic characteristics of the stock market: It works to confuse and confound the maximum number of people most of the time while providing excellent long-term returns. — So-called “hawkish” commentary by the Fed is credited with sending stocks into a tailspin while, strangely enough, buyers showed up for the US Treasury 10-year which’…
Tag: small cap stocks
The Death of TINA (There Is No Alternative)
Wait a minute! The reports of TINA’s demise may be greatly exaggerated. If the acronym TINA is not part of your daily vocabulary, I can understand. The concept of “there is no alternative” is a term some market savants have used to explain the market’s strength over the past few years. There is no alternative to…
The Market Floats In a Sea of Mines
“Damn the torpedo’s… Full speed” … ahead! I used this somewhat doctored quote from Union Rear Admiral David Farragut to title my final post of 2019. Back in the day (1864) the torpedoes Farragut was damning happened to be contact mines that were easily able to blow a ship out of the water. There were…
Farewell “Summers’s Last Hurrah, “Welcome the Winter of Our Discontent”
What happened to fall? … Climate change, of course! With all due respect to William Shakespeare and John Steinbeck, the inspirations for my title, reading the national news along with Barron’s, and the front page of the Wall Street Journal, one would get the opinion we are about to slip into a cold winter market…
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…