More Tricks than Treats?The market is up around 11% from its recent lows. Its rallying on the hope of a dovish Fed. My advice is tread carefully... you might get 'tricked' rather than 'treated' this Halloween. The upside does not handily outweigh the downside risks. Bear markets are known to do just that...
Does the Bullish Case Hold Water?Markets tried hard to rally this week - but was met with strong selling. I lay out both the bullish and bearish case... where I favor lower prices with a S&P 500 target of 3200
Jamie Dimon: “This is Serious”The CEO of the US' largest bank by assets - Jamie Dimon - has sent another warning. 'This is serious' he said... warning of perhaps up to 20% further downside and a recession in 2023...
Tech May Catch a Short Term Bid – But It’s ExpensiveStocks look set to rally a little in the near-term from oversold levels. However, act with caution, as they are looking expensive given the environment of expected EPS decline.
Why These Companies are my ‘Core’ Top 4 HoldingsIf you don't own each of Apple, Microsoft, Google or Amazon - you should consider it. These are four of the highest quality companies listed globally for good reason... the only question to ask is what premium you should pay... and not whether you should own them.
S&P 500: Zones to Start Buying for the Long-TermS&P 500 has given up ~12% in just two weeks. 11 of the past 12 weeks have seen declines.That's not something you see too often... but it is a time you should be sharpening your pencil... and getting very excited.
Stocks are Yet to Experience a Solid ‘Flush’At the start of this month we were talking about April's strong historical record. But as we know, records mean nothing. This month was brutal especially for the Nasdaq. It posted its worst monthly performance since 2008.
Why It Makes Sense to Buy “Peak Fear”This post examines the annual returns on the S&P 500 if buying when the VIX hits (a) 35 and (b) 45 (i.e. peak fear). In summary, it pays the buy when everyone is selling....
Nothing Changes after Today’s Surge HigherMarket staged their best day in 2 years... with the Nasdaq up 3.6%. For now, this smells like a bear-market rally. We need to see more to add conviction the bottom is in for 2022...
Earnings: Will Value Outperform Tech?Money has been rotating from growth names into 'value' (i.e. those that pay dividends; have predictable cash flow and trade at lower multiples).
