Wars Typically Bring OpportunityAnother high-quality stock for your watchlist Why the Fed should stay the course irrespective of Russia I”ll take a recession over out-of-control inflation A lot has happened since I last penned a missive. Tensions with Russia seemed to have escalated… …
Dow’s Worst Day for 2022Volatility here to stay PPI hits 9.7% Year-on-Year Why the Fed will be on the “front foot” in March 2021 will be remembered for its unusual lack of volatility. Markets offered traders only two pullbacks which barely hit 5%. 2022 is…
Inflation Soars – 7 Rate Hikes For 2022CME forecasts 100% chance of 50bps hike in March CPI hits highest level since Feb 1982 at 7.5% 5-year inflation expectations at 2.8% Definition of inflation: excess money chasing too few goods. It is entirely a monetary phenomenon. Put another…
Do You Buy Meta Platforms (FB) Here?Tonight”s post focuses on the 41% slide in Meta Platform”s (i.e., Facebook) stock. Is this a buyable opportunity? Or is it one to avoid? My short answer is two-fold: (a) I think we could see a little more downside; however (b) if…
10-Yr Yield Surges on Jobs… 6 Rate Hikes for ’22?Facebook taketh away; and Amazon giveth S&P recovers but more work required 10-year yield surges above 1.90% on growth outlook It was a topsy turvy week – however the S&P 500 and Nasdaq finished their best week of the year so…
The Punishing Price of Missed ExpectationsA look at the earnings vs expectations from Paypal, Facebook and Google...
Stocks Worst Month Since March 2020Typically if the market turns in a negative return for January - there is an 87% probability the calendar year will also show negative returns.
‘Buy the Dip’ or ‘Sell the Rip’?At the start of the year - I said expect a 10-15% sell off in the first half of the year. This is now playing out... but there could be more to come. Do you buy the dip... or sell the rip?
S&P 500 Down ~9% in 3 Weeks… That’s a Good ThingTo start the year - I was looking for a 10-15% type correction. And if we were lucky enough to see that - it would be a great opportunity to pick up share in quality companies which are profitable; and/or have strong free cash flow. Today you had this opportunity and it's exactly what I did.
Fasten Your Seat Belts…Get ready for a lot more volatility. In short, "more Fed will equal more vol". Rate hikes are coming... only question is how many and how fast...
Tech Sell-Off Not Finished Yet109 of the S&P 500 stocks are now 20% off their highs. But I think there's much more to come... you need to stay patient here.
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).
