I haven’t written anything in over a month but now feels like a good time to provide an update of what I’m seeing and expecting. Investment markets in general, and stocks especially, typically act in one of two frames of mind. When investors are comfortable taking on risk virtually all bad news is ignored and…
3 Waves of a Bull Market
Bull markets tend to evolve in 3 waves. The first phase is when the “smart money” and institutional investors are buying at relatively low valuations, typically following a bear market, that ends a decline starts a steady push higher. The second phase is when the media finally catches on after noticing that a market has…
Why I Becoming Growingly Nervous About Stocks
Volatility and the monthly high-to-low range of the S&P 500 has been shrinking the past 3 months to the point that it’s becoming “compressed” and due to breakout. Volatility looks poised to pick-up in the very near future. Companies continue to increase Merger & Acquisition (M&A) activity and stock buybacks. Both are signals that management…