Good morning and Happy Friday! Yesterday the SPX took out the all time high but could not hold on to it. Today is the last trade day for July. We are now moving into a seasonally bearish period and should expect more volatility. On Monday, I recently liquidated all of...
Following the markets on what the world is shifting to is not difficult. It’s a no-brainer to use clean energy, and it’s also a no-brainer to use battery power and its providers. Cloud computing, artificial intelligence, advanced medical, and so on. Are...
Well, here’s the thing: until humans find out how to leave our solar system, tech stocks will always be on the move. We have constantly sought ways to improve our technological capabilities since the dawn of time. Yes, the stock market collapses from time to...
Good morning! Markets went down yesterday and now consolidating. Earnings overall have been very good and supporting the current price levels in the market. But is growth slowing? I now believe that the bond market is pricing in a slowing in the economy. This is not...
Price is the driver of valuation ratios. As prices rise, valuation ratios rise as well, resulting in reduced future expected returns. The market P/E ratio, on the other hand, has varied a lot throughout time and has never been a reliable buy or sell indication. Talk...
The market routinely misprices these “value” companies and then adjusts later, according to studies. One probable conclusion is that these equities carry higher risk, for which investors want additional compensation in exchange for taking on additional...
