Good Morning! Markets continue their grind higher and seem to be unstoppable, but there may be some dark clouds on the horizon. For some reason, bond yields have fallen significantly over the past ten sessions. You would think that after the Fed announced their taper...
“Do not resist the tape.” This frequently quoted stock market aphorism advises investors against impeding market tendencies. Market moves are assumed to continue in the same direction. This notion has its origins in behavioral finance. With so many stocks...
Some investors may avoid buying a firm or index that has risen too rapidly because they feel it is ready for a correction, while others will delay selling a sinking stock in the hope that it will eventually reverse and rise. Is there any scientific evidence to support...
Good Morning and Happy Jobs Friday! Great news this morning on the Covid front and the Job front. Pfizer announced that they developed a Covid pill that reduced deaths by close to 90%. This is huge! What this means is that when this pill is accepted and distributed,...
Any investor must be aware of two prices: the present value of the investment they own or intend to acquire and the future value at which the investment will be sold. Despite this, investors are always examining historical pricing data and using it to inform future...
Good Morning! Another day, another all time high for the markets. Today is Fed day and an important one since there is an expected decision on tapering. There is an expectation that it will be slow and steady but any time liquidity is reduced, things don’t often...
