Since the current bull market began in 2013, the stock markets have experienced a series of panics: In 2013, the “Taper Tantrum” as markets feared the removal of policy accommodation by the US Federal Reserve FOMC In 2014, the “Great Ebola Scare” when we were all supposed to perish from the deadly disease imported from […]
One of the reasons I have not penned My Gut Feeling for three weeks is that I was scheduled for my annual eastward drive for the summer from Nevada to New Jersey. Originally, my son Adam and I, together with our two dogs, Scooter and Carson (who are too big to safely fly) were going […]
There is plenty of media coverage focused on the continuing trade negotiations between the USA and PRC (Peoples Republic of China). The markets got all flustered the last few days (and likely today) as no trade agreement was reached and President Trump set forth addition tariffs on $200 million of goods across several thousand products […]
Bull and bear markets are cyclical in nature; lasting on average 10 – 15 years; some longer and some shorter. The current bull market began in 2013, not 2009. While 2009 was a bear market bottom, it did not mark the beginning of a bull market. More sophisticated investors know that the bull market began […]
We made it to Tax Day, April 15 and survived. I celebrated the end of the two-month torture period with my wife by going to a chocolate taste testing at Ethel M. Overall, I was so busy the last two to three weeks that I had to take a break from writing this commentary. Plus, […]
When I last left off, I wrote about three items / topics. Here is the follow-up: 1) My Gut Feeling for Boeing (BA) was that while the stock was in the penalty box, it likely bottomed out at $363.33. It is fair to say that BA has done it’s two minutes for interference (a hockey […]
This week’s calendar is rather quiet; but, will be dominated by the Federal Reserve Open Market Committee’s (FOMC) interest rate decision. The probability of a rate hike is 0%. The probability of a rate cut is 2%. So, the only important aspect of the FOMC’s Wednesday rate decision will be the statement and comments by […]
I have been on the sidelines as far as writing goes, but have been busy as a beaver otherwise, so apologies for not writing sooner. The first quarter rebound continues after taking a one-week hiatus last week from a historic bull run. The equity market got back on its horse this week, despite Boeing (BA); […]
Greetings from snowy Las Vegas. I had the pleasure of previewing Warren Buffet’s 2018 annual letter to Berkshire Hathaway’s (BRK/A; BRK/B) shareholders on Yahoo! Finance (now owned by Verizon (VZ) ) Friday afternoon. Here is that interview (unfortunately you have to click on the link as I could not embed the video here): https://finance.yahoo.com/video/expect-warren-buffetts-annual-letter-223803825.html There […]
NOTE: this commentary was written overnight. However, due to technical difficulties could not be published until midday today. Please accept my apologies for any inconvenience. For the month of January 2019, the Standard & Poor’s 500 (SPX) rose 7.87% after declining 9.18% in December 2018. The index remains 6.79% off its all-time high set on […]
