The national elections have taken place. Politically, it appears that expectations for a “Scenario 2” outcome is most likely – Joe Biden winning the White House and the Republicans holding the Senate. There are some recounts yet to take place and court challenges to be decided as well as at least one if not two […]
As expected, in the month of September, the markets experienced their first significant correction since those dire days of the beginning of the COVID-19 crisis. This correction especially hit the red-hot growth technology stocks the most. During the month, I unwound hedges and got back to work on identifying opportunities, tactically and strategically across all […]
Professionals often say that in bull markets, stocks go up on an escalator and fall in an elevator. By that we mean that stocks will rise gently and then pullbacks are sharp and swift. That is exactly what occurred last week. Last Tuesday, I experienced the best growth performance (outside of a crisis rebound day) […]
Growing up, I recall watching several kids shows produced or designed by Sid & Marty Kroftt. There was Land of the Lost, H.R. Pufnstuf and of course The Banana Splits, to name a few. All of them were silly shows, nevertheless entertaining for a single digit aged child. Today, two major mega cap stocks will […]
My friend Jim Cramer wrote a book titled Jim Cramer’s Real Money: Sane Investing in an Insane World. Needless to say, the first half of 2020 has been insane for markets and the world in general. One had to decide in the first half of the year, whether to abandon stocks or, as is the […]
I have taken some time off from writing for many good reasons. I have been working twice as hard these past two to three months to concentrate more time and energy on LakeView Asset Management and client accounts. The need to do more research and focus on opportunities in what is clearly the best growth […]
In my 36 years in this business, I have never experienced the type of tumultuous behavior in financial markets as we have undergone in March and April of 2020. I am expecting that May will bring some stability to markets; though it did not seem to start off that way on Friday. The unprecedented nature […]
When winter turns to spring, we look for green shoots of plants and grass to emerge as a welcoming to the new season of growth. For financial markets when we have suffered an economic winter, we look for green shoots as a sign of return of growth. Such green shoots have emerged, yet there are […]
Financial markets around the globe are suffering from a bad case of leptokurtosis. This is not a viral disease but a statistical condition. Leptokurtosis is what is known as “fat-tailed” returns. Put another way, market returns are larger – both up and down – than under normal market conditions. Not only are closing returns much […]
The markets have caught a flu of their own. While I have quarantined myself in front of my computer console battling the market’s woes, I have also had the opportunity to speak to many of you on an individual basis as to my opinion on the market decline. As a result, I want to conduct […]
