The markets bent but did not break yesterday. The Standard & Poor’s 500 (SPX) at its worst declined over 24 points or 1.34%, only to close off 16.4 points or 0.89%. Initially the raison d’etre for the selloff was attributed to earnings and economic data. However, problems in the emerging markets are beginning to bubble […]
McDonalds (MCD), S&P 500 (SPX)What I considered to be the 6th day of the elongated holiday weekend was about as exciting as watching snow melt, which I can assure you was not occurring around here. The Standard & Poor’s 500 (SPX) traded in a six point range or about 1/3%. Historically, the average daily range is close to 1.5% […]
Buffalo Wild Wings (BWLD), Five Below (FIVE), General Motors (GM), McDonalds (MCD), Microsoft (MSFT), S&P 500 (SPX)As I suspected, the markets opened higher and held onto most of those early gains by the close of trading on Tuesday. While there is a smattering of earnings this week, including one today for one of our LakeView Asset Management holdings – Constellation Brands (STZ) – for the most part, earnings season does not […]
Chipotle Mexican Grill (CMG), Constellation Brands (STZ), McDonalds (MCD)We are in the midst of a secular bull market. This is the most hated bull market that I can recall during my career which began on Wall Street at Morgan Stanley (MS) in 1984. Unfortunately, most of today’s market participants; especially those under the age of thirty-five have never experienced a secular bull market. […]
Apple (AAPL), Caterpillar (CAT), Cisco (CSCO), Dow Jones Industrials (DJIA), Ford (F), Google (GOOG), McDonalds (MCD), Microsoft (MSFT), Morgan Stanley (MS), S&P 500 (SPX)