The Calendar Turns
At the beginning of this year, we made the observation that “good markets usually follow great markets.” 2013 certainly was a great year; and so far so good as to this year. The broad market [...]
What Were the Chances?
Twenty-one new highs for the S&P500; where are the naysayers now? “Sell in May and go away;” not this time. For over thirty-five years, I have heard all the reasons why things are really [...]
Oh No – Not Again
Iraq and a swath of Syria and the Levant are on fire. The Romans couldn’t fix it. The Ottomans couldn’t either along with the British and finally, us Americans. If the Middle East determined [...]
Bond Market Capitulation – Throwing in the Towel
Recently, a majority of bond investors accepted the belief that bond interest rates would stay low for a long time. As prices climbed higher, and yields lower, those bond investors on the [...]
Melt Up – Tastes so Good
The U.S. stock market looks to be at the beginning of a rapid rise. Professionals refer to this phenomenon as a melt up. Because stocks are moving up rapidly, it causes other professional [...]