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 [...]
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 [...]
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 [...]
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 [...]
