Teeter-Totter
Our U.S. stock market is making a shift to value or business cycle sensitive stocks from growth stocks that are not sensitive to this cycle. This has not been one major shift, but a process [...]
Earnings Bungee Jumping
Watching the reaction to some earnings report is like watching people jumping off a bridge with a bungee cord. It a lot of drama, but in the end goes nowhere. It’s remarkable [...]
Green Light!!
Money flow indicators have turned decidedly positive for business cycle sensitive stocks. These are in the financial, industrial, tech, materials, energy, and discretionary sectors. [...]
Muddy Waters
The U.S. stock market is making a transition from a focus on growth stocks to one focused on value. This transition would reflect a growing optimism in a reacceleration in our [...]
Happy Independence Day – Happy Birthday, U.S.A.
This is a good time to reflect upon the legacy given to us by our forefathers. They risked their wealth and their lives to gain independence from England and went on to construct the [...]