The Lonely Bull

Not earnings season yet, but too close for companies to say anything or buy back stock; it’s the quiet period.  A Fed meeting, just a couple weeks away, but hopes for a rate cut; no [...]

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 [...]

Nervous yet? It wouldn’t be unusual; after all, popular stock market averages are up 15-20% through the first half of 2019.  Concern is common, investors seem to be more jittery [...]

Stock markets have had this recurring nightmare ever since the recovery from the 2007-2009 financial crisis; “this is the end.”  Now that the recovery and bull market are over 10 [...]

More than just sector rotations, the U.S. stock market has been toggling between defense and growth.  One day investors buy up companies with defensive characteristics then within days these [...]

Some of our investors periodically ask us, “how are the money flows?”  They know we keep track of this metric.  The measurement is actually an indirect one and more [...]

In the past, inverted yield curves have often predicted recessions in the United States.  But what is “inverted?”  Inversion refers to short-term interest rates that are [...]

In this case the end could justify the means; it all depends on if the tariffs and confrontational approach with China leads to a more equitable trading relationship. It may be that the end [...]

If a company misses its earnings or revenue estimates, even by just a little, its stock is pummeled. Give less than expected guidance – pummeled. This has been an unforgiving earnings [...]