The weakness that was troubling the market before last Wednesday’s unanticipated holiday worsened when markets opened again Thursday, and the major indexes are back at their correction lows. I was optimistic when the market strengthened two weeks ago, for now it’s time to defensive...
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With our mix of conservative, growth-oriented and high-yield investments, our portfolio continues to do well. Most of our non-Safe Income stocks are still on Hold, so it’s time to start thinking about becoming more aggressive, if the market becomes more constructive. But we want...
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Approaching Neutral
The major stock market indexes tacked on more losses last week, even though markets were only open for three-and-a-half days and trading was relatively light. The Nasdaq closed the week 4.3% lower, the Dow was down 4.4%, and the S&P 500 lost But...
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The stock market slump that started last week has intensified in recent days, bringing the major indexes back to their October lows. I do have one rating change today, selling one third of a position, but the rest of the portfolio is in shape...
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After spiking last Wednesday, the major indexes have, predictably, pulled back over the past week. The market is likely to try to shake out weak hands a few more times before starting a sustained new uptrend. I have no rating changes today, but on...
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The market has rallied since the last update; all sectors except for utilities are higher over the last five days. Materials, energy, financial and consumer discretionary stocks have led the rebound. While it’s certainly possible that the end of October marked the end the...
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After a mixed performance last week, the market opened significantly lower yesterday, and the Dow and S&P 500 both hit their lowest level since the start of October. One of Cabot’s long-term market timing indicators just turned negative, which tells us it’s time get...
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We've had a fierce six-day selloff, but the market has managed to find support and is rebounding this week. But I still advise caution as things are still dicey. Most of the positions in our portfolio are on Hold, but we're adding one to...
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The yield on the 10-year Treasury hit its highest level in seven years and remains elevated as this week progresses. This interest rate surge has created some unusual ripple effects across growth stocks, utilities, financials, and energy stocks. Thankfully our diversified portfolio is well...
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Impacts from interest rate hikes are felt throughout the fixed-income markets. Interest rates on new debt rises, but prices of existing bonds tend to decline.
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The stock market managed to tread water for most of September but we’re seeing some renewed rotation as we start October. Selling is prevalent in growth stocks the past two days but the portfolio is holding up just fine with the short-term volatility. have...
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The market has calmed down a bit as the Nasdaq is virtually unchanged in the last week and the Dow, meanwhile, made some decent strides, gaining 1% to reach a new six-month high. Several of our stocks have taken encouraging steps forward since Wednesday...
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The Nasdaq has sold off last week but thankfully the selling was limited to growth stocks and like the Dow, our portfolio has been largely unscathed. There's no reason to panic and we'll watch for any more signals of a longer or larger Two...
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The stock market has started September with a small pullback but the big picture is still bullish. If you’re underinvested, it’s time to come off the sidelines. Most of the stocks in our portfolio are healthy, and I’m putting one of our holdings on...
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The broad market looks healthy. The S&P 500 is close to breaking out to new highs, and the Dow is at its highest level since February, propelled by strong performances from industrial and consumer staples stocks. Energy stocks are still lagging a bit, everything...
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We continue to see an unusual amount of rotation in the market, with crosscurrents sending sectors up one day and down the next. However, our portfolio looks healthy. We have a two rating changes today, but overall we are in good shape.
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Earnings season has seen some huge reactions, and this week brought the drama to our portfolio. There have been sharp selloffs, but we're not going to overreact. A few rating changes to the portfolio today, but overall we're in good shape.
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It’s been an eventful week in the market, as some big earnings blowups worsened the ongoing exodus from leading growth stocks and big tech names. We've also seen selling in small- and mid-cap stocks. As we navigate the rotation in the market, one our...
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Markets remain strong. The major stock market indexes all ended last week in the black and, after a brief pause Monday, advanced strongly yesterday. Earnings season has began and only rating change today moving a position to hold.
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Markets ended last week with a strong performance, despite the mid-week holiday, which typically reduces trading. For now, I have no portfolio changes. If you’re looking to a do a little buying, we have plenty of options in every tier of the portfolio.
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