The bull market is back. But there seems to be a disconnect between recent stock performance and the headlines. What’s going on? The short answer is that the good news is outrunning the gathering problems, for now.
Read More
Today we are moving General Motors (GM) from Buy to Sell. General Motors has made a remarkable transition from bankruptcy in 2009 to a highly-profitable and innovative contender in the rapidly changing global auto industry, driven by CEO Mary Barra. However, with the at...
Read More
The market is beginning to more fully anticipate a post-Covid environment and economy. As such, investors are looking to slower/normalized/sustainable growth following the bulge from the pandemic stimulus programs and pent-up demand, higher interest rates, and a relenting of supply chain issues.
Read More
The economy is booming, and earnings are terrific because the slack from the pandemic is being picked up. Business is making up for lost time. But once that slack is gone, economic and earnings growth will return to normal, whatever that is these ...
Read More
With today’s 9% intra-day price drop following a disappointing near-term outlook, Cisco (CSCO) shares look more attractive and we would buy/add to positions here, as the long-term fundamental picture remains healthy.
Read More
The bull market is back. But there seems to be a disconnect between recent stock performance and the headlines. What’s going on?
Read More
We continue to watch in amazement the values that the market puts on electric vehicle makers, with the most recent example of Rivian Automotive (RIVN). Since its IPO at $78/share, RIVN shares have doubled, making the EV company’s roughly 900 million shares worth total...
Read More
What inflation? What supply-chain issues? Headlines be damned. This market is on the cusp of yet another new all-time high.
Read More
Times are good. After a rough September, the market soared 8% higher to a new all-time high. Earnings have been spectacular, and the bull market is back, although the market has pulled back in the last couple days.
Read More
Like nature, stock markets have seasons. We experienced a brief but frigid winter about 18 months ago when nearly every stock wilted as capital markets froze (no pun intended, mostly).
Read More
A new and powerful issue has arisen in the wake of this pandemic recovery. It’s called inflation. It hasn’t been a real problem in ages. But it used to be a huge problem.
Read More
Today’s recommendation comes from Carl Delfeld’s Cabot Explorer and this week has found one that we will all understand because it’s part of the solution to one of the year’s greatest economic challenges.
Read More
September was lousy. October was glorious. What can we expect in November and beyond?
Read More
A hundred years from now, the average citizen will wonder aloud when they think about how oil was used in transportation… “you mean they actually burned that stuff!?”
Read More
It was a glorious October. The S&P 500 was up about 7% for the month, more than making up for September’s 4.8% decline. Now what?
Read More
Many people like to make decisions based on hunches; sometimes they’re called “educated guesses” and sometimes “feminine intuition.” And there’s some experimental support for the idea that snap judgments often prove quite sound.
Read More
We’ve come through the seasonally treacherous September-October period with only minimal losses, and odds are now good that the bull market will run right through the end of the year.
Read More
New highs are good. Nine portfolio positions are at or near the 52-week high. Let’s be happy.
Read More
We’re watching with wonder how Tesla is now a $1 trillion company and that Elon Musk, by himself, is worth more than all of ExxonMobil. There is some poetic irony that the pioneer of electric vehicles and solar panels is outshining (no pun the...
Read More
It looked ugly for a while in September. But the market came right back and is at a new all-time high. Now, we’re back in cyclical heaven.
Read More
