Looking at The Big Picture: Earnings and Valuations image

Looking at The Big Picture: Earnings and Valuations

By: David Moenning

Don't look now fans, but the number of trading days left in calendar year 2019 are dwindling fast and the holiday season is right around the corner. How the heck did that happen? It's the time of year when we are supposed to be stepping back from the blinking screens and focusing …
Is it Time to Worry or Look Ahead? image

Is it Time to Worry or Look Ahead?

By: David Moenning

Happy Monday and welcome to the final month of 2019, where the bulls will be hoping to avoid a repeat of last year's epic December collapse and the bears are looking to capitalize on an overbought condition. From a short-term perspective, it looks as if the much-anticipated pullba…
Can The Bulls Keep On Keepin' On? image

Can The Bulls Keep On Keepin' On?

By: David Moenning

I awoke to learn that there is yet another early-season snowstorm barreling its way toward Denver this afternoon. There is talk of a foot of snow, blizzard conditions and road closures into Tuesday afternoon. As such, our plans to "take Thanksgiving on the road" to be with our daughter, s…
Is FOMO Setting In? image

Is FOMO Setting In?

By: David Moenning

Happy Monday and welcome back to the game. My wife and I decided to make a quick trip out to Moab, Utah to enjoy a sunny weekend in a truly spectacular place. If you haven't been, be sure to put it on your bucket list. And for all you testosterone junkies, this is your Mecca as there are …
A New Leg Higher? Or... image

A New Leg Higher? Or...

By: David Moenning

I'd like to start this week's missive by wishing everyone a Happy Veterans Day and hoping that we can all take at least a moment to say a silent thank you to those who have kept our country safe for more than 240 years. Banks and the bond market have the good sense to be closed to…
Bear Camp Can't Be Happy image

Bear Camp Can't Be Happy

By: David Moenning

Happy Monday and welcome back to the game; a game that must be a bit befuddling for the bears at this time. Think about it. Our furry friends would seem to have an abundance of firepower at their disposal. For example, there is the ongoing trade spat, which seemingly improving wit…
That Line In The Sand Again image

That Line In The Sand Again

By: David Moenning

Good day and welcome back to the land of blinking screens. Breakout or fake out? Despite the impeachment and BREXIT drama, the punk economic numbers, the trade war, the geopolitical issues, the Fed meeting and, of course, the ongoing earnings parade, this is really the only questi…
It's All About The Parade image

It's All About The Parade

By: David Moenning

Good morning and Happy Monday. I've said it before, and I'll say it again. With all of the issues, headlines, tweets, etc., it is a little surprising to see the S&P 500 sitting within a stone's throw of an all-time high. Some will argue this is the market climbing a "wall of w…
Current Market Concerns: The Good, The Bad... image

Current Market Concerns: The Good, The Bad...

By: David Moenning

In speaking with folks about the state of the stock market over the past week, it occurred to me that people's views vary widely and seem to fall into one of three categories: the good, the bad, and the just plain ugly. Those seeing the glass as at least half empty are baffled by …
Jumping The Gun But Looking Ahead image

Jumping The Gun But Looking Ahead

By: David Moenning

Good morning and Happy Columbus Day. While banks and the bond market have the good sense to take the day off, stock markets are open, and traders appear to be busy processing the latest headlines. In case you haven't heard, it sounds like the White House may have jumped the gun wi…