Daily State of the Markets
The More Things Change, The More They...
In the last few weeks there has been plenty of issues for traders to focus on. Obviously the ongoing debacle in Greece captured everyone's attention for a while. Then there was the 3-week crash in Chinese stocks. The renewed plunge in oil/commodity prices. Earnings. Economic data. And the…
Once Again It May Be Time To...
To be sure, China is the focal point of the stock market at the present time. The world's second largest economy is now the poster child for the #GrowthSlowing worry and all the bad things that come with it. China is also front and center in what can only be termed as an impressive case o…
The Not-So New Worry Is...
For those of you keeping score at home, the S&P 500 has changed direction no fewer than 14 times in 2015 alone. This means traders are "going the other way" on average, about twice a month. And if this stat doesn't drive home the choppiness on display at the corner of Broad and Wall t…
Stalemate
With the negative news, or perhaps what was perceived as negative earnings news out of the likes of IBM, Apple and some other tech heavyweights, arriving right on cue, the S&P 500 appears to have bonked at the top of the trading range again. For those keeping score at home, the revers…
Cue The Negative News
What a difference a couple weeks makes in this market. A mere nine days ago, the S&P 500 was threatening to break down in a big way as the double whammy of Greece and China had traders embracing a "sell first and ask question later" approach. The news was all negative as Greece was de…
It's Time to Keep Things in Perspective
Given that (a) the crises in Greece and China now appear to be "fixed" (insert eye roll here), (b) the S&P remains stuck in its trading range, and (c) we find ourselves smack in the middle of summer, I'm going to continue my take on the big-picture and long-term investing success that…
Warning Flag Number 3: Another One Bites The Dust
I saw a quote the other day about the way the stock market functions that rang true with me. Retired portfolio manager Arnie Mori said, "In the long run, intelligently diversified portfolios reflect a reasonable approximation of underlying value. Traders, on the other hand, are at the mer…
Is the Chinese Stock Market Plunge Over?
Dave M's friend and business partner, Paul Schatz of Heritage Capital, LLC is filling in this morning. We are pleased to be able to offer Paul's thoughts on the state of the market and hope that you enjoy his views.
I rememb…
Apparently, the Rest of the World Does Matter
This morning's "Daily State" report was penned by Robert Barone (Ph.D., Economics, Georgetown University), a Principal of Universal Value Advisors (UVA) based in Reno, Nevada. We are pleased to be able to offer Robert's views this morning.…
Buy The Dip? What Dip?
If investors have learned anything since the current bull market began on March 9, 2009, it is to "buy the dips." The bottom line is that any and all problems, fears, and/or crises (both real and imagined) over the last 6 years have been met with, almost without exception, a spirited reve…