Up, Up and A . . .Where?

The S&P 500 put in a new record closing high on Monday, 6/19/17.  So, are we “Up, Up and Away” from here?  Maybe . . . but maybe not.  Interestingly, the NASDAQ did not follow.  Historically, the NASDAQ often leads the overall market and right now, it is looking a little Bearish. I am not…

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Simon Says, “Go Long (or Short)”

Do you remember the children’s game “Simon Says?”  In the game, participants must follow the leader’s instructions only if prefaced by “Simon Says.”  For example, if they say, “Simon says jump,” then everyone who jumps stays in the game.  If the leader says, “raise your right hand” without the preceding phrase, “Simon Says” and you…

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And the Band Played On

The phrase “And the Band Played On” is a reference to a 1980’s film of that title that documented the growing AID’s epidemic and the reluctance of global governments to acknowledge it or to take any action. It seems apropos to the current market conditions.  Despite the age of the current Bull Market (eight years)…

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Global warming . . . markets that is

Regardless of individual views on global warming, the fact that global markets gave a warm reception to President Trumps announcement on America pulling out of the Paris agreements is indisputable. I am careful to not make this newsletter a commentary on political matters—there are plenty of forums for that.  But, political actions do affect the…

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