That Mean Old Reversion

That “Mean Old Reversion.”  Most stocks, and the indexes in particular, have a historical habit of “reverting to the mean.”  The 200-day simple moving avergage is the typical “mean.”  In this week’s update, I show the chart...

It’s Complicated!

Rising interest rates, high valuations, lock downs ending – but covid variants emerging, housing prices, oil prices . . . A lot of variables to consider. How are we supposed to know what the market will do next? I offer my thoughts and analysis in this...