Bounce Back or Bust

Last week, the major indexes were weak, pulling back from record highs. No surprise right?  We are in a major pandemic, we have a contested presidential election, the senate hangs in the balance, small businesses are cratering, and unemployment is high.  And market...

I have some questions

Here is my number one question: “What justifies the S&P 500 P/E ratio being 44% above its historic mean?” Seems like a reasonable question.  In this week’s update, I venture into a little bit of fundamental analysis.  Weird, I know, for a...

50-mile-an-hour headwinds

“50-mile-an-hour headwinds.”  That is a quote from “Maestro,” otherwise known as Alan Greenspan, Chairman of the Federal Reserve from 1987 – 2006, under 4 presidents.  He made that comment about the economy as it was struggling to come...

How to get Whipsawed

Here is how you can get “Whipsawed” in the market:  Chase headlines and assume that short term moves imply long term trends. It can be exciting, but I don’t reccomend it.  “Exciting” can equal significant losses. In this week’s...