S&P500 >3300…how high can this MONKEY climb?

The S&P 500 broke above 3300 for the first time this week.  How high can it go?  I think higher. One primary reason is that many investors have missed out on this rally and money is still sitting on the sidelines.  Last year the average hedge fund performance was only 6.97%, while the S&P 500Continue reading “S&P500 >3300…how high can this MONKEY climb?”

Is the S&P 500 rolling over or making higher lows?

It’s been one negative headline after another- FED Repo Operations, rumors of Chinese stocks being delisted in the US, Impeachment Inquiry…yet today’s recovery was impressive and widespread.  What I find ever more interesting is how Emerging Markets seem to be improving as the US is slowing.  For the past month, Emerging Markets have outperformed theContinue reading “Is the S&P 500 rolling over or making higher lows?”

Markets like easy money

S&P500 is poised to close out the week up more than 4%.    Why? Mexican tariff fear is abating. No surprise, Mexico will take action (or at least say they will) to curb migrants entering their southern border. The May job’s report was weak, leading some to believe that the Federal Reserve will cut interest rates.Continue reading “Markets like easy money”

CRISIS du jour

Headlines are written with the intent to be provocative and incite fear.    It’s not easy to identify the real boogeyman.  So given the crisis du jour, what should you be afraid of? Loan DELINQUENCY The debt cycle isn’t even close to peaking.  Delinquency on credit card, mortgages and home equity loans are all at moderateContinue reading “CRISIS du jour”

Ignore Extreme Opinions

The S&P 500 is up nearly 17% from the lows of Christmas Eve 2018…did you panic and sell at the wrong time?  If so, maybe you should be paying more attention to investor sentiment…as a contrarian indicator. Last month I discussed Investor Sentiment in a podcast:  https://www.wealthsteading.com/279   The key to understanding investor sentiment, is thatContinue reading “Ignore Extreme Opinions”