The Money Runner
Manic Depression – Bipolar Markets
Manic Depression is touching my soul I know what I want but I just don’t know… Jimi Hendrix By David Nelson, CFA, CMT On the heels of the most dovish FOMC press conference in recent memory investors seem to be suffering from “manic depression” or some other severe bipolar disorder. In the 15 hours following […]
ATLAS WILL SHRUG – The Fed can’t hold up stocks forever
By David Nelson, CFA, CMT Stocks have made a dramatic recovery since the Christmas Eve low. The recent price action pushing shares up close to 20% begs the question; is there enough fuel to extend the rally? Friday’s volume was well above normal and last week’s strong performance led by Technology comes on the heels […]
Knocking on Heaven’s Door
By David Nelson, CFA The chart says it all. You can’t get any closer to the resistance line of the S&P 500 without crossing it. For several days, stocks have been threatening to break into the promised land but to date have failed to cross the border. A successful breach doesn’t mean we’re off to […]
BEZOS TO NEW YORK – “It’s not personal…it’s strictly business”
By David Nelson, CFA After waves of protests Amazon (AMZN) executives are re-evaluating plans to put a campus in New York City. The original plan called for 25,000 jobs in Long Island City and an investment of about $2.5 Billion. Political opponents of the plan have forced a sudden change of heart among company executives. […]
State of the Market
By David Nelson, CFA With the President’s State of the Union scheduled for Tuesday now seems like a good time to discuss the State of the Market. January was certainly a great way to kick off the year especially on the heels of December, a month most of us would like to forget. Talking points […]
Heads I win, tails you lose
By David Nelson, CFA On the heels of a year most investors would like to forget the first Q4 earnings reports are in with some interesting observations. The most surprising data point this season is the following: Investors are rewarding both positive and negative earnings surprises with higher prices. FactSet data shows companies coming in […]
D-Day – The Earnings Battle
By David Nelson, CFA Market historians will look back at the final months of 2018 and chronicle a war that started perhaps as early as January 30th, 2018. Interestingly, Apple (AAPL) like today was at the heart of concerns. The Wall Street Journal reported the company had reduced plans for its flagship iPhone X from […]
The WALL is Here
By David Nelson, CFA President Trump said the “Wall is Coming” but for investors it’s already here. The Wall of Worry always looms large and this time around there’s no shortage of data and or rhetoric to stoke those fears. Ending the first few days of 2019 in the green was two steps this side […]
