The Money Runner
2017 – What’s past is prologue
By David Nelson, CFA “What’s past is prologue.” – The Tempest (Act 2 Scene 1) William Shakespeare Before we look into my crystal ball for some insight into 2017 let’s take a walk down memory lane and review a few of the events that shaped the year. Right out of the gate trading halts in […]
Will the Fed end the Trump Rally?
By David Nelson, CFA After a 4 week post-election rally pushing the Dow up close to 20K, focus shifts to the Fed and an expected rate hike, the first since last year. There’s little debate on the street as to the announcement this week but the commentary that follows has investors wondering just how much […]
Recount – It ain’t over till it’s over
By David Nelson, CFA It’ ain’t over till it’s over – Yogi Berra We ended the Holiday week pushing U.S. equity benchmarks to another round of record highs and maybe a bit too comfortable with the concept that stocks are setting up for the next leg of the bull market. Late Friday, Green Party candidate […]
What CEOs will do with the cash – You’re not going to like it
By David Nelson, CFA While it may feel like the Trump Rally has exploded out of control we’re still at levels we’ve been flirting with since the dog days of summer. The S&P 500 (SPY) is up a little less than 2% from Election Day. The real story has been the rotation in and out […]
In a New York Minute
By David Nelson, CFA In a New York Minute Everything can change – Don Henley Don Henley’s lyrics from his popular hit song New York Minute sum up a volatile week that pushed some trades back in the green while others were thrown out in the trash. Donald Trump’s victory election night stunned the world […]
SPY: The other side of Armageddon
By David Nelson With angst over the election rising its not surprising markets have struggled for the last several weeks. Friday’s close slightly in the red gave us 9 straight days to the downside an event not seen since 1980. The media blitz adds to the drama painting Tuesday as an apocalyptic event. While it’s […]
The U.S. Dollar – Public Enemy #1
By David Nelson, CFA A myriad of factors seem to be colliding forcing some of the world’s top strategists to the sidelines. The approaching election, a confused Fed and stretched valuations weigh on sentiment as the markets here continue to churn forcing investors to bounce from one sector to the next searching for the Holy […]
Wake me when September ends –
Summer has come and passed The innocent can never last Wake me up when September ends – Green Day By David Nelson, CFA There were few innocents in September but the closing month of summer had its share of villains. Wells Fargo’s (WFC) CEO John Stumpf was forced to explain in front of congress why […]
