The Money Runner
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 […]
Is the bull market in gold over?
By David Nelson, CFA Rate hike fears and a strong dollar trashed gold this week driving down the metal and associated ETF’s to the lowest levels since Brexit. The inverse relationship between gold and the dollar is well documented hence the selloff in the yellow metal makes perfect sense in light of a rising dollar […]
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 […]
I’ve good news & bad news for investors – Which do you want first?
By David Nelson, CFA I’ve got some good news and bad news. The good news is: stocks, bonds and gold exhibited high positive correlation last week all moving higher giving most investors something to cheer about after a rough start to the month. The bad news is: stocks, bonds and gold exhibited high positive correlation […]
Fed Hike for September is Off the Table
Click on Picture for Full Video David joins the TheStreet’s Scott Gamm and Moody’s Analytics Chief Strategist John Lonski to discuss the August jobs report.
Apple to Bring Home Billions
David says Apple got caught with their pants down and now are holding out an olive branch.
