The Money Runner
You can’t handle the truth – Do the Math on the 2023 Bull Market
By David Nelson, CFA The narrative for 2023 and a bull market that continues to get little respect is that without the support of its $trillion market cap members, most of the market is little more than roadkill. Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN) and its latest addition, Nvidia (NVDA) have put in […]
When Is It a Good Idea to Make an All In Bet
By David Nelson, CFA Going all-in. When do you make that bet? We see it in the movies all the time. Gamblers living on the edge push the chips to the center of the table confident there is no way they can lose. How does that scene play in the real world outside of a Hollywood […]
Banks don’t go down 70% unless there’s a systemic problem
Click Here for Video https://www.bnnbloomberg.ca/video/we-have-a-real-problem-banks-don-t-go-down-70-without-a-real-systemic-issue-strategist~2681378
When is the best time to get out of mega cap stocks? Asking for a friend.
By David Nelson, CFA CMT Did anything change last week? Not really. It was a modestly downbeat week with the exception of Friday’s monster rally on the heels of a solid quarter from Apple (AAPL). The stock sits just shy of the August 2022 high and only modestly below all-time highs set in 2021. Bloomberg Data […]
Shotgun Marriage – UBS Credit Suisse
By David Nelson, CFA CMT Swiss authorities had considered a full nationalization of Credit Suisse Group but it looks like UBS has agreed to an acquisition of the troubled institution at just over $3 billion. Unknown how forceful the persuasive argument was from Swiss authorities but it looks like they will shower UBS with enough […]
What’s driving the surge in tech shares?
By David Nelson, CFA CMT Investors are questioning the rush into mega cap tech at the height of a banking crisis that has rippled through markets in the last two weeks. I think CNBC’s Josh Brown said it accurately. Investors today view many of these large digital companies as consumer staples. It’s hard to deny that […]
