The Money Runner
FOMC Statement – The One Word that Matters Most
By David Nelson, CFA This week’s FOMC meeting is expected to be a yawner. It’s the middle of summer, it’s hot and half of Wall Street is on vacation. Like it or not Yellen and team will issue a statement that most believe will contain few fireworks. Below are some comments I came across this […]
Half Time Report – Alpha Select Performance Update
Alpha Select – June 2014 Update *Alpha Select – MTD +2.53% YTD +10.04% **S&P 500 – MTD +1.91% YTD +6.96% * Net of Fees ** Includes Dividends By David Nelson, CFA June was a solid month for markets and marks the half-way point for 2014. Alpha Select finished with another strong showing hitting double digit returns […]
Climbing the Wall – April 2014 Alpha Select Update
Alpha Select – April 2014 Update *Alpha Select – MTD (-0.11%) YTD +2.80% **S&P 500 – MTD +0.62% YTD +2.53% * Net of Fees ** Includes Dividends By David Nelson After starting off the month with a push to all-time highs markets quickly headed south and by mid-month were down close to 4%. Even confirmed […]
Panic In Needle Park – Janet Yellen “The Dealer” to the Rescue
By David Nelson, CFA It’s been seven years since I referenced Al Pacino’s first movie “Panic in Needle Park.” In August of that year I wrote an article for Minyanville discussing the Fed’s injection of funds into the financial system. This was of course the early days of the mortgage crisis which later morphed into […]
Active vs. Passive Investing – Time for Some Payback!
By David Nelson, CFA Since the dawn of index funds investors have grappled with the decision to place their hard earned money with portfolio managers or just buy the index. As money management styles fall in and out of favor, investors rushed from one fund to the next chasing the Holy Grail. Since most indexes […]
S&P 500 – “Back in Black”
By David Nelson, CFA After markets ended January in the red, February put on one of the best performances since early last year. The 4% move in the S&P is even more impressive when you consider right out of the gate we took a 300 point plunge in the Dow on the heels of weak […]
January – What Happened, Why It Happened and What We Are Doing About It!
By David Nelson, CFA January was a month most stock investors would like to forget, especially coming on the heels of 2013 where the market offered few opportunities to get in. Alpha Select outperformed this month but a 3.6% fall in the S&P has to be addressed. Let’s talk about; What happened, Why it happened […]
Central Bank to the World?
By David Nelson, CFA The emerging market sell-off in the last couple of weeks has sparked a debate as to whether the Fed should slow down or even pause their withdrawal from quantitative easing programs. Those looking for the fed to relax their stance were disappointed on Wednesday with the Fed announcing another cut back […]
