The Money Runner
2014 Yearbook
Alpha Select – December 2014 Update *Alpha Select – December (-1.15%) YTD +13.19% * Net of Fees David Nelson, CFA After a rough start, a series of geopolitical events shaking investor confidence and a disappointing final trading day, 2014 added a 6th year to the bull market that began in 2009. Alpha Select enjoyed another strong year […]
2015 Bull Market – It’s Different This Time
By David Nelson, CFA Every year, around this time strategists put together projections taking a bull or bear stance as the sound of the first opening bell rings in 2015. After a 6 year run, a PE multiple marching steadily higher, a wave of buybacks that can’t last and a Fed heading to the exit, […]
The New New Line in the Sand – Follow-Up
By David Nelson, CFA From the start of the decline to the present talking heads including yours truly have been drawing an endless series of chart trend lines searching for one that supports an extension of the bull thesis. I started off a couple of weeks ago with the 120 moving average which lasted only […]
3 Sectors Needed to Turn the Market
Earlier this morning I sat down with Yahoo Finance Anchor Aaron Task to talk about the market and what it will take to put in a bottom.
Climbing the Wall of Worry – Alpha Select Update for March 2014
By David Nelson, CFA Investors certainly climbed the Wall of Worry this month shrugging off a Russian invasion, China’s Debt Bubble and a Fed Head who stumbled in her debut performance before the press. Despite these concerns markets sit just shy of all-time highs. My post over the weekend, The Worm Has Turned talked about the […]
Good News – Rates Going Higher!
By David Nelson, CFA Let me go right to the heart of it. If you’re invested in equities because you believe the Fed isn’t going to raise rates until 2016, then you should dump stocks right now. The normalization of interest rates has never been a question of IF but WHEN. In less than 24 […]
