By David Nelson, CFA, CMT Stocks have made a dramatic recovery since the Christmas Eve low. The recent price action pushing shares up close to 20% begs the question; is there enough fuel to extend the rally? Friday’s volume was well above normal and last week’s strong performance led by Technology comes on the heels […]
Category Archives: Investment Management
March
04
Knocking on Heaven’s Door
posted by David Nelson, CFA
By David Nelson, CFA The chart says it all. You can’t get any closer to the resistance line of the S&P 500 without crossing it. For several days, stocks have been threatening to break into the promised land but to date have failed to cross the border. A successful breach doesn’t mean we’re off to […]
February
09
BEZOS TO NEW YORK – “It’s not personal…it’s strictly business”
posted by David Nelson, CFA
By David Nelson, CFA After waves of protests Amazon (AMZN) executives are re-evaluating plans to put a campus in New York City. The original plan called for 25,000 jobs in Long Island City and an investment of about $2.5 Billion. Political opponents of the plan have forced a sudden change of heart among company executives. […]
February
04
State of the Market
posted by David Nelson, CFA
By David Nelson, CFA With the President’s State of the Union scheduled for Tuesday now seems like a good time to discuss the State of the Market. January was certainly a great way to kick off the year especially on the heels of December, a month most of us would like to forget. Talking points […]
January
27
Heads I win, tails you lose
posted by David Nelson, CFA
By David Nelson, CFA On the heels of a year most investors would like to forget the first Q4 earnings reports are in with some interesting observations. The most surprising data point this season is the following: Investors are rewarding both positive and negative earnings surprises with higher prices. FactSet data shows companies coming in […]
January
13
D-Day – The Earnings Battle
posted by David Nelson, CFA
By David Nelson, CFA Market historians will look back at the final months of 2018 and chronicle a war that started perhaps as early as January 30th, 2018. Interestingly, Apple (AAPL) like today was at the heart of concerns. The Wall Street Journal reported the company had reduced plans for its flagship iPhone X from […]
January
07
The WALL is Here
posted by David Nelson, CFA
By David Nelson, CFA President Trump said the “Wall is Coming” but for investors it’s already here. The Wall of Worry always looms large and this time around there’s no shortage of data and or rhetoric to stoke those fears. Ending the first few days of 2019 in the green was two steps this side […]
January
01
2019 – Elephants in the Room
posted by David Nelson, CFA
By David Nelson, CFA On the heels of a wild and very dangerous December investors are wondering if this is what we can expect in 2019 or is the worst over and we start rebuilding from here? The final trading days of the month gave investors some relief and while we welcome the rally, there’s […]
December
17
Who Blinked?
posted by David Nelson, CFA
David Nelson, CFA While it’s only been about 2 months since the last market all-time high signs of stress have been building for the better part of the year. Admittedly the analysis gets a lot easier when you’re looking in the rear-view mirror but make no mistake, there’s been a series rolling corrections with both Wall […]
December
09
Elvis has left the building
posted by David Nelson, CFA
David Nelson, CFA Elvis fans know the phrase all too well. Hoping for an encore, many would linger long after the concert while announcers gave them the the bad news. Elvis has left the building. Crashing out of the arena Elvis would be whisked away into a fleet of limos with a police escort […]
