Category Archives: Investment Management

March 04

Trade War – What if your opponent doesn’t blink?

By David Nelson, CFA Two torpedoes slammed into the side of the U.S.S. Market last week. The first was launched by Fed Chair Powell during his inaugural testimony in front of the House Financial Services committee. Traders were quick to translate his remarks into a more aggressive Fed likely to push through 4 rate hikes […]

March 01

Powell Hints 4 Hikes – I Say 3 – Here’s Why

By David Nelson, CFA In a stunning comeback after more than a year of hibernation volatility returned to markets as February ended a 10 month winning streak reminding investors stocks don’t move in just one direction. There’s a lot of data we can point to as the catalyst but #1 with a bullet has to […]

February 05

Everyone has a plan until they get punched in the mouth

Mike Tyson – “Everyone has plan until they get punched in the mouth” By David Nelson, CFA A punch square in the jaw from Mike Tyson is probably how most traders felt when they rang the closing bell Friday. Down at the open after a better than expected jobs number, good news became bad news […]

January 29

As good as it gets?

By David Nelson, CFA No other way to put it. A monster week for stocks and as the media points out, the best start for the market since 1987. Before we all take a stress pill it’s important to note that despite the crash, 1987 was an up year. 9 trading days into the month […]

January 22


By David Nelson, CFA Equity markets pushed higher last week despite the prospects of a government shutdown on Friday. Right on cue the Elephants and the Donkeys failed in their mandate as the Washington Circus came to a screeching halt. It’s unlikely it will last for any length of time but with each day that […]

January 16

2018 Bull Market – This goes way beyond tax reform!

By David Nelson, CFA Just 9 trading days into the year 2018 is one of the best starts I’ve seen in my career. I’m sure everyone is getting out their Trader’s Almanac but for now let’s just agree it’s been good. Of course, the next question is how long will the good times roll? 2017 was obviously […]

January 01

The Biggest Risk for 2018 – China!

By David Nelson, CFA Coming into 2017 I doubt many including yours truly thought the Dow would end the year close to 25,000. The good news wasn’t restricted to just the America’s as most of the developed world delivered strong returns as well. Even emerging markets after a near decade long slump knocked it out […]

December 11

2018 Stock Market Predictions

By David Nelson, CFA Sentiment coming into 2017 was mixed, mostly divided around political affiliation. Those in support of change pointed to aggressive growth expectations on the heels of tax reform and deregulation. On the other side, economists like Nobel Laureate Paul Krugman believed expecting anything approaching 3-3.5% GDP was little more than economic arrogance. […]

November 20

Investing is about making choices – The only bad decision is not making one

David Nelson, CFA With just 28 trading days left for 2017, investors have a lot to be thankful for this holiday season. Large caps were the standout performer year to date but Mid-Cap and even Small-Caps held their own despite a slow start and a summer scare. Thanksgiving launches what is usually a seasonally strong […]

November 12

Wall Street’s dirty little secret

By David Nelson, CFA Let’s start by stating the obvious. Avoiding taxes is the national pastime. Since the dawn of organized society special interest groups have employed petitioners to lobby for better treatment under the tax code. I’m sure even in the days of Egyptian Pharaohs there was a cottage industry helping some avoid taxes […]