Category Archives: Investment Management

August 13

Something more frightening to investors than North Korea

By David Nelson, CFA On the heels of an excellent earnings season strategists from Merrill Lynch to Goldman are discussing the disappointing price performance of stocks that beat expectations. A sell the news mentality has been the driving force as traders and algo driven machines exited positions stepping aside hoping for a better entry point. […]

August 06

Zuckerberg for President

By David Nelson, CFA Mark Zuckerberg wants your vote! After hiring democratic pollsters and a travel schedule that could take him to all 50 states, speculation mounts that Facebook’s founder and CEO is looking to join the ranks of Presidential hopefuls in 2020. That creates an interesting dilemma for the $70 Billion man. He’ll be […]

July 24

Amazon – The New Walmart

By David Nelson, CFA July 5th, 1994. Not exactly a date many would remember. Earlier that year Bill Clinton delivered his first state of the union address. Kurt Cobain, legendary singer of Nirvana commits suicide and O.J. Simpson is accused of a double murder. No, on July 5th deep in the confines of Seattle Washington […]

July 16

When Jamie Dimon talks, EVERYONE listens!

By David Nelson, CFA Banks kicked off the earning’s season Friday as JP Morgan (JPM) and Wells Fargo (WFC) reported 2nd quarter results. The headline beat from (JPM) came on the back of higher fees and lower credit costs but the shocker was a surprise lecture from CEO Jamie Dimon. Launching an all-out attack on […]

July 10

How safe is the safe haven trade?

By David Nelson, CFA Stocks ended the shortened holiday week close to the flat line while bonds and gold finished under pressure as investors rotated out of traditional safe haven assets. U.S. yields pushed higher on the heels of a better than expected jobs report coming in at 222k above consensus at 185k. U.S. 10 […]

July 03

Gekko: It’s a Zero Sum Game – Somebody wins somebody loses

By David Nelson, CFA We’ve hit the point of no return for 2017. Probably a good spot to check our compass and make sure we have enough fuel to complete the journey. With the exception of a few bumps along the way the broad indices have been relatively benign. However, trading beneath the surface has […]

June 28

Healthcare – “Life is hard, but it’s even harder when you’re stupid”

By David Nelson, CFA The Senate healthcare bill, now on hold till after the July 4th break triggers partisan rhetoric across the print and broadcast media. The challenges of an aging population and the increased drain on social backstops like Medicaid & Medicare have pushed the system to the limit and can no longer be put […]

June 26

Recession Obsession

By David Nelson, CFA I look at my watch, it’s already noon as I go through my Sunday reads getting ready for the start of trading Monday. Every week seems to have a theme and it looks like the obsession this week, is what the next recession will look like. On Friday, the Bank of […]

June 19

Facebook – There’s nothing social about social media

By David Nelson, CFA The year is 1970. The United States is in the middle of an unpopular war, Kent State is fresh in our minds, Janis Joplin is found dead from a heroin overdose and U.S. markets are entering a decade that financial professionals still with us would like to forget. …Evolution, revolution, gun […]

June 09

Trump to Privatize Air Traffic Control – Bring It On!

By David Nelson, CFA I’m at 33,000 feet aboard Jet Blue’s flight from JFK to Albuquerque New Mexico. After sitting on the taxi way number 26 for take-off and a 90 minute delay I thought the timing was perfect to put together some talking points regarding the President’s proposal to move Air Traffic Control from […]