Tag Archives: SPY

April 10

Market Assassins

By David Nelson, CFA Investor concern has been rising and reflected in the sideways price action over the last several weeks. We’ve rounded up the usual suspects including valuation, politics, military action and the Fed as potential assassins to a bull market now entering its 9th year. Before we break out the cyanide capsules it’s […]

March 23

Canaries in the Coal Mine

By David Nelson, CFA “The canary in the coal mine is always the first to go.” For more than a century miners carried them in small cages deep into the mine as an early warning detection system for poisonous gas or carbon dioxide. The first sign of distress in the cage sent the men back […]

March 13

Reality Bites! – The End of the Trump Rally?

By David Nelson, CFA U.S. markets struggled last week closing modestly lower after several weeks of gains. Perhaps it was the exhaustion gap higher following the President’s speech or the building reality that there’s a disconnect between investor perception and the actual timeline of administration proposals. The President has said they are committed to a […]

February 19

I’m getting worried because I’m running out of things to worry about

By David Nelson, CFA “Markets climb a wall of worry.” It’s a phrase used to describe market rallies in the face of rising investor concern. Wall Street and the media have hundreds of these phrases to put into a few words complex interrelationships that ask the near impossible of investors. Make a binary decision based […]

January 09

Where are the bears?

By David Nelson, CFA The battle between Bulls & Bears was raging long before the Buttonwood Agreement was signed by 24 brokers in 1792 looking to establish a commission rate to charge clients. Some consider the event the early beginnings of the New York Stock Exchange. Most investors know the long term prevailing trend for […]

November 20

What CEOs will do with the cash – You’re not going to like it

By David Nelson, CFA While it may feel like the Trump Rally has exploded out of control we’re still at levels we’ve been flirting with since the dog days of summer. The S&P 500 (SPY) is up a little less than 2% from Election Day. The real story has been the rotation in and out […]

November 14

In a New York Minute

By David Nelson, CFA In a New York Minute Everything can change – Don Henley Don Henley’s lyrics from his popular hit song New York Minute sum up a volatile week that pushed some trades back in the green while others were thrown out in the trash. Donald Trump’s victory election night stunned the world […]

November 06

SPY: The other side of Armageddon

By David Nelson With angst over the election rising its not surprising markets have struggled for the last several weeks. Friday’s close slightly in the red gave us 9 straight days to the downside an event not seen since 1980. The media blitz adds to the drama painting Tuesday as an apocalyptic event. While it’s […]

September 25

I’ve good news & bad news for investors – Which do you want first?

By David Nelson, CFA I’ve got some good news and bad news. The good news is: stocks, bonds and gold exhibited high positive correlation last week all moving higher giving most investors something to cheer about after a rough start to the month. The bad news is: stocks, bonds and gold exhibited high positive correlation […]

August 07

Consumer Staples, Utilities & Bonds – Is it Safe?

By David Nelson, CFA U.S. Stocks have paid off handsomely over the last 5 years but it’s been the perceived safe haven trade that has captured the hearts and minds of investors. Utilities (XLU), Telecoms (XTL), Consumer Staples (XLP), Treasuries (TLT) and all manner of fixed income have been the go to investments especially for […]