By Lance Roberts As the Fed started to talk about “taper,” the “bulls” sent a stern warning with a 2% “crash” they shouldn’t. After a couple of weeks of several Fed speakers discussing the need to reduce monetary accommodation, a quick sell-off brought had …
by Lance Roberts “Pet Rocks” first appeared in the mid-70s as a novelty item. Just recently, digital NFT’s of “pet rocks” sold for over $100,000. To wit: “Rarely do they create waves for investing in something as dead as a rock. Well, they do …
Doctor speaking about the covid situation. Really great, short but informative video. References from vid https://www.facebook.com/HancockCountyPatriots/videos/doctor-addresses-school-board-over-futility-of-mask-mandates-and-covid-19-protoc/1272909066477287/?extid=SEO—- Still on FB https://www.facebook.com/watch/?extid=SEO—-&v=1272909066477287 h/t FleshPanda
https://twitter.com/husserl80/status/1413098091062992897
"If US national security was left up to corporate America, we'll all be speaking Chinese very quickly," says @Jkylebass on American corporations doing business in China. "They are social justice warriors where they see fit until it affects their wallet." …
by Lance Roberts Bull markets always seem to end the same – slowly at first, then all at once. My recent discussion on why March 2020 was a “correction” and not a “bear market” sparked much debate over the somewhat arbitrary 20% …
by Lance Roberts A recent Bloomberg article made the case that since 2009 “sell signals” are useless during “mania” markets. To wit: “If you bailed because of Bollinger Bands, ran away from relative strength or took direction from the directional market indicator in 2021, you …
In early 2019, Ta-Nehisi Coates delivered the inaugural “Distinguished Diversity Lecture” at the Ohio State University. Coates’s hourlong engagement, which included a reading, a moderated conversation, and an audience Q&A, cost OSU $41,500. The price tag included first-class airfare, a per …
by Lance Roberts “I take my hat off that you are able to continue picking up pennies in front of a steamroller. Reading your newsletter, I scratch my head in amazement at your ability to increase your exposures in a market …
by Lance Roberts “I take my hat off that you are able to continue picking up pennies in front of a steamroller. Reading your newsletter, I scratch my head in amazement at your ability to increase your exposures in a …
by Lance Roberts “If everyone sees it, is it still a bubble?” That was a great question I got over the weekend. As a “contrarian” investor, it is usually when “everyone” is talking about an event; it doesn’t happen. As Mark Hulbert noted recently, “everyone” is worrying about a “bubble” in …
by Lance Roberts One of the interesting aspects of “bull markets” is the further they go, the lower forward returns fall. In hindsight, such an idea seems counter-intuitive, but ultimately it always comes down to valuations. As Warren Buffett once quipped: “Price is what …
by Lance Roberts As markets surge to record highs, analysts are rushing to ratchet up earnings estimates as optimism explodes. “The first quarter of 2021 marked the largest increase in the bottom-up EPS estimate during a quarter since FactSet began …
by Lance Roberts Despite the recent correction in the markets, leading to a hedge fund imploding, investors remain exuberant. The hopes for more stimulus, government spending, and Fed liquidity displace fears of a correction. Before we get into the technical …
by Lance Roberts The end of the value trade may be near as investors push prices beyond economic growth expectations. Interestingly, it was just last year that I wrote: “The Rotation To Value Is Inevitable.” The critical point of that article was …
A ‘Group of Friends’ including Russia, China and a host of others have united to call out America’s decades-long disregard for the core founding principle of the United Nations: maintaining international peace and security. The United Nations was created after …
by Lance Roberts Yes. We are in a stock market bubble. But what if conventional methods of examining market cycles miss a crucial point? While we often talk about parts of cycles (bull or bear), exploring the full-market cycle may provide another way to …
by Jesse “We cannot speak to the conscience of the world when our own conscience is asleep.” Carl von Ossietzky “Only one who spent the years following the First World War in Germany can fully understand how hard a battle …
by Lance Roberts With the fourth quarter of 2018 reporting season now behind us, we can take a look at what happened with earnings to see what’s real, what’s not, and what it will mean for the markets going forward. …
by Lance Roberts Do You Really Want To Be Out? That was a comment made several times last week with respect to the markets stellar first quarter performance. “The S&P 500 is on track for its best quarter in a …
by Lance Roberts I recently received the following email: “Are we going to hit new highs you think, or is this a setup for the real correction?” The answer is “yes” to both parts. Thank you for reading. See you next week. …
by Lance Roberts A Different Way To Look At Market Cycles In this past weekend’s newsletter we noted the issues of similarities between the current market environment and previous market peaks in the past. To wit: “It isn’t just the economy that …
by Lance Roberts In this past weekend’s newsletter we stated: “This short-term oversold condition, and holding of minor support, does set the market up for a bounce next week which could get the market back above the 200-dma. The challenge, at least …
by Lance Roberts With the month of February now officially in the books, we can take a look at our long-term monthly indicators to see what they are telling us now. Is the bull market back? That’s the answer we …
by Lance Roberts The market is downright bullish. There is little reason to argue the point given the bullish trend since the December 24th lows. Of course, such is not surprising given the Fed’s dovish turn from tightening monetary policy to …
by Lance Roberts With the markets closed yesterday, it gives us a chance to review the short, intermediate, and long-term signals the markets are currently sending. Brett Arends recently wrote an excellent piece for MarketWatch with respect to investors feeling …
by TFittonJW In our latest Judicial Watch Update: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-general-counsel-talked-to-hillary-clintons-lawyer-about-comeys-letter-on-weiner-laptop-clinton-emails/ (Washington, DC) – Judicial Watch announced today it received 215 pages of records from the U.S. Department of Justice revealing former FBI General Counsel James Baker discussed the investigation of Clinton-related emails on …
by Lance Roberts On December 25th, I penned “My Christmas Wish” where in I stated that is was “now or never” for the bulls to make a stand. “If we take a look back at the markets over the last 20-years, we find that …
by Lance Roberts As we discussed in this past weekend’s missive: “A WSJ article suggesting that the Fed would not only stop hiking interest rates but also cease the balance sheet reduction which has been extracting liquidity from the market. In mid-2018, the …