Wednesday, December 8, 2021

Morning Note: The Everyday Investor Remains All In on Stocks!

In their market-wrapping commentary yesterday the folks at Bespoke Investment Group found themselves a bit perplexed over yesterday's action in the stock market.

They pointed to notably bad news coming from the first study on vaccine effectiveness versus the Omicron variant:

Tuesday, December 7, 2021

Morning Note: What Probabilities Favor in the Years to Come --And-- Beware the Crowd!

On several occasions herein we've illustrated what we believe to be the go-forward (long-term) unsustainable outperformance US equities have enjoyed over the rest of the world this past decade.

Monday, December 6, 2021

PWA Year-End Letter: Part 1, Smart-Investing Metaphors

As has become our custom in recent years, we'll devote the beginning of our 2021 year-end message to a metaphorical look at how we view what we do.  

Morning Note: Soft News is Good News

In yesterday's video commentary I pointed to a technically constructive immediate-term setup for US stocks.

Looks like, at least at the start this morning, it's playing out as the charts suggested. 

Sunday, December 5, 2021

Technical Analysis Updates: The very near-term setup looks decent for US stocks, intermediate-term not so much -- And -- Silver, Gold, Japan and General Equity Market Conditions (video)

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:


Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

Saturday, December 4, 2021

Macro Update: Consumers Are Spending While They Got It, Low Recession Risk -- And -- The Reflexive Risk of Equity Markets (video)

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:
   

Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.