Excerpt from Bloomberg quoting DataTrek’s Nick Colas: …. “DataTrek Research notes that the biggest losers in the S&P 500 in 2018 were up about 9.5 percent this year through Friday, compared with the benchmark’s 3.6 percent…
Day: January 14, 2019
CNBC: "Stocks fall on concern about poor earnings"
Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “However, DataTrek Research co-founder Nicholas Colas is not sold the market is out of the woods yet. “We are chalking up the S&P 500’s YTD gain of 3.6%…
Yahoo Finance: "Investors are exploiting a murky tax maneuver the IRS has yet to tackle"
Excerpt from Yahoo Finance quoting DataTrek Research: …. “In lieu of meaningful guidance, many advisory firms seem to have found a clever loophole: buy someone else’s version of an index fund or ETF, or go ETF…
Was December Just A Bad Dream?
During last month’s US equity market meltdown we proposed that tax loss selling was responsible for an outsized part of the rout. Here was our argument: In October/November 2018 investors sold…