US large caps have had a great run from their October 12th lows, with the S&P 500 up 12.6 percent through last Friday. That’s not quite as good as the June – August move of 17.4 percent from trough to peak, but it is still better than every...
If we’ve learned one thing this year, it is that US equities are not an inflation hedge. The S&P 500 and Russell 2000 are each down 19 percent YTD, and 1-year CPI inflation is running 8 pct. Stock investors have lost more than 25 percent...
“Why are Wall Street analysts’ earnings estimates almost always too high for the upcoming year but too low for the current quarter?” I (Nick) spent 9 years as a senior equity analyst at the old First Boston (now Credit Suisse) and was on...
Excerpt from Reuters quoting DataTrek’s Jessica Rabe: …. “Gaining exposure to the U.S. market would be a plus for Canopy, but since public marijuana companies’ stocks are low-priced, “any move is amplified because...
With US equity markets deep into Q3 corporate earnings season, today we have 3 points to keep in mind as you evaluate what these datapoints signal about the future direction of stocks: #1: Always remember that the stock market looks 6 months into...
This Wednesday, October 19th, marks the 35th anniversary of the 1987 stock market crash. I (Nick) was working as a customer service representative at the old Alliance Capital (now AllianceBernstein) that day. I have, therefore, had a lot...
