My mentor Marty Zweig is often credited with the saying, “Don’t fight the Fed.” I met Marty in 1995. Not long after that, I heard the now-famous phrase for the first time. As I’ve alluded to before, Marty believed in using quantitative systems – or “models,” as he called them. He proved that they could …
The markets are stuck in neutral right now… The S&P 500 Index is down about 6% over the past few months. And the tech-heavy Nasdaq Composite Index has slumped even worse… It’s down around 12% over the same timeframe. Bonds are in neutral territory, too. And most global stocks aren’t performing better than U.S. stocks. …
Always know which way the wind is blowing in the markets… Folks, if you don’t know that, you’re setting yourself up to fail. I worked as a mutual-fund manager for two decades before joining Chaikin Analytics. And as we discussed yesterday, I spent 18 of those years alongside Wall Street legend Marty Zweig. Importantly, Marty …
In 1995, I got a call that changed my life… A mutual-fund management company wanted to meet with me about becoming a portfolio manager. I was only 27 years old at the time. So this was a huge opportunity. That’s when I met the man who would become my mentor… He was sitting at his …
The Russia-Ukraine war is heating up… And as the situation continues, talk of Russian President Vladimir Putin using nuclear weapons is making regular folks nervous. But the thing is, the risk of a nuclear bomb going off is low… That’s because of “mutual assured destruction” (“MAD”), a foreign-policy term coined in 1962 at the height …
Sī vīs pācem, parā bellum. This Latin phrase translates to “if you want peace, prepare for war.” Politicians have followed versions of this mantra for centuries, all the way back to the Roman Empire. President Ronald Reagan famously used a version of it with the “Peace Through Strength” slogan in the 1980s during the Cold …
There’s an old joke among traders… Person A asks, “Why did the market go down?“ Person B replies with the honest answer, “There were more sellers than buyers.” You see, pundits and so-called “experts” always try to come up with some immediate “cause” for market movement. But ultimately, it’s all about buyers and sellers. With …
Inflation is at highs not seen since the early 1980s… Supermarket shelves are still empty, with no end in sight to our supply-chain woes… And behind everything, COVID-19 still looms large. These fears are starting to spread into the stock market as well… Tech stocks and small caps are officially in a “correction.” And the …
The Power Gauge Shouts ‘Buy Now’ at This ‘Smart Money’ Binge Read More »
Every investor picks a bad stock at some point… In fact, it probably happens more often than you want to admit. Even the world’s best investors do it from time to time… Just ask Warren Buffett. In reality, though, we would all love to find investing success like Buffett. And one of the biggest differences …
No matter the details, Peloton Interactive (PTON) is in big trouble… News reports last Thursday indicated that the fitness-equipment maker would temporarily halt production due to slowing demand. The stock plunged roughly 24% on the day. Almost immediately, CEO John Foley tried to do damage control… He blamed a “leaker” for the reports and called …
The Power Gauge Is All Over Peloton’s Road to Nowhere Read More »
