Investment Advisors Make An Appointment Happy Thanksgiving Happy Thanksgiving to you and your family. We all have much to be thankful for. Twenty-one months after COVID-19 led to lockdowns across the United States, vaccines are now widely available. Additionally,...
The ‘Seemingly’ Unstoppable Bull Market
The ValueAligned Model Portfolio ("VAP") is up +15.8% for 2021 as of Wednesday, September 8th. The S&P 500 Index is up +21.4%. Please see the disclosures at the end of this letter or on our website www.valuealigned.com. We lowered our exposure to stocks in...
-14% Corrections Happens Every Year
Wall Street has the Mondays today. The Dow Jones Industrials Average (DJIA), the stock market, was down over 600 points, or -1.8%, as investors worry about the unfolding real estate situation in China.The Chinese real estate company Evergrande is on the verge of...
Four Reasons The Future Looks Bright For The Bulls
“I look to the future because that’s where I’m going to spend the rest of my life.” —George Burns The stock market is now up more than 11% in 2021, but we could have a normal 15% or so drop at anytime. Here are four bullish statistics that Ryan Detrick, chief market...
Dumb Money Back to Confident and Fear Missing Out
Be careful out there. Risk is rising as the DUMB money is on the loose. Jason Goepfert's blog, Sentimentrader.com, keeps you up to date on how confident DUMB and SMART money are at a given moment. When DUMB money is relatively confident, measured as the red line below...
Lemmings Take the Plunge Even as Stocks Make New Highs
Investors escape from stock funds in favor of bond funds this past spring. “More than $38 billion of investor assets flowed out of equity long-term funds and ETFs in the five weeks between April 18 and May 22 [per the ICI], while nearly $33 billion flowed into...
EATING OUT EXCEEDS EATING IN FOR THE THIRD MONTH IN A ROW
EATING OUT EXCEEDS EATING IN FOR THE THIRD MONTH IN A ROW Based on today's Census Bureau report on April retail sales, consumer spending at "Food Services and Drinking Places" (restaurants and bars, see red line) was greater than grocery store sales (blue line) in...
The Latest Giant Sucking Sound – US Stops Subsidizing Global Growth
The US stock market outperforms the rest of the world as the US begins removing subsidies. Forever, it seems, our macroeconomists and high-level policy experts have explained that the "free trade" deals they and their acolytes negotiated would promote economic...
The Flood of Money Into Passive ETFs, Mutual Funds Has Slowed
Lifetime returns are mostly about investor behavior. Save while you are working, invest in stocks of great companies and don't sell in a panic or buy at the top. “Passive investment is now growth-tilted, momentum chasing, biased toward popular-weighted...
Dr. Ed’s Blog: High Noise-to-Signal Ratio In Stock Market
THANKS TO TAX CUTS High Noise-to-Signal Ratio In Stock MarketThe 10-year US Treasury bond yield edged up above 3.00% yesterday. This widely feared level didn’t faze the S&P 500, which rose 1.0% on Wednesday to 2697.79. Rising oil prices, in response to Trump’s...