Markets are Crazy, and Crazy Doesn’t Quit

Posted on September 27, 2022

    This Update focuses on how various Markets discount information, as well as current investor sentiment and what that might imply in the short-term.  We also discuss portfolio management strategy. The last few weeks have been all negative for the...

    The Markets in the Short-Term and the Plan in the Long-Term

    Posted on September 19, 2022

      Right now, the average investor’s appetite for risk appears to be low.  According to Canterbury’s risk-adjusted rankings, the top two sectors are Utilities and Energy (which combine for 7.7% of the S&P 500’s market cap), while the bottom two sectors...

      Market Rallies, Sector Leadership, and Currencies

      Posted on September 12, 2022

        The title of last week’s update was “Markets will Fluctuate, That is a Fact.”  Heading into last week, the S&P 500 had fluctuated down, to the tune of about -9% from the mid-August peak.  This move had occurred over 15 trading days.  Last...

        Markets Will Fluctuate, That is a Fact

        Posted on September 06, 2022

          Markets will fluctuate, that is a fact.  Different market environments will experience different levels of fluctuations, called volatility.  In a low volatility bull market, you are more likely to experience marginal fluctuations that might...

          Market Retreats on Lower Volume

          Posted on August 29, 2022

            The S&P 500 declined -3.37% on Friday.  After a +17% rally from the index’s low point in June, through mid-August, volatility reared its ugly head and brought the total number of outlier days (a trading day beyond +/-1.5%) in 2022 to 52, out of 164...