Friends,
Often, Life is about Perspective - which is why the phrase, "Glass Half Full" exists. Is Data giving us Good News or Bad? Sometimes it depends on your perspective. Since 12% of the Economy's GDP (think of GDP as money flowing through the Economy) is generated in the Housing Sector from the purchase / sale of a New or Existing Home and all of the ancillary purchases (i.e. – spending) created by the purchase, this sector is the 2nd most important indicator when gauging the Health of the Economy and ultimately...The Market.
Let’s just say, we’re leaning toward the negative perspective in our view of the Glass these days… Robert

Friends,
Like the proverbial Canary In the Coal Mine, Retailers are our Canary when it comes to warning us about the Consumer. Since 75% of our Economy is driven by Consumer spending, we listen and what they are saying doesn't paint a positive picture of the Economy and ultimately...The Market.

Robert

Friends,
There is no economic data to support this rebound. It's driven by traders looking for bargains among the recent carnage.
So what?
Enjoy the selling reprieve while it lasts...
Robert

Friends,
On 10 May, I explained that The Market would continue its downward spiral. Today I’m going to address the 3%+ drop in The Market, what will need to happen to turn this around, just how much further The Market may fall & why you should believe in Santa.
(Hint - Because Christmas is coming early this year!)
Robert 🎄

Friends,
On Wednesday, April's Consumer Price Index (CPI) report will be issued and I believe it will be slightly lower than last month. This slightly lower number will be taken as a sign that inflation has reached the summit and is now starting down the mountain. Lower numbers will also be promoted as support for Powel & Co's (Federal Reserve) narrative that inflation in transitory, now waning and only .50 basis point increases are required. This may be all the Market needs to rally and you may see a run up in the S&P 500 to 4150 - 4200 / even 4300!

I'm not buying it and believe the Market has another drop in store for us. We'll See.

Make it a Great Day.

Your Cynical Optimist,
Robert

Friends,
On Wednesday, after the FOMC Meeting, the Market headed North. On Thursday, It headed South and is currently approaching the Earth's Molten Core on its way to China.
In this audio, I'm answering 4 Questions: Why Have Stocks Dropped to the March Lows, What's Holding Up Best, What Makes This Stop, and How Bad Can It Get? Plus a Bonus Answer - How Are We Protecting Ourselves and/or Taking Advantage of this?

Cynically Optimistically Yours,
Robert

Friends,
On Wednesday, after 18 frustrating months, I set our position in JETS (the Airline Index) free. In this brief audio, I explain why but that we still have exposure to the airline sector in our broad Transport Index.
Robert

Friends,
This will only take a few minutes but, given the current environment, well worth the time to review the effects of interest rates on Technology Stock valuations and the direct influence Technology Stocks have on the Rise & Fall of the S&P 500.
Robert

Last week the Market took a trip South. Let’s look at the cause, the effect it had on our investments and what a 3% 10 year Treasury Yield could trigger.

Financial headlines today are making a big deal of the 5 year/10 year Treasury Yield inversion and the Bone Throwing ability it has for predicting a looming Recession

Seems like a good opportunity to have a class on Treasury Yield Curve Inversions as Recession Indicators