S&P 500 2972 +0.6% for the week 10-year Treasury yield 0.71% Stock market volatility continued last week as bond yields plunged to record lows. Stocks initially bounced higher from the extremely oversold condition they had reached at the end of February, but gave back their gains …
Global equity markets plunged today (Monday, February 24, 2020), as news emerged over the weekend that the coronavirus is spreading rapidly around the world, most notably to countries such as Italy and South Korea, potentially creating a global pandemic. The EAFE index (EFA) of foreign stocks fell by 4.0%, while the U.S. market dropped by …
Based on a review of data for sectors, industry groups and stocks, we are constructing a model portfolio which provides more detail beyond the list shown in the blog post entitled “Current Stock Picks 1-28-20.” First, the goal of the portfolio is to outperform the S&P 500, so it is important to note that the …
The previous blog post discussed all the latest political developments and economic data that have been affecting the market. Keeping up with such news is an important part of market strategy. However it is also important to analyze what is going on beneath the surface of the market, with regard to sectors, industry groups and …
Market Summary — Week ending Friday 2/7/20 S&P 500 3328 +3.2% for the week 10-year Treasury yield 1.58% Global Macro News Political President Trump’s State of the Union speech was viewed as successful, highlighting the strength of the economy. The Senate impeachment trial came to an end as the President was acquitted. Gallup polls …
These comments will follow up on the previous blog post, which mentioned identifying stocks in selected industry groups. To reiterate, my work combining technical and fundamental analysis shows that certain industry groups are currently the most attractive areas of the market, and we believe that portfolios should be overweighted in these areas. The following list …
Note: the previous blog post (Market Outlook 2020) discussed the major political, geopolitical and economic issues currently influencing the market. Instead of reiterating these topics, this comment will go directly to a discussion of market conditions and sectors. Market Strategy Review Note: the following summary covers the current status of the U.S. stock market, by …
Note: this entire blog was started in January 2020. This initial post contains general comments on the 2020 market outlook. More detailed market commentary will be posted in the weeks ahead. For additional information, please see the various articles on investment strategy posted under the headings across the top menu of the blog: The “Investment …