Tag Archives: earnings

Why I sold half of everything!

I realize that I haven’t published in a very long time (although I’ve done a few articles in the recent past on seekingalpha.com).  There hasn’t really been much to talk about.  Global government stimulus has heretofore  put a floor on … Continue reading

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The roller-coaster stock market.

The market continues to behave like a roller-coaster.  But will this ride ever end?  In the past, the ups and downs of stock prices have always mirrored the ups and downs in earnings, but this relationship seems to have broken … Continue reading

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Corporate Bonds not out of the woods yet!

We’ve watched a bit of a bear market rally in stocks, but also saw the same short term narrowing of corporate bond spreads (the difference between the yield offered by corporate bonds versus the virtually risk-free government bonds or treasuries).  … Continue reading

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Why the S&P 500 should fall another 10% to 20%.

The risk of being so right in one’s projections (I called this meltdown months ago) is you begin to second guess yourself – maybe now I should turn bullish? The recent rally (which I covered in my “It’s a Trap” … Continue reading

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Bear Market Over? Or “It’s a Trap!”

If you think a few good days in the stock market signals the end of the big bad BEAR, then watch this video. I’ve suggested in prior articles that there’s the potential for much more downside, especially as data (months, … Continue reading

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Cannabis stocks getting high!

Seems there’s been a run on marijuana as folks stuck at home look for some relief: Shares in most of the big cannabis companies are up sharply this week following reports of a spike in demand as consumers attempt to … Continue reading

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S&P 500 closes below my -35% target

The index blew through my original target (from early February) of 2600 – which I determined prior to the global lock-down meant to contain the novel coronavirus.  It was based on an average P/E of 15 times no growth in … Continue reading

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I was the bearer of bad stock market news early on – now here’s some more.

My original estimate (February 3rd) was simply a P/E multiple for the S&P 500 of 20X zero growth in 2020 of earnings. I expected the coronavirus to have a devastating impact on the global economy (oil prices, supply chains etc.) … Continue reading

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Despite Relief Rallies, Markets headed lower.

On Feb. 26th, I published my ‘revised’ downside for the S&P 500 of 17%. Well, watching CNBC I discover major indexes are now down 17%. I am patting myself on the back, but am hardly ecstatic. So is it all … Continue reading

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Beware the ‘dead cat bounce!’ Again!

A dead cat bounce is a temporary recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. Another less morbid expression we’re hearing on occasion is ‘relief rally.’ Despite … Continue reading

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