Author: Mike Shell
-
My 2 Cents on the Dollar, Continued…
In My 2 Cents on the Dollar I explained how the U.S. Dollar is a significant driver of returns of other markets. For example, when the U.S. Dollar is rising, commodities like gold, oil, and foreign… Read More
-
What About the Stock Market Has Changed? A Look at Ten Years of Volatility
When asked to sum the Buddha’s teachings up in one phrase, Suzuki Roshi simply said, “Everything changes.” The universe is transient, in a constant state of flux. This impermanence, that things are constantly changing and… Read More
-
Why So Stock Market Focused?
Most investors and their advisors seem to speak mostly about the stock market. When they mention “the market” and I ask “what market?” they always reply “the stock market”. Why so stock market centric? It… Read More
-
Stage and Valuation of the U.S. Stock Market
In The REAL Length of the Average Bull Market last year I pointed out different measures used to determine the average length of a bull market. Based on that, whether you believe the average bull market… Read More
-
Bonds: The Final Bubble Frontier?
No where to turn? This time, it isn’t just that the U.S. stock indexes are very aged in one of the longest bull markets in history and trading in bubble territory at 27 times EPS.… Read More
-
My 2 Cents on the Dollar
The U.S. Dollar ($USD) has gained about 20% in less than a year. We observe it first in the weekly below. The U.S. Dollar is a significant driver of returns of other markets. For example,… Read More
-
Conflicted News
This is a great example of conflicted news. Which news headline is driving down stock prices today? Below is a snapshot from Google Finance:: Trying to make decisions based on news seems a very conflicted… Read More
-
Improvise, Adapt and Overcome
Over the years I’ve heard many sports analogies applied to trading and investment management like “playing offense vs. defense”. Some of them can be useful to help make a point. However, Marine Corps combat training… Read More
-
Asymmetric Returns of World Markets YTD
As of today, global stock, bond, commodity markets are generating asymmetric returns year to date. The graph below illustrates the asymmetry is negative for those who need these markets to go “up”. source: http://finviz.com Read More