Apple’s (AAPL) commentary on the global macro environment has certainly spooked tech investors, with the stock down 6.4% as I write, placing the stock down 30% from its all time highs made in April and …
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We had a hunch 2016 could get off to a rocky start. With the way stocks creeped higher into year end 2015, shaking off headwinds left and right, we thought it wise to detail some …
Continue readingHeading into the Christmas Holiday week we detailed some portfolio hedge ideas we thought made sense given the uncertainty surrounding the start of 2016 and sell offs we have seen in each of the last …
Continue readingFor months now it has been our view that the Russell 2000’s weak relative performance has made the etf on the small cap index, the IWM, one of the best equity portfolio hedging vehicles, at …
Continue readingAs I write the S&P 500 is down about 40 basis points on the year. A year that saw a bubble inflate and pop in Chinese stocks, the long waited reflation of the U.S. dollar, …
Continue readingIn mid October we entered a bearish trade in IWM, the Russell 2000 etf. Our main reason for targeting IWM was its relative weakness and the technical set-up which looked atrocious. Here was the trade …
Continue readingThis morning’s WSJ Moneybeat column had a headline I just had to dig into; Buyback Binge Looms for Stocks. First let’s start with that word, Looms: Nearly 25% of all annual buyback activity happens, on …
Continue readingSeptember quarter results reported by Amazon (AMZN), Google (GOOGL) and Microsoft (MSFT) on Thursday saw the first two stocks gap to new all time highs, and the latter to a 15 year (!) high on …
Continue readingOn Tuesday night, I had the pleasure of speaking on a panel hosted by Fidelity, attended by some of their high net worth brokerage clients and large investment advisers. While the intent of the panel …
Continue readingOn a couple of occasions this past week I have hit on the poor relative strength from the June highs to the August lows of small cap stocks measured by the Russell 2000 (for our …
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