Marketmail

Off to a Strong Start

Week of April 8, 2019

I keep expecting a correction, but I’m not complaining! We remain in a ‘Goldilocks’ economy of low inflation, slow but positive growth, and lower long-term interest rates (2.50% on the 10-year Treasury bonds vs. 3.24% five months ago), so well-selected stocks remain the best place for our money.

We’re Off to a Strong Start in April by Louis Navellier April 9, 2019 April is seasonally the third strongest month of the year, thanks in part to new pension contributions in conjunction with the April 15 tax deadline. The S&P 500 began April

with a 1.15% gain on Monday and a 2.06% gain for the first week of April. Our friends at Bespoke Investment Group pointed out that when the S&P 500 rises at least 1% on the first trading day in April, historically the S&P 500 has risen by an… Read More

Good Stocks Keep Rising

Week of April 1, 2019

The evidence is clear that today’s market is getting much more selective, due largely to the anticipation of a rapid deceleration in corporate earnings for the next two or three quarters, so this is the time in a recovery cycle when we try to be super-selective in our stock portfolio selections.

Despite Wall Street’s “Scare of the Week,” Good Stocks Keep Rising by Louis Navellier April 2, 2019 A slightly-inverted yield curve continues to spook investors, but our friends at Bespoke Investment Group documented the fact that during the previous

six yield curve inversions, the S&P 500 rose by an average 1.75%, 6.16%, and 8.13% over the next month, three months, and year, respectively. Even more dramatic, after the last four times the yield curve first inverted, the S&P averaged… Read More

Watch Out for “Window Dressing”

Week of March 25, 2019

I fully expect to be holding 30% fewer stock names in the upcoming months as the market’s breadth and power decay after the 2019 pension funding season draws to a close and the first-quarter announcement season commences. Essentially, we are now entering a ‘funnel,’ which should cause more money to flow into stocks that post strong sales and earnings.

Watch Out for Quarter-Ending “Window Dressing” This Week by Louis Navellier March 26, 2019 We’re closing out a wonderful quarter this week, but, as last Friday’s action demonstrated, we must watch out for any quarter-ending “window dressing” this week,

as well as 90-day smart Beta ETF rebalancing. The catalyst for the Friday sell-off was the U.S. Treasury yield curve inverting on Friday, as the 10-year U.S. Treasury bond yield declined to 2.44%, while the 1-month Treasury yield remained… Read More

Investment in equity strategies involves substantial risk and has the potential for partial or complete loss of funds invested. These commentaries are for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of a security. Please read important disclosures at the end of each Marketmail.