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Energy ETFs

2020 Election: More Than Another Brick In The Wall Of Worry

By | Bond ETFs, Consumer ETFs, Current Affairs and ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Global ETFs, Large Cap ETFs, Popular Posts, Real Estate ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

Near the bottom of the 2008 financial collapse, many investors convinced themselves that Barack Obama’s left-leaning ideology would only make things worse for the stock market. They were wrong. Indeed, those folks missed a remarkable opportunity to acquire equities at phenomenal bargains. Leading into the 2016 election, plenty of people believed that Donald Trump’s unpredictable nature and tempestuous style would result in a stock market disaster. They were wrong too. Wall Street quickly warmed up to the prospect for dramatic…

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This Is Your Market. This Is Your Market On Drugs. Any Questions?

By | Asia ETFs, Bond ETFs, Consumer ETFs, Current Affairs and ETFs, Dividend ETFs, Emerging Market ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Financial ETFs, Global ETFs, Industrial ETFs, Large Cap ETFs, Mid Cap ETFs, Real Estate ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs, Utilities ETFs | No Comments

An authoritative figure pulls a chicken egg from a carton. He holds the egg up for the television viewer to see. “This is your brain,” he announces. Then he points to a frying pan and says, “This is drugs.” The man cracks open the egg on the side of the pan. He then spills the viscous contents into the skillet and allows the slop to sizzle. “This is your brain on drugs.” He waits for a second or two to let…

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The Stock Market Bear That Began 19 Months Ago

By | Asia ETFs, Bond ETFs, China ETFs, Consumer ETFs, Current Affairs and ETFs, Dividend ETFs, Emerging Market ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Financial ETFs, Global ETFs, International ETFs, Large Cap ETFs, Materials ETFs, Mid Cap ETFs, Real Estate ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs, Utilities ETFs | No Comments

Mainstream pundits have been telling stock investors throughout 2019 that it does not matter if long maturity Treasury bonds yield less than short maturity Treasury bonds. They have been explaining that you should ignore the fact that, for the most part, the 10-year yield has been offering less than the 3-month yield since mid-May. However, financial institutions often rely on borrowing money at lower short-term rates and lending at higher longer-term ones. When the spread between short and long flattens,…

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So Goes Apple, So Goes The U.S. Market

By | Asia ETFs, Bond ETFs, China ETFs, Commodity ETFs, Consumer ETFs, Current Affairs and ETFs, Emerging Market ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Global ETFs, International ETFs, Large Cap ETFs, Semiconductor ETFs, Small Cap ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

Apple (AAPL) has been one of my largest individual holdings for the bulk of the post-recession stock bull. I believed in it when it was trading for one-tenth of its current value back in 2009. I even believed in it when it plummeted 40% in the winter of 2012-2013. Back then, though, Apple’s troubles did not adversely affect the broader equity rally. On the contrary. The S&P 500 exhibited all of the signs of a powerful uptrend. More recently, Apple…

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Why The Economic Slowdown Will Rattle Stock Investors

By | Bond ETFs, Consumer ETFs, Current Affairs and ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Large Cap ETFs, Materials ETFs, Real Estate ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

The economy, as measured by gross domestic product (GDP), grew at 4.2% in the second quarter. It slowed to 3.5% in the third quarter. Meanwhile, Q4 projections have been coming in closer to 2.9%. An optimistic “take” would be to exclaim that the 2% pace that has been the hallmark of the current expansion is now in the rear-view mirror. For 2018 and beyond, we have kicked it into a higher gear (3%) due to tax cuts and regulation curtailment. A…

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Everything Is Wonderful… Ex-Energy, Ex-Retail And Ex-Banks

By | Biotechnology ETFs, Consumer ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Health ETFs, Materials ETFs, Popular Posts, Technology ETFs, US Markets and ETFs, Utilities ETFs | No Comments

As long as central banks around the globe are creating monetary credits at a breakneck clip of $200 billion per month, assets from stocks to real estate to higher yielding securities may have a floor underneath them. In particular, saber rattling in North Korea, government shutdown threats, natural disasters from Harvey to Irma, slower job growth and/or the demise of big name retailers may not cause long-lasting stock declines. And therein lies a problem: extreme complacency. The masses are beginning…

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Stocks Climb A ‘Wall Of Worry,’ Though Humpty-Dumpty Investors Can Fall Off The Wall

By | Consumer ETFs, Current Affairs and ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Popular Posts, Special Sectors ETFs, Transportation ETFs, US Markets and ETFs | No Comments

Macy’s, JC Penney, Sears. Does anyone seriously believe that these corporations will thrive in the years ahead? They’re far more likely to go belly up than to turn things around. Many investors seem unfazed by the probability that Amazon (AMZN) will terminate traditional retail. They see it as an opportunity to invest more in the stock shares of the wildly overvalued e-tailer. What they’re neglecting, however, are the people that brick-n-mortar companies employ. There are roughly 400,000 at these three “dead-in-the-water” businesses alone….

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Why Doesn’t The Bond Market Believe The Stock Market?

By | Bond ETFs, Currency ETFs, Current Affairs and ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Internet ETFs, Large Cap ETFs, Small Cap ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

The S&P 500 struggled to gain price traction between the tail end of 2014 and the beginning of November in 2016. For many folks, the period represented 22 taxing months of uncertainty. Then came Trump. Suddenly, the investing community began soaking up the potential that corporate tax cuts, infrastructure spending and regulatory reform might revive a slow-growing economy. U.S. stocks rocketed to set records. In contrast, bond prices plummeted, as yields for the safer haven securities soared. Since the beginning…

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Threat Assessment: Perils Are Pointing To The Possibility Of Heartbreaking Losses

By | Current Affairs and ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Popular Posts, Real Estate ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

Stocks rocketed to all-time highs between October 1990 and March of 2000 to register the longest bull market ever (9 years, 5 months). No matter how ridiculous the price-per-stock share – no matter the mindlessness associated with owning U.S. tech stocks at 65 times trailing profits (rather than 15) – the popular view had been that the Internet’s “New Economy” had changed the rules of the game. Unfortunately, it hadn’t. The Nasdaq 100 ETF (QQQ) gave up 80% of its…

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Buy Or Sell Tesla (TSLA)? Tell Me What The “Feds” Are Going To Do

By | Bond ETFs, Current Affairs and ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Large Cap ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

A client recently asked me for an opinion on Tesla (TSLA). I snickered. Not because I had a negative outlook on the electric vehicle manufacturer. Nor did I laugh because I doubted Elon Musk’s ability to lead. Did I chuckle because auto demand might be peaking? No, that wasn’t it. Or because low gasoline prices may be dampening enthusiasm for alternative energy? Not at all. Perhaps I giggled because eventual profitability for the company remains a huge question mark. Surprisingly, my…

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