Today we will look at the results of last week’s DataTrek Asset Price Bubble Survey. Thanks to all who participated! We had a total of 394 responses, with the vast majority…
Month: February 2021
Retail Investors’ Feelings Matter
While we were writing up the clean energy stock piece last night we got to thinking about why retail investors buy these stocks in the first place. This cohort has clearly…
Lessons from 30 Years of Cyclical Rotations
When I (Nick) first started covering the autos in 1991 at the old First Boston my first course of action was to meet a slew of portfolio managers and analysts…
Bloomberg: "Beaten-Up Bulls Point to Rates Rising for 'Right Reasons'"
Excerpt from Bloomberg quoting DataTrek co-founder Nick Colas: … “What seem like very lofty U.S. stock valuations are defensible if (and only if) earnings bounce back strongly in the second…
Financials Three Ways
We will freely confess to being only begrudgingly bullish on US Financials over the last few months. We’ve preferred cyclicals of all stripes, but really only found the group appealing because…
Volatility 2 Ways: VIX Futures, Russell Vol
Today we will visit with 2 volatility/VIX related topics for “Data”. #1: The CBOE VIX Term Structure, or what the market is expecting in terms of future volatility past just…