US large caps have had a great run from their October 12th lows, with the S&P 500 up 12.6 percent through last Friday. That’s not quite as good as the…
Category: Blog
Inflation Hedges: 3 Sectors Stand Out
If we’ve learned one thing this year, it is that US equities are not an inflation hedge. The S&P 500 and Russell 2000 are each down 19 percent YTD, and…
The Real Story About Analysts’ Estimates
“Why are Wall Street analysts’ earnings estimates almost always too high for the upcoming year but too low for the current quarter?” I (Nick) spent 9 years as a senior…
Q3 Earnings: What You Need to Know
With US equity markets deep into Q3 corporate earnings season, today we have 3 points to keep in mind as you evaluate what these datapoints signal about the future direction…
3 Lessons from the 1987 Crash
This Wednesday, October 19th, marks the 35th anniversary of the 1987 stock market crash. I (Nick) was working as a customer service representative at the old Alliance Capital (now AllianceBernstein)…
Outsized Vol, Finding a Low
This year has been exceptionally volatile for US equities, with the S&P 500 down over 3 percent on 8 days. That’s over 3 standard deviations (1 percentage point apiece) away…