September 15, 2018 marked the ten-year anniversary since the failure of Lehman Brothers – a major milestone in history marking the beginning of the largest financial crisis since the Great Depression. At the time, many investors feared a total systemic collapse. Stocks were sold indiscriminately with the S&P 500 falling 46% over the next six… Read More

The second quarter of the year contained plenty of action for market watchers. Trade war rhetoric and threats involving North Korea marred the first quarter and challenged the early innings of the second quarter. Following that, a relative calm settled in allowing US stocks to drift higher for a few weeks. However, that ended when… Read More

Wow – what a difference a few weeks can make! Our prior market commentary (written at the beginning of January), entitled The Case of the Missing Volatility, became very prescient a few short weeks later. It discussed the abnormally low level of volatility seen in the market for 2017. As we saw the end of… Read More

In spite of all the political bickering (and not just here in the US), 2017 was a great market for stock investors. What was really remarkable was the forward motion with such little volatility. Among the major stock indices, most charts for the year looked like a 45-degree angle higher, without so much as even… Read More

Day after day, the stock market continues to march higher, and this has some people confused. Many pundits have been looking for a correction (a drop of 10% or more) or at least a pullback (a drop of 5% or more) of some sort for quite a while. And it has been quite a while!… Read More