Ride the Wave

Posted on Sunday, January 6th, 2019

We had hoped that the New Year would settle markets. It has not. Why the volatility – the severe swings in the market? A lack of liquidity. Year end markets are notoriously illiquid and if there are fewer bids and offers in the market place then there is the possibility of wider swings. Wider swings… read more.

Auto Pilot

Posted on Sunday, December 30th, 2018

We have been quite verbose in our weekly ramblings so we will attempt to be a bit more succinct. We are firmly in the grip of a bear market. The big question is how deep will this bear sink its claws in? We saw support as being around 2300 on the S&P and we got… read more.

Grocery List

Posted on Sunday, December 23rd, 2018

How extreme has this been? At this rate the S&P 500 will hit 0 in early February. Long blog this week so here is the Executive Summary. Keep your head about you. The S&P is not going to zero. In our over 30 years in this business this is one of the most extreme selloffs… read more.