EOT Update
EOT position update April 23, 2014
April 23, 2014 Market Snapshot The change in market leadership we identified a month or so ago has required a major change in strategy. In short, buying call options on high flying momentum stocks is no longer working. These stocks are out of favor with investors. And there simply isn’t enough fire power to drive […]
EOT position update April 16, 2014
April 16, 2014 Market Snapshot Over the last few weeks, we’ve seen a dramatic change in market leadership. Growth stocks have gone from the penthouse to the outhouse while value stocks have picked up momentum. It’s unusual to see this type of market action when there aren’t ominous signs of economic slowing or stagnation. One […]
EOT position update April 9, 2014
April 9, 2014 Market Snapshot It’s been a tumultuous week for the stock market. The S&P 500 has been up and down and around but hasn’t gone anywhere this year. Last week the S&P surged 3% higher to hit a new all time high of 1,897 on Friday. But the rally evaporated quickly after weaker […]
EOT position update April 2, 2014
April 2, 2014 Market Snapshot The first quarter of 2014 hasn’t been great for the stock market. The S&P 500 is up a mere 0.5%. But it’s also within 1% of the all-time high. So, it’s not the end of the world either. As the quarter comes to an end, there are some very important […]
EOT position update March 26, 2014
March 26, 2014 Market Snapshot 2014 is shaping up to be very different than 2013 for the market… The days of all the sectors going up at the same time are a thing of the past. Now the strength and weakness shifts from one sector to the next on a weekly or sometimes daily basis. […]
EOT position update March 19, 2014
March 19, 2014 Market Snapshot The S&P 500 is caught in a tug-of-war between good and bad news… On one side, there’s US economic data. Better than expected readings on the US labor market, retail sales, and industrial production are pulling the market higher. On the other side, the Russian invasion of Ukraine’s Crimea region […]
EOT position update March 12, 2014
March 12, 2014 Market Snapshot It’s been a quiet week on Wall Street with little in the way of economic news. The lack of any catalyst to move the market has sent the S&P 500 drifting lower since reaching a new all-time high of 1,883 on Friday. A slew of economic data will be released […]
EOT position update March 5, 2014
March 5, 2014 Market Snapshot Just last week the S&P 500 and many other market indexes reached new all-time highs. The rally was being spurred on by a boat load of better than expected economic data. Housing prices, new home sales, durable goods, Chicago PMI, University of Michigan Confidence, and bank lending all surprised investors […]
EOT position update February 26, 2014
February 26, 2014 Market Snapshot The bull market is strong… The January pullback was met with an even stronger recovery. The S&P 500 now stands at a new high after eclipsing the previous high of 1,850 set on January 15th. The charge is being led higher by risky and aggressive stocks like Google (GOOG),Tesla Motors […]
EOT position update February 19, 2014
February 19, 2014 Market Snapshot Bad weather continued to punish much of the country last week. But the stock market is out of the deep freeze. Amazingly, the S&P 500 has recouped all the losses from the correction that knocked the large cap index down 6% in just eight trading days. I wouldn’t be surprised […]
