BBRG: Five Reasons Why Stocks Have Fallen


This post is by from The Big Picture


Click here to view on the original site: Original Post




Five Reasons Why Stocks Have Fallen If the market’s recent dive led you to buy or sell, you’re doing this investing business wrong. Bloomberg, October 31, 2018       A few weeks ago, we discussed “retrospective prescience” – why everyone is so amazingly good at explaining what just happened. Apparently unaware of our own…

Read More

The post BBRG: Five Reasons Why Stocks Have Fallen appeared first on The Big Picture.

Never Tempt the Market Gods…


This post is by from The Big Picture


Click here to view on the original site: Original Post




@TBPInvictus here: Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing. — Donald J. Trump (@realDonaldTrump) January 4, 2018   The above tweet is one of my favorites. Posted January 2018, the president seems to take credit as the Dow Jones Industrial Average “crashes through 25,000” because of his “big cuts in…

Read More

The post Never Tempt the Market Gods… appeared first on The Big Picture.

Succinct Summation of Week’s Events


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending October 26th, 2018 Positives: 1. GDP came in at 3.5% for Q3, 2 tenths higher than expected 3.3%. 2. Durable goods orders rose 0.8% m/o/m, beating the expected 1.5% decrease. 3. Pending home sales rose 0.5% in September, meeting high end of expectations. 4. FHFA house price index rose…

Read More

The post Succinct Summation of Week’s Events appeared first on The Big Picture.

A World of Opportunities


This post is by from The Big Picture


Click here to view on the original site: Original Post




If you think U.S. stocks are volatile, you should see Emerging Markets. EM did well in 2017, but have seen their fortunes slip in 2018. Still, diversification means that some of your assets will be allocated to parts of Here is Barron’s: “Emerging markets have had a terrible, horrible, no good, very bad year. In…

Read More

The post A World of Opportunities appeared first on The Big Picture.

Succinct Summation of Week’s Events 10.19.18


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending October 19th, 2018 Positives: 1. Initial Jobless Claims came in at 210k for the week, down 5k from previous 215k. 2. Job openings rose to 7.136M in August, beating the expected 6.905M. 3. NAHB home builder index came in at 68 for October, a touch better than expected 4.…

Read More

The post Succinct Summation of Week’s Events 10.19.18 appeared first on The Big Picture.

Lessons Learned from Black Monday


This post is by from The Big Picture


Click here to view on the original site: Original Post




Today is the anniversary of Black Monday — October 19, 1987, the one day, 22.6% crash of the markets. I am a huge fan of Tim Metz’s Black Monday: The Catastrophe of October 19, 1987, and always recommend that book for folks who want the details of what occurred. The latest book on the topic…

Read More

The post Lessons Learned from Black Monday appeared first on The Big Picture.

Explaining the Correction, with Perfect Hindsight


This post is by from The Big Picture


Click here to view on the original site: Original Post




The Stock-Market Meltdown That Everyone Saw Coming At least they saw it coming with the benefit of hindsight. The reality is, the explanations can’t account for what is probably a random event. Bloomberg, October 11, 2018       We interrupt this regularly scheduled correction to bring you an after the fact narrative explaining in…

Read More

The post Explaining the Correction, with Perfect Hindsight appeared first on The Big Picture.

Succinct Summation of Week’s Events 10.12.18


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending October 12th, 2018 Positives: 1. Same store sales rose 6.5% w/o/w, up from previous rise of 5.7%; 2. Presidents Trump and Xi plan a get together at the G20 meeting the end of November, hopefully avoiding a US-China trade war; 3.  Consumer sentiment comes in at 99.0 for early October,…

Read More

The post Succinct Summation of Week’s Events 10.12.18 appeared first on The Big Picture.

BBRG: The Stock-Market Meltdown That Everyone Saw Coming


This post is by from The Big Picture


Click here to view on the original site: Original Post




The Stock-Market Meltdown That Everyone Saw Coming At least they saw it coming with the benefit of hindsight. The reality is, the explanations can’t account for what is probably a random event. Bloomberg, October 11, 2018       We interrupt this regularly scheduled correction to bring you an after the fact narrative explaining in…

Read More

The post BBRG: The Stock-Market Meltdown That Everyone Saw Coming appeared first on The Big Picture.

Stealth Correction? Its Bullish, Says Batnick


This post is by from The Big Picture


Click here to view on the original site: Original Post




Michael Batnick, director of research at Ritholtz Wealth Management, discusses notable trends under the market’s surface with Mike Santoli.   Stealth correction under market’s surface could be bull sign for stocks Stealth correction under market’s surface could be bull sign for stocks from CNBC.  

The post Stealth Correction? Its Bullish, Says Batnick appeared first on The Big Picture.

Don’t Fear October


This post is by from The Big Picture


Click here to view on the original site: Original Post




October Is the Scariest Month for Investors, Along With All the Others Actually, worry more about September. Bloomberg, October 1, 2018       Boo! October is here, and that inevitably means fear of stock-market crashes. Whether it is the Great Crash of 1929 (Black Tuesday) or the 23 percent one-day crash of 1987 (Black…

Read More

The post Don’t Fear October appeared first on The Big Picture.

Succinct Summation of Week’s Events 10.5.18


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending October 5th, 2018 Positives: 1. Unemployment rate decreased to an astonishing 3.7% in September (from 3.9%) 2. Jobless claims fell 8k w/o/w, from prior revised 215k to 207k. 3. Factory orders rose 2.3% m/o/m, higher than previous 0.8% decline. 4. PMI manufacturing index rose 0.9 in September, from 54.7…

Read More

The post Succinct Summation of Week’s Events 10.5.18 appeared first on The Big Picture.

BBRG: October Is the Scariest Month for Investors, Along With All the Others


This post is by from The Big Picture


Click here to view on the original site: Original Post




October Is the Scariest Month for Investors, Along With All the Others Actually, worry more about September. Bloomberg, October 1, 2018       My list . of seasonal irritants is increasing: from the National Association of Retailers annual Black Friday nonsense, to the regular scary October fright fest. Its not that I am turning…

Read More

The post BBRG: October Is the Scariest Month for Investors, Along With All the Others appeared first on The Big Picture.

Succinct Summation of Week’s Events for 9.28.18


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending September 28th, 2018 Positives: 1. Durable goods orders rose 4.5% m/o/m, meeting the high range of expectations. 2. Same store sales rose 5.8% w/o/w, 0.4% higher than the previous 5.4% rise. 3. New home sales came in at 629k for August, meeting expectations. 4. Retail inventories rose 0.7% m/o/m, up from…

Read More

The post Succinct Summation of Week’s Events for 9.28.18 appeared first on The Big Picture.

Succinct Summation of Week’s Events 9.21.18


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending September 21st, 2018   Positives: 1. Despite myriad possibilities, POTUS did not start a trade war or cause a constitutional crisis (let’s hope this holds for a while). 2. Housing starts rose 9.2% m/o/m from 1.174M to 1.282M. 3. Jobless claims fell 3k from 204k to 201k, beating expectations. 4.…

Read More

The post Succinct Summation of Week’s Events 9.21.18 appeared first on The Big Picture.

Succinct Summation of Week’s Events 9.14.18


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending September 14th, 2018 Positives: 1. Mid-Cap and Growth stocks made new new all time highs this week. 2. Jobless claims came in at 204k w/o/w, below the expected 210k; 3. Job openings rose 1.7% in July, from 6.822M to 6.939M. 4. Consumer price index rose 0.2% m/o/m, matching last…

Read More

The post Succinct Summation of Week’s Events 9.14.18 appeared first on The Big Picture.

Succinct Summation of Week’s Events 9/7/18


This post is by from The Big Picture


Click here to view on the original site: Original Post




Succinct Summations for the week ending September 7th, 2018 Positives: 1. Nonfarm payroll employment increased by 201,000 in August, and the Unemployment Rate was unchanged at 3.9 percent; 2. Jobless claims fell 10k w/o/w, from 213k to 203k. 3. MBA home mortgage applications fell a seasonally adjusted 1% w/o/w, up from previous 1% decline. 4. Same…

Read More

The post Succinct Summation of Week’s Events 9/7/18 appeared first on The Big Picture.