Written by David Fabian, July 29th, 2017
Active investors are continually looking for innovative ways to beat the market. They want to believe that some perfect combination of fundamental or technical indicators will lead to the holy grail of outperformance (otherwise known as alpha).
In the broadest sense, there are two ways to beat the market: on the upside or on the downside. You either take more risk or less than the benchmark. Read more
Written by David Fabian, July 18th, 2017
The markets are doing that thing again. That thing where everything looks easy. Where the trends are picture perfect. Where good stocks keep doing good things and bad stocks keep doing bad things. Where shorting the VIX seems like the easiest money in the world and where commodities are so fractured as to be all but unbearable to own. Read more
Written by David Fabian, June 25th, 2017
The halfway point of 2017 is nearly upon us and as investors consider market dynamics, there is much to be both excited and worried about. The following are some of the most interesting charts on my radar right now and their implications for your portfolio.
PowerShares QQQ (QQQ)
In my opinion, no other major index can define the resilience of growth stocks better than the NASDAQ-100 over the last several years. This ebullient group of the 100 largest non-financial stocks on the NASDAQ Stock Exchange has now spent 137 trading days above its 50-day moving average. That’s a new all-time record according to Charlie Bilello of Pension Partners. Read more
Written by David Fabian, December 19th, 2016
The end of 2016 is finally in sight and many people are going to be excited to put this one in the rear-view mirror. The onslaught of opinions and observations across the political, social, and economic spectrum have been exhausting to say the least. As we close out the final weeks of this tumultuous year, it’s a good time to reflect on mistakes that were made in your investment portfolio. It’s my hope that a little bit of analysis and introspection can lead to better behavioral choices moving forward. Read more
Written by David Fabian, November 13th, 2016
It feels like we have almost packed a full year’s worth of stock market price action into just the last two weeks. With so many diverging market sectors and overall fluctuations, I thought it would be prudent to do an examination of some key charts.
Taking a closer look at these categories can help frame macro views as well as determine areas of strength and weakness. Read more