Far From the Maddening Bears

My wishes for a summer swoon thus far appear pretty bogus… Just about everywhere you look we’re breaking records. Except of course with sentiment, where the eight-week moving average of bullishness in the latest AAII Survey release is...

The Upside of Down

The summer haze has simply not (yet) uncorked a stock market swoon. But you’d never know that by looking at investor sentiment. The latest from AAII shows not only the 132nd week in a row where bulls made...

Ten Years After

Did you know I get paid nowadays to read for hours and hours. Paid to do what I love. Magic. And as a result I come across lots of books, articles and reports. This month there’s been stuff...

But This One’s Just Right…

Analysts are rarely satisfied. There just never seems to be that Goldilocks “But this one is just right” moment. This is once again the case with the recent US jobs numbers. Lots of revisions and chatter about ebbing...

The Breadcrumbs to Good Market News

Good Morning, For those of you who like to study the structure of the market, I’ve prepped another short video review for you here as we edge closer to the mid-point of the summer haze. Make sure you...

Why “All Is Well” Doesn’t Sell

The summertime economic calendar remains light, so expect loud noises about small things. That’s because the scribblers and commentators can write that "all is well," because it doesn’t sell. However, even as the second stage of the summer...

A Cure for Stock Market Altitude Sickness?

Have a look at the latest American Association of Individual Investors (AAII) stats from last week (below). It shows the bears out there once again outnumber the bulls. In fact, that level of negative investor sentiment has continued...

It’s Times Like These You Learn to Think Again…

Just about every summer that I’ve been in this business has been marked by a choppy stock market. In recent years that choppiness has picked up a bit, and the high frequency traders (HFT) and algorithm guys haven’t...

Death & Taxes - Undefined Benefits

If you’re a typical Master Investor reader there’s every chance that at some stage you’ve been a member of a Final Salary Pension Scheme with a former employer. Or maybe you’re still in the job. Whatever the case...

The Bull Market’s Protein Shake

If I hear anymore references to impending Black Swan events I think I’m going to be ill. And folks, let’s keep in mind that the minute you start calling a prediction a Black Swan event, it’s no longer...