Mike W

An Odd Twist of Stock Market Fate

There are a few things to be aware of as the financial and economic positives build for 2018 and beyond. In the midst of all the recent new record setting highs across cash flows, net worth, market averages...

Sorry, I Was Wrong…

I’ve suggested for many moons now how we should consider the claim that the investor crowd is too bullish and complacent with a mountain of salt. My exact words: “If you find yourself concerned the crowd has become...

Who Moves Less Wins

Sometimes, after all patience is spent and allowances for lunacy sold as expertise becomes exhausting, you just have to call it what it is: Plain old bullsh$$. Here are some recent examples of this type of manure: Reality...

As Good As It Gets?

The latest on corporate earnings is that the averages have been doing far better than the stocks reporting results, even as the results are beating estimates. In fact, not too long ago I wrote: "Given markets have rallied...

Aye, But No, But Yeah, But…”

I hear lots of stuff each day. Calls, emails, comments by response, questions posed in posts, the lot… It's all good stuff, and usually you can spot some themes. The most common of which is the: “Yeah, but…"...

Things Look “Solid”

The corporate earnings season in perspective, all seems well for the long-term investor. In fact, to see continued volatile churn during earnings seasons is actually a good sign. Not until every investor and commentator’s response is, for whatever...

Are You Waiting for “Red Ink”?

So, US GDP despite Mother Nature’s anger came in far better than expected. There will likely be adjustments in the coming months, but historically speaking they tend to move things higher. It’s a $20 Trillion economy moving at...

Stop the Insanity

Last week the Dow Jones and S&P 500 fell by about 48 basis points. For you non-maths people that's the equivalent of less than one-half of a percent. Frightening, right? Eh, no. But the market reaction was like...

The Boring Norm of Upward Earnings

First, make sure you click here to watch our short video on the surprising strength building in the US economy. Most folks don’t see this coming! Now, on to the business at hand. This earnings season so far...

Overpriced? You Tell Me…

Just about all aspects of the still young earnings season are coming in pretty nicely. Expectations were dragged down again as analysts tried to calibrate for the hurricane impact, but so far it appears these concerns are overweight...