Mike W

It’s Just a Question of Time…

Time is one of the most difficult things to deal with when markets are under stress. It seems to evaporate under the duress of expectations and the convenient assumptions they birth. As such, we should expect that this...

When Market Corrections Bring Massive Benefit

I have a strong hunch that most readers right now like stocks a lot less than they did a year ago at this time. How would we know that? Look around at the record setting weeks of outflows,...

The Gift Horse That Got Away…

Raise your hand if you got a brand new 65 or 70-inch HD-TV for Christmas… Now, let’s just say you’ve been stalking said digital prize for six months or so when one day your better half, with whom...

When ‘Panic’ Means ‘Opportunity’

In a word: “Nutty.” That’s the markets right now. And when things are nutty short-term panic usually ensues, which, for long term investors means: “Opportunity.” That’s because time is always the first victim of short-term perspectives. It vanishes...

Volatility Begets Volatility…Until the Emotion is Spent

Every other time the markets have become oversold - 2002, 2008, and 2011 – we saw an oversold ‘bounce’ ensue. And this trend could very well continue in the coming weeks. Now, it’s early doors as yet so...

Crowd Hysteria Doesn’t Stop on a Dime

Feeling dizzy from all the market movements? Think the volatility is worrying? Waiting for “easier” or “better” days to arrive? Don’t. Sure, last week we saw a lot of activity; a close that was down over 600 points,...

When Market Fear Becomes a Self-Fulfilling Prophecy

Let’s take a trip backwards to help us look forward. The chart below shows us the Great Recession Lows in March 2009, when everyone REALLY swore they would never invest again. Just about everyone concluded that the market...

Emotions, Algorithms & Misplaced Sentiment

After many years writing the mantra "pray for a correction" some readers have responded with consternation that I can stop now that it’s here. Others have suggested I should consider a more agnostic perspective in future. I understand...

When The Only Way To Win Is By Not Playing The Game…

Needless to say, the market is not cooperating at the moment. It’s short-term frustrating and, oddly-enough, doing precisely what took place right before the last big demographic lift-off; the Baby Boomers of the early 1980s. Equally, the way...

Order More Robots?

Rates are rising because the economy is improving. And if you are still afraid of robots taking your job, well, then you’re missing. The next wave of robots will only make the ground more fertile and rewarding in...