Category: Commentary

The August survey covered institutional fund managers with $508 billion under management. Continue reading “August 2024 Bank of America Global Fund Manager Survey Results (Summary)”

Unwinding the “Most Crowded Trades”

On Friday, I joined Liz Claman on Fox Business to discuss the economy, labor market, SAHM rule and more.  Thanks to Jake Mack, Kathryn Meyers and Liz for having me on:

Watch in HD directly on Fox Business

More on the Carry Trade

Many have been asking why the Nikkei (Japanese Equities) were down 25% in just a few days.  We discussed how it works, what’s happening and the outlook going forward, with Charles Payne, on Fox Business this Monday.  Thanks to Nick Palazzo and Charles for having me on:

Here were my “show notes” ahead of the segment: Continue reading ““Like a Phoenix from the Ashes” Stock Market (and Sentiment Results)…”

On Wednesday, I joined Neil Cavuto on Fox Business to discuss markets, the rotation, the Fed and more.  Thanks to Jenna DeThomasis and Neil for having me on: Continue reading ““Pals, Trowels and Towels” Stock Market (and Sentiment Results)…”

In last week’s important note and podcast|videocast we covered everything that was finally going UP – in-line with the imminent “Sea Change” we began talking about publicly since late June. Continue reading ““Rotation Nation” Stock Market (and Sentiment Results)…”

In my last few public appearances – since late June – I had been saying we are on the “cusp of a sea change” (un-magnificent 493 would outperform the magnificent 7 in 2H 2024): Continue reading “‘Sea Change’ Activated! Stock Market (and Sentiment Results)…”

I find more value in looking at individual company’s fundamentals than focusing on Macro/Fed, etc.  The reason is, one you can control and one you can’t.  You can control your investing framework (analysis of fundamentals) and apply it consistently across opportunities that meet your criteria. Continue reading “Is it Time Yet? Stock Market (and Sentiment Results)…”

Rotation

I had the pleasure to join David Lin on “The David Lin Report” this week.  Our view is that conditions are similar to Oct 2023 where laggards abruptly flipped from non-stop pain to gaining massively in the following few months. I go into detail with David as to why we have this outlook and what are the explicit catalysts for a similar abrupt turnaround.  You can watch it here: Continue reading ““Cash Flow is the Name of the Game” Stock Market…”

Fox Business

In Monday, I had the opportunity to join the great Charles Payne on Fox Business to discuss the market rotation, Nvidia, Intel, and general outlook.  Thanks to Charles, Kayla Arestivo and Nicholas Palazzo for having me on: Continue reading “Don’t Forget The Mouse – Stock Market (and Sentiment Results)…”

Above: Nvidia CEO Jensen Huang giving his signature to a fan.

Nvidia

Nvidia has been all the rage – and justifiably so.  Since NVDA reported its Q1 2023 earnings report and disclosed the huge demand for its AI chips, the stock has gone straight up.  Now it’s worth $3.3T.  Revenues up 4x, margin expansion, everything anyone could ever wish for. Continue reading “The Next Pain Trade – Stock Market (and Sentiment Results)…”