~200 Managers overseeing ~$600B AUM responded to this month’s BofA survey. Continue reading “May Bank of America Global Fund Manager Survey Results (Summary)”
Category: Commentary
The “Archegos’ Loss is Your Gain,” Stock Market (and Sentiment Results)…
Last week we spoke about opportunities starting to present themselves in selective Chinese Stocks and “Broken SPACs/SPAC warrants.” Continue reading “The “Archegos’ Loss is Your Gain,” Stock Market (and Sentiment Results)…”
The Clash, “Should I Stay or Should I Go” Stock Market (and Sentiment Results)…
With several conflicting messages (regarding tapering) from the Fed and Treasury this week, the best song to capture current sentiment is, “Should I Stay or Should I go” by The Clash. Continue reading “The Clash, “Should I Stay or Should I Go” Stock Market (and Sentiment Results)…”
The Chuck Berry “Ridin’ Along” Stock Market (and Sentiment Results)…
This week I chose Chuck Berry’s classic song “No Particular Place to Go” to describe current market sentiment. As you can see below, watching the markets for the past ~2 weeks has been like watching paint dry: Continue reading “The Chuck Berry “Ridin’ Along” Stock Market (and Sentiment Results)…”
The Hues Corporation, “Rock the Boat” Stock Market (and Sentiment Results)…
This week’s theme song to embody current stock market sentiment is, “Rock the Boat” by The Hues Corporation. Continue reading “The Hues Corporation, “Rock the Boat” Stock Market (and Sentiment Results)…”
The Justin Bieber “Peaches” Stock Market (and Sentiment Results)…
I had a tough time coming up with a song to describe Stock Market sentiment this week. After Coinbase IPO’d at a $100B valuation, it hit me. Market participants must be singing from the same hymnal in Justin Bieber’s latest hit “Peaches”: Continue reading “The Justin Bieber “Peaches” Stock Market (and Sentiment Results)…”
The Van Morrison “Into the Mystic” Stock Market (and Sentiment Results)…
In recent weeks, we’ve talked about the concept of “crosswinds” in the market and that rather than focusing on the general indices, it was paramount to concentrate on sector rotation and the “rallies under the surface.” Continue reading “The Van Morrison “Into the Mystic” Stock Market (and Sentiment Results)…”
The Dua Lipa “Levitating” Stock Market (and Sentiment Results)…
This week we chose Dua Lipa’s billboard hit (featuring DaBaby), “Levitating” to capture the current status of the stock market. She describes it well with her lyrics: Continue reading “The Dua Lipa “Levitating” Stock Market (and Sentiment Results)…”
The Bruno Mars, “Leave The Door Open” Stock Market (and Sentiment Results)…
This week we chose Bruno Mars new hit song, “Leave the Door Open” to embody the sentiment of the stock market. The salient lyrics are: Continue reading “The Bruno Mars, “Leave The Door Open” Stock Market (and Sentiment Results)…”
The “Fly Like an Eagle” Stock Market (and Sentiment Results)…
Following Chair Powell’s press conference yesterday, the song that appropriately captures market sentiment this week is the Steve Miller Band’s “Fly Like an Eagle.” It hit #2 on the Billboard Hot 100 chart in March 1977 (four months before I was born!): Continue reading “The “Fly Like an Eagle” Stock Market (and Sentiment Results)…”