by Lance Roberts | Dec 14, 2021 | AlphaTack Intel
“Wipe Out” is an appropriate description of what is happening beneath the calm surface of the bull market. As we head into the end of the year, many are hoping for “Santa to visit Broad and Wall.” However, those hopes are not just about adding to this year’s already...
by Lance Roberts | Nov 2, 2021 | AlphaTack Intel
Fundamentally speaking, there are more than a few indications that 2022 earnings estimates are still overly exuberant. However, the bullish optimism currently supports rising stock prices. Such was a point I touched on in this past weekend’s newsletter: “Overall, 56%...
by Lance Roberts | Jul 13, 2021 | AlphaTack Intel
Bubbles are evident and only get acknowledged after they pop. Such is because, during the inflation phase of the market bubble, investors rationalize why “this time is different.” We have seen many examples of this rationalization over the last couple of years. Such...
by Lance Roberts | Apr 26, 2021 | AlphaTack Intel
When there is a discussion of low future returns due to valuations, what gets missed is that such requires a bear market. Let me explain. In “Do You Feel Lucky,” Michael Lebowitz compiled a series of valuation metrics and their correlation to future returns. To wit:...
by Lance Roberts | Feb 26, 2021 | AlphaTack Intel
In last week’s Technically Speaking post we discussed why we reduced risk in anticipation of a pullback in the markets. However, there are some warning signs which beg the question “is a larger correction coming?” A Tough Start What started out as a promising January,...
