John’s Notes

John’s Commentary – Dec 20 2018

42% of NYSE stocks hit a 52-week low today [so far!]. With stocks down more than 2%, many semiconductor companies are up. And with stocks this quarter and this month down significantly against bonds, there will be a very large institutional re-allocation from bonds/cash to equities around year-end. The equity market should be bought.

By |2018-12-20T23:33:28+00:00December 20th, 2018|John's Notes|0 Comments

John’s Commentary – Dec 17 2018

Wheaton Precious Metals WPM, my top choice in precious metals, had a nice 14% advance on Friday based on resolution of a tax dispute with Canada. I would not chase the stock now, but would wait for a modest pullback. But given the company’s historic and sizable participation in silver, WPM remains the best [...]

By |2018-12-19T17:56:57+00:00December 17th, 2018|John's Notes|0 Comments

John’s Commentary – Dec 14 2018

The market has gone nowhere since my return to positive on the market. Down 480 on the DJIA, today is interesting. Persistently weak sectors such as financials, Russell 2000 small caps, and the transports are not leading the market down. I believe this indicates this may be the last downward test for the market for the time being.

By |2018-12-14T22:04:58+00:00December 14th, 2018|John's Notes|0 Comments

John’s Commentary – Nov 21 2018

Now is the time that I would want a portfolio to be more-or-less fully-invested in equities [according to each portfolio’s normal definition of such a position]. If the market does go lower, I expect that the decline would mostly be felt by big, popular “tech” stocks whose future prospects are now gathering doubt.

By |2018-12-13T14:14:54+00:00November 21st, 2018|John's Notes|0 Comments

John’s Commentary – Nov 14 2018

Writing this midday with the S&P 500 down 21 at 2701, I have been contemplating whether to venture forth to make a fool of myself by putting in writing my best guess that this decline may be over. There are still more new lows by a fair percentage, but the absolute difference between new lows and highs is not huge and could flip.

By |2018-12-13T14:18:28+00:00November 14th, 2018|John's Notes|0 Comments

John’s Commentary – Oct 29 2018

It has been an interesting few days since late Wednesday afternoon. While there is clear improvement in indicators that had led to my notes of caution in early October, I do not know if the S&P500 goes still lower over the near-term, but I can say that many well-positioned companies are selling at attractive entry points.

By |2018-12-13T14:24:36+00:00October 29th, 2018|John's Notes|0 Comments
Go to Top