Tag Archives: maverickinvestors.com

Despite Relief Rallies, Markets headed lower.

On Feb. 26th, I published my ‘revised’ downside for the S&P 500 of 17%. Well, watching CNBC I discover major indexes are now down 17%. I am patting myself on the back, but am hardly ecstatic. So is it all … Continue reading

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Oil stocks still worth avoiding – usually fall more than crude prices.

I suggested in prior post that oil would be in trouble due to the COVID-19 impact on fuel demand. The stocks are being clobbered, and one might be tempted to ‘buy low.’ After all, Chevron’s dividend yield is above 5%.  … Continue reading

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FED cut is golden for GOLD!

Although the price of gold has been on the rise long before the onset of the coronavirus (see my previous article), the FED’s surprise rate cut will be the catalyst for new highs.  Those who attended the annual Prospectors & … Continue reading

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Fun with FAANG (stocks)

I often toy with numbers to get a sense of what the risk might be in extreme circumstances (like we’re experiencing in the markets). For instance, what “if” the FAANG stocks, Facebook, Amazon, Apple, Netflix and Google (Alphabet) all traded … Continue reading

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Why the market carnage? It’s expecting a period of “inflession” (I invented the word).

I’ve invented a new word for what’s coming: Inflession (add to dictionary) is a combination of recession and inflation, characterized by low unemployment and very low interest rates. Sound strange?  The yield curve warned us months ago (when first inverted) … Continue reading

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Who predicted these oil prices? I’ll tell you.

The following prescient quote is from February 2014: The economies of China and India have slowed, and the U.S. is trending towards energy self-sufficiency thanks to production growth nobody envisioned back then.  The question today is why oil prices haven’t … Continue reading

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Who could have predicted these oil prices? I’ll tell you.

The following prescient quote is from February 2014: The economies of China and India have slowed, and the U.S. is trending towards energy self-sufficiency thanks to production growth nobody envisioned back then.  The question today is why oil prices haven’t … Continue reading

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Since when is the weather an economic barometer? Absurd!

Most of the economic data we’ve been seeing (don’t forget it’s historical data) belies the common thinking that the weather has been dampening economic growth.  The just reported U.S. GDP revision for the 4th quarter (up from 2.4% to 2.6%) … Continue reading

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Are markets in denial? Recent history in one chart!

Are we and the stock market in denial?  Talk of a ‘double-dip’ recession seemed to grow quieter once the correction I predicted back in January ran its course and the market headed to new highs.  I still adhere to my … Continue reading

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Canadian Stock Market earning a gold medal also?

One rule of thumb that works is ‘follow the smart money.’  Based on the most recent data I’ve seen: In the three months to November, $20.4 bln flowed into equities, the fifth largest 3-month total on record, lifting year-to-date total … Continue reading

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