After 10 consecutive weeks of higher lows, the S&P final broke its previous week low. Bulls will say it’s taking a rest, but to me it looks like its fundamentally run out of juice. The blended earnings decline for Q1 is -7.6% according to FactSet, with the next three quarters estimated at -1%, +1.6% and +7.5%. A big bet currently on Q4 and we will most likely see that … [Read more...]
Archives for May 2016
Jim Dalton’s Intensive Course
For the students of Market Profile, Jim Dalton is no stranger. He is the man who took the initial teachings of Pete Steidlmayer and not only made them his own but took them to a whole different level. Dalton actually sponsored Steidlmayer's first book. Those unfamiliar with Market Profile can read an article by Jim Dalton, the free handbook from the CME, or watch a short … [Read more...]
Warren Buffett
Warren Buffett is one of the richest men in the world and considered one of the greatest investors of all time. A student of Benjamin Graham, he has evolved his approach over time and has maintained a track record that is the envy of almost all portfolio managers. … [Read more...]
Applied Equity Analysis and Portfolio Management
Professor Weigand's Applied Equity Analysis and Portfolio Management truly does a service to investors with this excellent book. He gets straight to the point in each chapter without the filler most other books have. The reader can easily follow along by downloaded the free spreadsheets from Wiley's website and can also watch over 7 hours of videos. There are videos and … [Read more...]
