Trend Watcher – Are You Missing Out?
Joseph Gomez, Sr. Investment Advisor and Portfolio Manager Of the nineteen economic indicators released this week, nine were weaker than expected, eight were stronger, and two were in line. Once again this week, strength was concentrated in employment and housing related indicators. Thursday’s initial jobless claims report showed that the nation’s employment picture continues to improve. In terms of expectations, this week’s total of 348K .. read more
A Closer Look
The S&P 500, despite its worst day in a few months, was slightly down for the week. It’s right at its short-term uptrend line, so this coming week could be pivotal. The Nasdaq Composite is still overbought and has a short-term gap to fill in the charts. But it held its uptrend line on Friday, so .. read more
Trend Watcher – Weekly Recap
Joseph Gomez, Sr. Investment Advisor and Portfolio Manager With a gain of 6.8% six weeks into the year, the S&P 500 is currently off to its best start to the year since 1990. The S&P 500 is currently 21 points away from taking out its prior bull market closing high of 1,363.61 made on April 29th of last .. read more
The Alhambra White Paper Series: The Economic Role Of Capital
What is “capital”? This term is oft-used but little understood in the investing and broader business worlds – indeed, even in the economics profession itself, there is confusion about its precise meaning. But it is a categorical magnitude of immense importance not only for investment decisions but also for the betterment of human life and .. read more
A Closer Look
The S&P 500 has once again bounced off its upward trend line on its way to new highs, on the back of the announced Facebook IPO and pretty much nothing new from Europe. The index is very overbought at the moment though, so buyer beware. It’s above the 70 level in the Relative Strength Index, .. read more
Why is investing so difficult?
Joseph Gomez, Sr. Investment Advisor Why am I more optimistic about the future of the stock market? I can’t help it when I read that mutual fund outflows last year topped $130 billion, or 3 times more than in 2010. Despite the 20% or so rally in the S&P 500 since early October, there were outflows of .. read more
Trend Watcher – Nasdaq At 10-Year High
Joseph Gomez, Sr. Investment Advisor The Nasdaq made a multi-year high this week. The index is now up 11.54% for the year, which is nearly double the 6.94% YTD return for the S&P 500. The key to this rally has been the strength we’ve seen in the Financial and Technology sectors, which make up roughly 35% of the .. read more
A Closer Look
The S&P 500 continues to creep up on no news from Europe and further monetary easing here in the US. While the move up has been nothing to write home about, the markets do find themselves overbought, and sentiment is quite positive, which may signal at least a short term top. The VIX index hit .. read more
