Silver as an investment

Category Archives: Market Cycles

Is Financial Argmageddon Bullish For Stocks? One Bank’s Surprising Answer

Everyone knows that after nearly a decade of capital markets central planning by the world’s central banks, “good news is bad news.” But did you also know that financial armageddon has become the most bullish catalyst to buy stocks? That’s the understated take-home message from the year ahead preview by Macquarie’s Viktor Shvets published last […]

Fabrications Of Financial Media Superstars – Part One

Authored by Lance Roberts via RealInvestmentAdvice.com, Every day, the A-listers, those known around the world as household-name financial media royalty, are making public statements that if taken on the surface as actionable advice, are going to lead to unpleasant financial surprises. Not for them. For you. As authorities, no matter what they bloviate about on […]

Small Cap Rout Is Flashing Red Flag For US Economy

The post-election small cap bounce in US stocks has now been completely erased as it seems tax-reforms have now been entirely priced-out of markets. However, as BofAML notes, the demise of small cap stocks relative to the broad market augurs badly for forward-looking economic growth… The Russell 2000 is now the worst performing major index […]

Scientific Proof ETFs Make Markets Dumber

One of the horses we have beaten to death starting in 2013 (with Why The TBAC Is Suddenly Very Worried About Market Liquidity) is that the relentless growth in ETFs in particular, and passive investing in general, is one of the greatest threats facing the US equity market for one main reason: “phantom liquidity”, and […]

What If The 1980-Secular Bull Is Still Running?

Via Lance Roberts of RealInvestmentAdvice.com, Valuations & Full Market Cycles In this past weekend’s missive, “Visualizing 10-Reasons For Caution,” I presented a chart heavy analysis of why the current market is likely due for at least a short-term correction. There is little doubt currently “exuberance” is running high following the election of Donald Trump. The […]

BNP Risk Indicator Flashes “Love” Warning Signal For US Stocks

While the market itself has exhibited the exuberance we have all seen before (and never seem capable of learning from), BNP has quantified this love-panic relationship (and the news is not great for the bulls). When in 'love' mode, the average drop in stocks has been 12% in the next six months. The biggest drivers […]

“It’s Quiet, Too Quiet”

Submitted by Lance Roberts via RealInvestmentAdvice.com, A Better Way To Use P/E’s There has been an ongoing debate about market valuations and the current state of the financial markets. On one hand, the “bulls” use forward price-earnings ratios to justify current valuation levels while the the “bears” cite trailing valuations based on reported earnings per […]

Here Are The 7 Rules Bank Of America Uses To Decide When It Is Time To Sell The Market

With the Trumflation rally fizzling with every passing day, the only question asked by traders is "Is it time to sell the market?" According to Bank of America, the answer, at least for now, is no. That's the conclusion of BofA's chief investment strategist Michael Hartnett who looks at the bank's 7 favorite, proprietary market-timing […]

The Bull Giveth, The Bear Taketh, & You’re Not Passive

Submitted by Lance Roberts via RealInvestmentAdvice.com, Over the last several months, in particular, the number of articles discussing the shift from “active management” to “passive indexing” have surged. I get it. The market seems to be immune to decline. It is effectively the final evolution of “bull market psychology” as investors capitulate to the “if […]

Bob Farrell’s (Illustrated) 10-Investment Rules

Submitted by Lance Roberts via RealInvestmentAdvice.com, Over the weekend, it was interesting to see the number of advisors/analysts quickly rushing to defend their “buy and hold” investing philosophies following the sharp decline on Friday. As I wrote this past weekend: “The downfall of all investors is ultimately ‘greed’ and ‘fear.’   They don’t sell when markets […]