Category: Uncategorized

There are no “gurus” out there. The best of us are still mere mortals. We all see the same things. We just all interpret differently. Nothing goes on forever in the markets. All we want to do is how to invest by avoiding excessive risks and calculating the probabilities of various outcomes. Ouch! A dose…

Hip. hip, hooray! Stock prices continue to rise, making November one of the best months for Wall Street. Retail investors net bought USD4.8B of cash equities, the highest weekly inflow recorded since April 2022. For the week, the S&P 500 advanced +1% and the Nasdaq Composite tracked +0.89% higher. The S&P 500 is up over…

Should I just keep regurgitating a lot of things that I have been spewing on and off here? The year is slowly drawing to a close. Some of my clients and partners are even more quickly disappearing off on holiday – how lucky. I have started working on my New Year letter (packed with “wild…

Oil prices have cooled a bit in recent months so can the black gold do better or not going into 2024? We can never be sure. The market can take you for a ride sometimes. We have a trading exposure to oil for certain positions. I see the oil market in the middle of a…

Bonds have become more attractive as an investment opportunity due to weaker inflation readings and expectations for Fed rate cuts in 2024. The “higher for longer” mantra has been replaced by the optimism of potential rate cuts in 2024. We should also note the risks. I have been adding selectively in recent months. In their 2024…

I hope you have a fantastic Thanksgiving! Is money really everything in life? It is time to hit the pause button on markets, put the spreadsheets away, and enjoy the company of your loved ones. Thanksgiving is cherished across the US as a time to gather with family and friends, reflect on what we are…

I picked up something from Yahoo Finance for those looking for reasons to invest their hard-earned wealth next year. The stock market has had a stellar run in 2023, and the equity strategy team led by Savita Subramaniam at Bank of America expects another strong year in 2024 will send the S&P 500 to a…

Cryptos are crashing again – sorry for the bad joke. I was having a meeting earlier with my local partners on how the crypto assets might disrupt our investment portfolios. Crypto assets will probably end in “tears” (blowoff bubble) according to some critics someday but that day is not close. Cryptos are the most misunderstood asset…

Wow! It was another good week for a stock market bull like me. Major US benchmarks captured their third straight week of gains after the latest inflation data showed prices cooled down last month and investors continue to hope that the Fed won’t raise rates in December. So far in November, the S&P 500 has…

Transcendental meditation or TM is a technique that I have regularly done over all these years because it is so simple, effective, and the experience of doing it is so enjoyable. I feel sorry for some people who go looking for an effective meditation technique and have to shift through all the land mines of…