“Don’t kid yourself about what this sell-off is really about. It is about a recession.” – Jim Cramer, January 2016, CNBC2016 S&P 500 total return: +12.25% Where are we, at the end of April 2019? The above quote illustrates, of course, that you can’t be TOO impressed by anyone’s prediction, even a well-known television personality  Continue Reading >

Question to Warren Buffet: Your investment thesis is so simple, why doesn’t everyone just copy you? Buffet answer: “Because nobody wants to get rich slow” – anecdotal… Where are we, at the end of February 2019? As of the end of February the stock market is within about 5% of its high in September. Think  Continue Reading >

Although the bear market narrative is popular according to some market pundits, our analysis based on a 93 year history of bull and bear markets suggests otherwise…..Over the [past …] weeks there have been encouraging signs of a sustainable market low.  Lowry’s Institutional Market Trend Analysis  Where are We, at the End of Q4 2018  Continue Reading >

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market”. Ron Chernow  “The stock market takes an escalator up and an elevator down”. Old cliché  Where are we, at the end of October?  Continue Reading >

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years”. Warren Buffett Where are we, at the end of September and YTD? Sorry for the somewhat late date sending this out. I wanted to  Continue Reading >

“The trick is to stop thinking of it as ‘your’ money.” – IRS auditor. Where are we, at the end of August? It seems that every month there is something interesting to say about the crazy variation in stock market performance. Here is the most surprising fact:  the New York Stock Exchange Composite index (average  Continue Reading >

“Every day, self-proclaimed stock market “experts” tell us why the market just went up or down, as if they really knew. So where were they yesterday?” – Anonymous. Where are we, at the end of July? The markets rebounded strongly in July from a mediocre month in June. It was one of those months where  Continue Reading >

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute. William Feather Where are we, at the end of June and half way through the year? Last month I talked about the stock market being weird and unpredictable and that has  Continue Reading >