In this post I shortly describe the main market events for the first week of September just ended. Here it is… Last week -> The market ended August on Monday ona really high note. All US indices had their best August in over 30 years time actually. This is pretty unusual for August. Below you…
In this post I shortly describe the end-of-month rebalancing of the SIA-style Pension Portfolio (PP). For a detailed review of the most important market developments for August 2020 please refer to my Global Leaders Portfolio (GLP) rebalancing here. The rebalance The usual monthly injection of $1k was again used to purchase GLD. SPY holdings were…
SP500 now officially above all time highs. Tech keeps leading. Apple in the leader’s yellow t-shirt. Analysts are calling the AAPL massive run “extensively streched”. Bespoke Investment Group cites technicals that AAPL is 26% above its 50-day average and almost 60% above 200-day moving average. Well, it in deed is. What’s it changing? Especially after…
August so far turns out to be much calmer than usual. Volatility is highly contained and markets keep making new all-time highs in US. this week SP500 has officially joined the team of indices breaking their February tops. This is an unprecedented situation and happened only once before. Here’s a look at the volatility index…
S&P500 is still less than 1% off its new all time highs, but has yet to deliver this little milestone. I have wrote about that possibility and why that might actually happen already a few times (for instance here). Still it is all happening with a wall of disbelief pouring from the peoples’ mounths. Remember…
ETFs (Exchange Traded Funds) comprising of a basket of securities that jointly have some exposure to a certain investing story are called Thematic ETFs. It is a fast-growing sector of investing. Such securities can give great well-diversified value, but there’s often a lot of work to be done before buying it. Not all of them…
SP500 is now 1.2% away from making an all time high. If (or when) that happens, it will be the 2nd time in history after 1983 that the wide market makes a new all time high during a recession (I wrote about the reasons of such equity markets behaviour here as I rebalanced the GLP…
Quite a bit of action on the markets in the middle of the summer season. We’re almost half way through the reporting season. As I wrote here the downbeat expectations make the 2Q20 positive aggregate earnings surprises quite impressive. A lot is going on in some of the commodities as well as the monetary and…
Greetings from the Netherlands dear Smart Investors! I strongly recommend visiting this beautiful flat-like-a-table country to anyone who likes active holidays. Biking routes are plenty everywhere and the Dutch plains are so easy for the kids to bike! You really feel save eveywhere you go with your bike, as bikers have top priority here :).…
Last week was pretty interesting actually, even though we’re in the middle of the summer season. There has been little macro data, hence the market concentrated more on stock-specific situations. Let’s take a look: Last week -> Global markets rallied on Monday to start the week, boosted, amongst others, by the Chinese government telling people…
